Investors sold shares of Newmont Mining Corp (NYSE:NEM) on strength during trading hours on Monday. $21.48 million flowed into the stock on the tick-up and $57.74 million flowed out of the stock on the tick-down, for a money net flow of $36.26 million out of the stock. Of all companies tracked, Newmont Mining had the 0th highest net out-flow for the day. Newmont Mining traded up $0.95 for the day and closed at $39.79

A number of analysts have recently commented on NEM shares. TheStreet upgraded shares of Newmont Mining from a “c+” rating to a “b” rating in a research note on Wednesday, October 11th. Scotiabank set a $48.00 price target on shares of Newmont Mining and gave the stock a “buy” rating in a research note on Monday. BMO Capital Markets reiterated a “buy” rating and issued a $43.00 price target on shares of Newmont Mining in a research note on Wednesday, December 20th. Zacks Investment Research upgraded shares of Newmont Mining from a “hold” rating to a “buy” rating and set a $43.00 price target for the company in a research note on Wednesday, October 18th. Finally, FBR & Co set a $40.00 price target on shares of Newmont Mining and gave the stock a “hold” rating in a research note on Tuesday, October 31st. Two analysts have rated the stock with a sell rating, six have issued a hold rating, six have issued a buy rating and two have issued a strong buy rating to the company. Newmont Mining has a consensus rating of “Buy” and an average target price of $41.95.

The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.58 and a current ratio of 4.18. The company has a market cap of $21,300.00, a PE ratio of 57.14 and a beta of 0.10.

Newmont Mining (NYSE:NEM) last announced its earnings results on Thursday, October 26th. The basic materials company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.02. The company had revenue of $1.88 billion during the quarter, compared to analyst estimates of $1.86 billion. Newmont Mining had a net margin of 1.18% and a return on equity of 6.20%. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.38 earnings per share. equities analysts anticipate that Newmont Mining Corp will post 1.44 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Friday, December 8th were given a dividend of $0.075 per share. The ex-dividend date was Thursday, December 7th. This represents a $0.30 annualized dividend and a yield of 0.75%. Newmont Mining’s dividend payout ratio (DPR) is 42.86%.

In other Newmont Mining news, COO Thomas Ronald Palmer sold 1,250 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $36.44, for a total value of $45,550.00. Following the completion of the transaction, the chief operating officer now directly owns 86,862 shares in the company, valued at $3,165,251.28. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP E Randall Engel sold 5,700 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $36.44, for a total transaction of $207,708.00. Following the completion of the transaction, the executive vice president now owns 122,178 shares of the company’s stock, valued at $4,452,166.32. The disclosure for this sale can be found here. Insiders have sold 27,700 shares of company stock valued at $1,020,676 over the last 90 days. 0.32% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently bought and sold shares of the business. Suntrust Banks Inc. lifted its holdings in shares of Newmont Mining by 0.5% in the second quarter. Suntrust Banks Inc. now owns 65,794 shares of the basic materials company’s stock worth $2,130,000 after buying an additional 331 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Newmont Mining by 0.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 50,318 shares of the basic materials company’s stock worth $1,630,000 after buying an additional 353 shares in the last quarter. Veritable L.P. lifted its holdings in shares of Newmont Mining by 4.6% in the second quarter. Veritable L.P. now owns 8,473 shares of the basic materials company’s stock worth $274,000 after buying an additional 370 shares in the last quarter. Afam Capital Inc. lifted its holdings in shares of Newmont Mining by 0.6% in the second quarter. Afam Capital Inc. now owns 71,692 shares of the basic materials company’s stock worth $2,322,000 after buying an additional 419 shares in the last quarter. Finally, Sentry Investment Management LLC lifted its holdings in shares of Newmont Mining by 1.0% in the second quarter. Sentry Investment Management LLC now owns 41,329 shares of the basic materials company’s stock worth $1,339,000 after buying an additional 428 shares in the last quarter. Institutional investors and hedge funds own 81.86% of the company’s stock.

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Newmont Mining Company Profile

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.

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