Newmont Corp.
New York symbol NEM, is one of the largest gold producers in the world with major operations in the United States, Canada, Peru, Australia, Indonesia and Ghana.
NEWMONT MINING $38.24 (New York symbol NEM; Shares outstanding: 530.6 million; Market cap: $20.5 billion; TSINetwork Rating: Average; Dividend yield: 0.3%; www.newmont.com) has moved down from $46 a share in mid-August along with gold prices.
Gold will likely remain volatile....
Gold will likely remain volatile....
In 2011, gold shot up to a high of $1,950 U.S. an ounce, and silver reached a peak of $48.48.
Gold prices then fell steadily, dropping to $1,050 in December 2015 for the first time since early 2010. That month, silver also declined to a five-year low of $13.65 an ounce....
Gold prices then fell steadily, dropping to $1,050 in December 2015 for the first time since early 2010. That month, silver also declined to a five-year low of $13.65 an ounce....
NEWMONT MINING $45.02 (New York symbol NEM; Shares o/s: 530.5 million; Market cap: $24.3 billion; TSINetwork Rating: Average; Divd. yield: 0.2%; www.newmont.com) has sold its 48.5% stake in the Batu Hijau gold and copper mine in Indonesia. The buyer is a local firm....
ISHARES S&P/TSX GLOBAL GOLD INDEX FUND $17.39 (Toronto symbol XGD; buy or sell through brokers; ca.ishares.com) aims to mirror the performance of the S&P/TSX Global Gold Index, which is made up of 35 gold stocks from Canada and around the world. The ETF began trading on March 23, 2001....
Newmont Mining Corp. is positioned to capitalize on higher gold prices with its purchase of key mining sites and its move to cut costs.
NEWMONT MINING $37.69 (New York symbol NEM; Shares outstanding: 530.5 million; Market cap: $20.0 billion; TSINetwork Rating: Average; Dividend yield: 0.3%; www.newmont.com) is one of the world’s largest gold and copper producers, with major mines in the U.S., Peru, Suriname, Australia, Ghana and Indonesia....
NEWMONT MINING $37.69 (New York symbol NEM; Shares outstanding: 530.5 million; Market cap: $20.0 billion; TSINetwork Rating: Average; Dividend yield: 0.3%; www.newmont.com) is one of the world’s largest gold and copper producers, with major mines in the U.S., Peru, Suriname, Australia, Ghana and Indonesia....
NEWMONT MINING CORP. $36 (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 530.5 million; Market cap: $19.1 billion; Price-to-sales ratio: 2.4; Dividend yield: 0.3%; TSINetwork Rating: Average; www.newmont.com) is one of the world’s largest gold and copper producers, with major mines in the U.S., Peru, Suriname, Australia, Ghana and Indonesia.
Gold peaked at just over $1,900 an ounce in 2011, but fell to around $1,050 in 2015....
Gold peaked at just over $1,900 an ounce in 2011, but fell to around $1,050 in 2015....
In response to lower prices for oil, minerals and other commodities, these three industry leaders have aggressively cut their operating costs. They’re also unloading less-important properties.
These actions have put the companies in a strong position to spur their long-term earnings when commodity prices recover....
These actions have put the companies in a strong position to spur their long-term earnings when commodity prices recover....
The price of gold shot up from a low of $1,050 U.S. per ounce last December, to a recent high above $1,300. A rise like that attracts investors, who may believe further gains lie ahead. They are more likely to buy if newsworthy investors think gold is a buy.
One current gold enthusiast is celebrity investor George Soros....
One current gold enthusiast is celebrity investor George Soros....