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Newmont stocks up 3.86%

NEWMONTOne of the S&P 500’s big winners for Friday May 06 was Newmont Mining Corp (Holding Co) (NEM) as the company’s stock climbed 3.86% to $34.13 on volume of 7.14 million shares.


The stock opened at $33.27 and saw an intraday low of $33.27 and an intraday high of $34.62. All told, the day saw a per-share gain of $1.27. The stock’s average daily volume of 9.65 million and 530.53 million shares outstanding. Newmont Mining Corp (Holding Co) now has a 50-day SMA is $28.52 and 200-day SMA is $20.94, and it has a 52-week high of $35.20 and a 52-week low of $15.39.

Newmont Mining Corp is engaged in the production of and exploration for gold and copper. It is also engaged in the production of copper, mainly through its Batu Hijau operation in Indonesia and Boddington operation in Australia.

Based out of Greenwood Village, CO, Newmont Mining Corp (Holding Co) has 15,600 employees and, after today’s trading, reached a market cap of $18.11 billion. The stock’s P/E Ratio is 202.2. Its P/S ratio is 2.24, P/B ratio is 1.6, and P/FCF ratio is -43.6.

For a complete fundamental analysis analysis of Newmont Mining Corp (Holding Co), check out Equities.com’s Stock Valuation Analysis report for NEM. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The S&P 500 represents the industry standard for large-cap indices. While the Dow Jones Industrial Average (DJIA) may be the most visible stock market index in the country, the S&P 500 has long been relied on by industry insiders and fund managers as the more reliable gauge of portfolio performance.

While the DJIA is price-weighted and only includes 30 stocks, the S&P 500 uses a weighting system that factors in market cap and the size of a company’s free float while including some 500 stocks for a more comprehensive look at the broader markets’ performance. Its performance is far more representative of the large- and mega-cap stocks for any period of time.

Source: http://classfmonline.com/1.9060999

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Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
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