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Shares Gaining Ground Over the Last Quarter: Newmont Mining Corporation (NYSE:NEM)

Golden Minerals Company (AUMN) recently recorded 3.56 percent change and now at $0.87 is 596 percent away from its 52-week low and down -25 percent versus its peak.

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Analysts give AKS a mean recommendation of 3.10. The company has a market cap of $21.50B.

Newmont Mining Corporation’s (NEM) stock price showed strong performance of 1.48% in last seven days, switched down -9.78% in last thirty days and it rose 151.42% in last one year. The 1 year EPS growth rate is 0.16. Analysts rating the company a 1 or 2 indicate a Buy recommendation. Newmont Mining Corp.’s revenue for the quarter was up 6.8% on a year-over-year basis. The company’s management has announced Sep 13, 2016 as the ex-dividend date and fixed the record date on Sep 15, 2016.

At present the return on equity (ROE) stands at 0.40% and the debt to equity stands at 0.49. Newmont Mining Corp makes up approx 0.28% of Financial Counselors Inc’s portfolio. These analysts have also projected a Low Estimate of $0.35/share and a High Estimate of $0.69/share.

Investors should note that on Jul 20, 2016, Newmont Mining Corp announced a cash dividend of $0.0250. The Company holds 531.00 million shares outstanding. The PEG ratio is used to determine a stock’s value while taking the company’s earnings growth into account, and is considered to provide a more complete picture than the P/E ratio.

04/26/2016 – Newmont Mining Corporation was upgraded to “outperform” by analysts at RBC Capital. Geode Capital Management LLC now owns 4,926,571 shares of the company’s stock valued at $130,714,000 after buying an additional 309,089 shares during the period. Millennium Management LLC increased its position in shares of Newmont Mining Corp.by 27.7% in the fourth quarter. The Stock now has a Weekly Volatility of 4.20% and Monthly Volatility of 3.20%. The Hedge Fund company now holds 1,626,208 shares of NEM which is valued at $73,455,815.

Newmont Mining Corporation had its “buy” rating reiterated by analysts at Citigroup.

Newmont Mining Corp (NYSE:NEM) shares moved to $40.52 after starting the day at $40.29, on Friday. “0” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “2” brokerage firms. Finally, Sterne Agee CRT reaffirmed a “buy” rating on shares of Newmont Mining Corp.in a research report on Monday, May 16th. The reported earnings topped the analyst’s consensus by $0.14 with the surprise factor of 46.70%. The stock has a consensus analyst price target of $110.75for twelve month. They now have a United States dollars 45 price target on the stock. The shares were sold at an average price of C$41.59, for a total transaction of C$415,900.00. They now have a Dollars 40 price target on the stock.

Shares of AK Steel Holding Corporation (NYSE:AKS) declined -1.14% to $4.35. The disclosure for this sale can be found here.

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Newmont Mining Corporation (NYSE:NEM) said that, it began exploring for gold in Indonesia in the 1980s, the country’s wealth of untapped resources was seen as the Colorado-based miner’s ticket to the big leagues. The Company is primarily a gold producer with operations and/or assets in the United States, Australia, Peru, Indonesia, Ghana and Suriname. The Companys business segments include North America, South America, Asia Pacific and Africa.

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