Newmont Mining Corporation (NEM) Earns Daily Media Sentiment Score of 0.15

Media headlines about Newmont Mining Corporation (NYSE:NEM) have trended somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Newmont Mining Corporation earned a news impact score of 0.15 on Accern’s scale. Accern also assigned press coverage about the basic materials company an impact score of 45.5734996330129 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

Shares of Newmont Mining Corporation (NEM) traded up $0.19 during mid-day trading on Tuesday, hitting $35.71. The stock had a trading volume of 4,428,400 shares, compared to its average volume of 5,482,654. The company has a market cap of $19,050.00, a price-to-earnings ratio of 25.55 and a beta of 0.11. Newmont Mining Corporation has a 12-month low of $30.19 and a 12-month high of $39.63. 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 Corporation (NYSE:NEM) last issued its quarterly earnings data on Thursday, October 26th. The basic materials company reported $0.35 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.02. The firm had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.86 billion. Newmont Mining Corporation had a return on equity of 6.20% and a net margin of 1.18%. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period last year, the company earned $0.38 EPS. research analysts forecast that Newmont Mining Corporation will post 1.44 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Friday, December 8th will be given a $0.075 dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.84%. Newmont Mining Corporation’s dividend payout ratio is currently 42.86%.

A number of equities analysts recently weighed in on the company. B. Riley reissued a “neutral” rating on shares of Newmont Mining Corporation in a report on Wednesday, November 1st. Zacks Investment Research cut Newmont Mining Corporation from a “buy” rating to a “hold” rating in a report on Tuesday. BidaskClub raised Newmont Mining Corporation from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Royal Bank Of Canada reissued a “hold” rating and set a $40.00 price objective on shares of Newmont Mining Corporation in a report on Tuesday, July 18th. Finally, TD Securities raised their price objective on Newmont Mining Corporation from $36.00 to $50.00 and gave the company a “hold” rating in a report on Wednesday, July 26th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $40.50.

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In other news, EVP Elaine J. Dorward-King sold 10,250 shares of the firm’s stock in a transaction that occurred on Wednesday, September 20th. The stock was sold at an average price of $38.27, for a total value of $392,267.50. Following the completion of the transaction, the executive vice president now owns 82,114 shares in the company, valued at approximately $3,142,502.78. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Gary J. Goldberg sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $38.60, for a total value of $38,600.00. Following the completion of the transaction, the insider now owns 334,730 shares of the company’s stock, valued at approximately $12,920,578. The disclosure for this sale can be found here. Over the last quarter, insiders sold 27,700 shares of company stock worth $1,042,103. Corporate insiders own 0.32% of the company’s stock.

Newmont Mining Corporation 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.

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

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