Last $25.19 USD
Change Today -0.43 / -1.68%
Volume 7.1M
NEM On Other Exchanges
Symbol
Exchange
New York
Xetra
As of 8:04 PM 03/4/15 All times are local (Market data is delayed by at least 15 minutes).

newmont mining corp (NEM) Snapshot

Open
$25.51
Previous Close
$25.62
Day High
$25.71
Day Low
$25.09
52 Week High
08/13/14 - $27.40
52 Week Low
12/16/14 - $17.60
Market Cap
12.6B
Average Volume 10 Days
7.9M
EPS TTM
$1.02
Shares Outstanding
498.9M
EX-Date
03/10/15
P/E TM
24.7x
Dividend
$0.10
Dividend Yield
0.89%
Current Stock Chart for NEWMONT MINING CORP (NEM)

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newmont mining corp (NEM) Details

Newmont Mining Corporation operates in the mining industry. It primarily acquires, develops, explores for, and produces gold, copper, and silver deposits. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and New Zealand. As of December 31, 2014, it had proven and probable gold reserves of 82.2 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

13,700 Employees
Last Reported Date: 02/20/15
Founded in 1916

newmont mining corp (NEM) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.1M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $1.4M
Executive Vice President of Operations & Proj...
Total Annual Compensation: $1.4M
Executive Vice President of Sustainability & ...
Total Annual Compensation: $839.0K
Executive Vice President of Strategic Develop...
Total Annual Compensation: $613.4K
Compensation as of Fiscal Year 2013.

newmont mining corp (NEM) Key Developments

Newmont Mining May Consider Offers For Mines

Newmont Mining Corporation (NYSE:NEM) may consider offers for mines. Chief Executive Officer Gary Goldberg said that Newmont is not actively looking to sell any more mines, although it would consider offers.

Newmont Mining Mulls Acquisitions

Newmont Mining Corporation (NYSE:NEM) will look at acquisition opportunities. Newmont Mining does not rule out acquiring low-cost and long-life mines in safe jurisdictions. Chief Executive Officer Gary Goldberg said: "We're always looking to improve our portfolio. We've got a great organic pipeline but also it doesn't hurt to just look around."

Newmont Mining Corp. Announces Unaudited Consolidated Earnings and Production Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Production Guidance for 2015 and 2017; Provides Capital Expenditure Guidance for the Years 2015 and 2016

Newmont Mining Corp. announced unaudited consolidated earnings and production results for the fourth quarter and year ended December 31, 2014. For the quarter, the company’s sales were $2,017 million compared to $2,188 million a year ago. Income before income and mining tax and other items was $246 million compared to loss before income and mining tax and other items of $2,090 million a year ago. Income from continuing operations was $85 million or $0.08 per basic and diluted share compared to loss from continuing operations of $1,280 million or $2.39 per basic and diluted share a year ago. Net income attributable to the company’s stockholders was $15 million or $0.03 per basic and diluted share compared to net loss attributable to the company’s stockholders of $1,187 million or $2.38 per basic and diluted share a year ago. Net cash provided from operations was $559 million compared to $382 million a year ago. Additions to property, plant and mine development was $344 million compared to $372 million for the same period in 2012. EBITDA was $638 million compared to LBITDA of $1,617 million a year ago. Adjusted EBITDA was $652 million compared to $517 million a year ago. Adjusted net income was $86 million or $0.17 per basic and diluted share compared to $143 million or $0.28 per diluted share a year ago. For the year, the company’s sales were $7,292 million compared to $8,414 million a year ago. Income before income and mining tax and other items was $506 million compared to loss before income and mining tax and other items of $3,606 million a year ago. Income from continuing operations was $369 million or $1.10 per basic and diluted share compared to loss from continuing operations of $2,856 million or $5.21 per basic and diluted share a year ago. Net income attributable to the company’s stockholders was $508 million or $1.02 per basic and diluted share compared to net loss attributable to the company’s stockholders of $2,534 million or $5.09 per basic and diluted share a year ago. Net cash provided from operations was $1,438 million compared to $1,543 million a year ago. Additions to property, plant and mine development was $1,110 million compared to $1,900 million for the same period in 2012. EBITDA was $2,096 million compared to LBITDA of $1,941 million a year ago. Adjusted EBITDA was $2,125 million compared to $2,324 million a year ago. Adjusted net income was $545 million or $1.09 per basic and diluted share compared to $623 million or $1.25 per diluted share a year ago. For the quarter, attributable gold production was 1.26 million ounces compared to 1.45 million ounces in the prior year quarter, due mainly to the impact of divestments; and 4.85 million ounces for the year, compared to 5.07 million ounces in 2013. Attributable copper production was 28,700 tonnes compared to 21,600 tonnes in the prior year quarter. For the year, attributable gold production was 4.84 million ounces compared to 5.06 million ounces in the prior year. Attributable copper production was 86,500 tonnes against 81,400 tonnes in 2013. The company provided production guidance for 2015 and 2017. Attributable gold production is expected to increase steadily from between 4.6 million ounces and 4.9 million ounces in 2015 to between 4.7 million ounces and 5.1 million ounces by 2017. Attributable copper production is expected to be between 130,000 tonnes and 160,000 tonnes in 2015 and level out to between 115,000 tonnes and 135,000 tonnes in 2016 and 2017. The company expects capital expenditures of about $350 million for 2015 and $150 million for 2016.

 

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NEM

Industry Average

Valuation NEM Industry Range
Price/Earnings 23.3x
Price/Sales 1.8x
Price/Book 1.2x
Price/Cash Flow 8.0x
TEV/Sales 0.1x
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