Newmont

Open: 39.69 Close: 40.19 Change: 0.5

Our AI found unexpected things about Newmont Company Inc Stock.

This document will help you to evaluate Newmont without reading an infinite amount of sources. Relying only on stock quotes or prices to make investment decisions is a mistake. Analyzing and observing stock charts, highs and lows and other numerical data does not allow to evaluate the real value of a company. Stock quotes and prices are the result of underlying characteristics of a company and of events and news happening around them. For this reason, investing must be based on information, not numbers. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Newmont are: Newmont, gold, earnings, share, Mining, large, Australia, and the …

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Semantic Network

Stock Summary

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company was founded in 1916 and is headquartered in Denver, Colorado..

Today's Summary

Newmont (NEM) Newmont is the worlds largest gold miner, with a broad portfolio of assets located in the Americas and Australia. Newmont reported earnings per share of $0.33 for the quarter, a decline due to a decrease in revenue of approximately 12.3%.

Today's News

Newmont (NEM) Newmont is the worlds largest gold miner, with a broad portfolio of assets located in the Americas and Australia. Newmont shares are forecast to RISE/FALL based on technical indicators. Analysts estimate an earnings increase this quarter of $0.39 per share. Australian Mining Newmont-Newcrest deal makes billions for Australia. Mining sector contributed significantly to the countrys M&A (mergers and acquisitions) value through the Newmont acquisition of Newcrest. Australias soon-to-be top two gold miners say theyre not interested in buying two operations predicted to be put up for sale by Newmont Corp. after its $19 billion acquisition of Newcrest Mining Ltd. Northern Star Resources Ltd. wont bid for those mines and will instead focus on expansion of existing operations. Newmont (NYSE: NEM) (TSX: NGT) announced today that its Q2 2023 attributable gold production decreased 17% y-o-y to 1.24 million ounces. Newmont is the worlds largest gold producer. Newmont reported earnings per share of $0.33 for the quarter, a decline due to a decrease in revenue of approximately 12.3% compared to last years corresponding quarter. Hedge funds and institutional investors own 77.82% of Newmont stock—highlighting the confidence major players have in the company. With a market capitalization of $32.48 billion, Newmont is a significant player in the basic materials sector. Newmont boasts robust financial indicators such as a current ratio of 2.28. Australias Newcrest Mining Ltd posted a near 11% fall in annual profit on Friday, hurt by lower realised prices for copper and a rise in operating and finance costs. Newmont is a leading global gold producer with critical assets in Nevada, Peru, Australia. Newmont ( NYSE:NEM – Get Free Report ) last announced its quarterly earnings results on Thursday, July 20th. Newmont had a positive return on equity of 5.74% and a negative net margin of 6.77% Analysts forecast that Newmont Co. Co. will announce a quarterly dividend on September 21st. Newmont Corp. missed analysts expectations during the last earnings period by -15.38%. Newmont Corporation missed analysts’s earnings of $ 0.33 per share on Jul 20, 2023, while the forecasted EPS was $”0.39. Newmont Corp. latest kotoko news: big sponsorship for kotoko, newmont ghana set to inject huge money - youtube.com: Big sponsorship for newmont. Latest news - latest newmont news. Newmont is one of the largest gold companies in the world. Founded in 1921 and publicly traded since 1925.

Stock Profile

"Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2022, it had proven and probable gold reserves of 96.1 million ounces and land position of 61,500 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado."

Keywords

How much time have you spent trying to decide whether investing in Newmont? Many investors start with the dream of being free. They expect to find on the stock market an option to have time to develop their own interests and hobbies. That is, a way to escape a 9 to 5 job. However, investment is complex and investors end up spending whole days (and nights) trying to figure out which the right stock to invest is. The dream of stock investing becomes the nightmare of facing infinity amounts of information. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Newmont are: Newmont, gold, earnings, share, Mining, large, Australia, and the most common words in the summary are: newmont, stock, corporation, market, gold, price, comment, . One of the sentences in the summary was: Newmont (NEM) Newmont is the worlds largest gold miner, with a broad portfolio of assets located in the Americas and Australia. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #newmont #stock #corporation #market #gold #price #comment.