Newmont Mining Corp (NYSE:NEM) EVP E Randall Engel sold 5,700 shares of the business’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $40.23, for a total transaction of $229,311.00. Following the transaction, the executive vice president now directly owns 239,700 shares of the company’s stock, valued at approximately $9,643,131. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Newmont Mining Corp (NYSE NEM) opened at $37.63 on Wednesday. The company has a market cap of $20,070.00, a PE ratio of 53.76 and a beta of 0.24. The company has a current ratio of 4.18, a quick ratio of 3.58 and a debt-to-equity ratio of 0.33. Newmont Mining Corp has a 52-week low of $31.42 and a 52-week high of $42.04.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Carmignac Gestion raised its position in Newmont Mining by 8.0% in the third quarter. Carmignac Gestion now owns 15,346,347 shares of the basic materials company’s stock worth $575,641,000 after purchasing an additional 1,141,466 shares in the last quarter. Bank of New York Mellon Corp raised its position in Newmont Mining by 12.2% in the third quarter. Bank of New York Mellon Corp now owns 10,596,020 shares of the basic materials company’s stock worth $397,458,000 after purchasing an additional 1,150,995 shares in the last quarter. Flossbach Von Storch AG raised its position in Newmont Mining by 2.5% in the third quarter. Flossbach Von Storch AG now owns 8,072,121 shares of the basic materials company’s stock worth $302,785,000 after purchasing an additional 198,935 shares in the last quarter. Janus Henderson Group PLC raised its position in Newmont Mining by 7,145.7% in the second quarter. Janus Henderson Group PLC now owns 5,273,545 shares of the basic materials company’s stock worth $170,812,000 after purchasing an additional 5,200,763 shares in the last quarter. Finally, First Eagle Investment Management LLC raised its position in Newmont Mining by 159.2% in the third quarter. First Eagle Investment Management LLC now owns 4,207,739 shares of the basic materials company’s stock worth $157,832,000 after purchasing an additional 2,584,318 shares in the last quarter. 81.97% of the stock is owned by institutional investors and hedge funds.

NEM has been the subject of a number of research analyst reports. TheStreet raised shares of Newmont Mining from a “c+” rating to a “b” rating in a research report on Wednesday, October 11th. Scotiabank set a $48.00 price objective on shares of Newmont Mining and gave the company a “buy” rating in a research report on Monday, January 15th. BMO Capital Markets reaffirmed a “buy” rating and set a $43.00 price objective on shares of Newmont Mining in a research report on Wednesday, December 20th. Zacks Investment Research raised shares of Newmont Mining from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a research report on Wednesday, October 18th. Finally, FBR & Co set a $40.00 price objective on shares of Newmont Mining and gave the company a “hold” rating in a research report on Tuesday, October 31st. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $41.95.

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About Newmont Mining

Newmont Mining Corporation is a mining company, which is focused on the production of and exploration for gold and copper. The Company is primarily a gold producer with operations and/or assets in the United States, Australia, Peru, Ghana and Suriname. The Company’s segments include North America, South America, Asia Pacific and Africa.

Insider Buying and Selling by Quarter for Newmont Mining (NYSE:NEM)

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