24 May, 2017
Baring Asset Management invested 0.03% of its portfolio in Newmont Mining Corp (NYSE:NEM). Finally, Private Capital Advisors Inc. acquired a new stake in Newmont Mining Corp during the first quarter worth $202,000. The lower end of the projection is $0.13 per share, while the higher end is $0.22 per share. Now Globalstar, Inc. $2.50 target price is just $0 shy of the official lowest sell-side analyst price target on Wall Street. On average, equities analysts forecast that Newmont Mining Corp will post $1.12 earnings per share for the current year.
Looking forward, the company is expected to report earnings of $0.28 per share for the current quarter. The stock has a Return on Assets of 0 percent, Return on Investment of -4.1 percent and a Return on Equity of 0 percent. The firm's quarterly revenue was up 13.5% on a year-over-year basis. One obvious way to identify high earnings per share growth companies is to find companies that have demonstrated such growth over the past 5 to 10 years.
A number of other analysts also recently issued reports on the stock. Vetr raised Newmont Mining Corp from a "strong sell" rating to a "buy" rating and set a $40.80 price target for the company in a report on Tuesday, February 7th. TD Securities reiterated a "hold" rating and set a $48.50 price target on shares of Newmont Mining Corp in a research report on Tuesday, April 25th. Finally, FBR & Co reaffirmed a "hold" rating on shares of Newmont Mining Corp in a report on Thursday, February 23rd.
Among 12 analysts covering Box Inc (NYSE:BOX), 9 have Buy rating, 0 Sell and 3 Hold. The stock presently has an average rating of "Buy" and a consensus target price of $42.46.
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Newmont Mining Corporation (NYSE:NEM) was up 0.15% at $33.68 on Monday, in a 52-week range of $30.19 to $46.07 and with a consensus analyst target price of $39.28. Newmont Mining Corporation is now trading 1.43% above its 20-day and -5.88% versus the 200-day simple moving averages while 0.41% compared with its 50-day simple moving average. The stock now has a Market Cap of $17.89B. The stock of Newmont Mining Corp (NYSE:NEM) has "Buy" rating given on Friday, April 28 by Credit Suisse.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 22nd. The ex-dividend date is Tuesday, June 6th. Its price/book multiple of 1.67 compared with the 0.94 while its free cash flow yield of 27.98 should be matched with that of its industry's 22.67.
A look at some of the inputs to technical analysis model shows how Newmont Mining Corporation current price compares to its recent moving averages. Also, EVP E Randall Engel sold 2,356 shares of the firm's stock in a transaction on Monday, February 27th. The shares were sold at an average price of $33.05, for a total transaction of $33,050.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The stock was sold at an average price of $36.31, for a total transaction of $72,837.86. Following the completion of the sale, the executive vice president now owns 91,462 shares of the company's stock, valued at $3,320,985.22. The disclosure for this sale can be found here. Over the last quarter, insiders sold 21,257 shares of company stock valued at $734,443. The stock increased 0.31% or $0.32 during the last trading session, reaching $102.19. A 11 analysts rate it as either a buy or a strong buy, while1 believe that investors should either steer clear of Newmont Mining Corporation (NYSE:NEM) or, if they already own its stock, sell it. Tuttle Tactical Management LLC acquired a new stake in Newmont Mining Corp during the third quarter worth $172,000. Assetmark Inc.'s holdings in Newmont Mining Corp were worth $319,000 as of its most recent SEC filing. The Japan-based Tokio Marine Asset Management Limited has invested 0.04% in Newmont Mining Corp (NYSE:NEM). Advisory Services Network LLC purchased a new position in shares of Newmont Mining Corp during the first quarter worth $118,000.
Huber Capital Management Llc holds 2.88% of its portfolio in Virtus Investment Partners Inc for 633,920 shares. Hedge funds and other institutional investors own 82.02% of the company's stock.
Newmont Mining Corporation is a mining company, which is focused on the production of and exploration for gold and copper. The Company, through its controlling interest in CoreSite, L.P., is engaged in the business of ownership, acquisition, construction and operation of data centers across a range of markets in the United States, including the Northern Virginia, New York and San Francisco Bay areas, Chicago, Los Angeles, Boston, Miami and Denver.
