Published: Thu, February 15, 2018
Finance | By Loren Pratt

Analysts Showing Optimistic Trends For Newmont Mining Corporation (NEM)


The stock of Newmont Mining Corporation (NYSE:NEM) has "Buy" rating given on Monday, December 18 by BMO Capital Markets. Becker Capital Management Inc who had been investing in Newmont Mining Corp for a number of months, seems to be bullish on the $20.96B market cap company. $37,350 worth of stock was sold by Goldberg Gary J on Monday, October 2. The stock traded on impressive volume of 6.26 Million comparing to the average volume of 5104.00 shares, completing picture of exact trends with uncompleted dots in volume over the norm. $229,311 worth of Newmont Mining Corporation (NYSE:NEM) was sold by Engel E Randall on Thursday, February 1.

Sessa Capital Im Lp decreased its stake in Gnc Hldgs Inc (GNC) by 68.75% based on its latest 2017Q3 regulatory filing with the SEC.

In other Newmont Mining news, COO Thomas Ronald Palmer sold 1,250 shares of the firm's stock in a transaction on Friday, December 1st. Following the transaction, the insider now directly owns 334,730 shares of the company's stock, valued at approximately $12,378,315.40. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. The stock decreased 15.17% or $0.75 during the last trading session, reaching $4.2. Altisource Asset Management Corporation (AAMC) has risen 495.14% since February 13, 2017 and is uptrending. It has underperformed by 87.39% the S&P500.

Newmont Mining Corporation (NYSE:NEM) gained 0.41% with the closing price of $36.91. Newmont Mining has a 12 month low of $31.42 and a 12 month high of $42.04. The company was maintained on Wednesday, April 26 by Scotia Capital. On Monday, January 4 the stock rating was maintained by Stifel Nicolaus with "Buy". Two investment 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 stock. The firm has "Neutral" rating by Citigroup given on Tuesday, December 1.


QEP has popped up as the topic of reports for several analysts. FBR Capital has "Mkt Perform" rating and $39 target. BMO Capital Markets maintained the stock with "Buy" rating in Sunday, October 1 report.

The graph below outlines the implication of a 1% change in the average realized price for gold on the company's stock price, assuming that shipment volume for the upcoming year stays constant. Dorward-King Elaine J had sold 10,250 shares worth $392,268. The insider Lawson Scott P sold $189,250. Quantbot Tech Lp reported 2,475 shares. Less than halfway through February, the market has already matched the number of 1% moves seen over all of 2017. Its up 0.47, from 0.93 in 2017Q2. It increased, as 35 investors sold NEM shares while 147 reduced holdings. 44 funds opened positions while 54 raised stakes. Its up 16.25% from 1.25 million shares, reported previously. Dekabank Deutsche Girozentrale reported 257,629 shares. Amica Pension Fund Board Of Trustees accumulated 0.09% or 19,867 shares. Moreover, Meiji Yasuda Asset has 0.27% invested in Newmont Mining Corporation (NYSE:NEM). Renaissance Technologies holds 0.08% of its portfolio in Newmont Mining Corporation (NYSE:NEM) for 1.92 million shares. Blume Cap Management reported 405 shares stake. Ubs Asset Management Americas holds 2.05M shares or 0.07% of its portfolio. Exxonmobil Investment Management Tx holds 0.09% or 97,376 shares. Saratoga Rech & Inv Mngmt reported 10,177 shares. Westpac Corp holds 0.03% or 34,391 shares.

The SMA20 for the stock is at -16.58 percent, SMA50 stands at -16.17 percent, while SMA200 is 0.74 Percent, according to Finviz reported data. Tower Cap Ltd Liability (Trc) has 0.03% invested in Newmont Mining Corporation (NYSE:NEM) for 9,946 shares. VersaBank (TSE:VB) has 0.00% since February 13, 2017 and is. Therefore 59% are positive. These Revenue projections are a consensus of 3 Analysts. Net profit margin of Hertz Global Holdings, Inc. The firm has "Buy" rating given on Wednesday, July 22 by M Partners. (NYSE:GNC) earned "Overweight" rating by Stephens on Friday, October 30.

Analysts await AMC Entertainment Holdings, Inc. (NYSE:GNC) rating on Monday, November 2. The stock has "Hold" rating by Topeka Capital Markets on Wednesday, January 6. Goldman Sachs has "Buy" rating and $40 target. The rating was initiated by Morgan Stanley with "Equal-Weight" on Tuesday, August 9. Everence Cap Mgmt Inc stated it has 21,097 shares. Also, Coty Inc. (COTY) needs to expand a 11.71% increase it experienced over the past twelve months. They expect $0.21 EPS, up 200.00% or $0.14 from last year's $0.07 per share. NEM's profit would be $192.00 million giving it 27.08 P/E if the $0.36 EPS is correct. After $0.35 actual EPS reported by Newmont Mining Corporation for the previous quarter, Wall Street now forecasts 2.86% EPS growth.

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