Newmont Mining Corp. (Holding Co.) (NEM) is Trading Higher on Unusual Volume for February 08

Equities Staff |

Newmont Mining Corp. (Holding Co.) (NEM) experienced unusually high volume on Feb. 08, as the stock gained 3.56% to a closing price of $25.28. The stock saw 15.02 million shares trade hands over the course of the day on 103,452 trades. Given that the stock’s average daily volume over the last month has been 8.88 million shares a day, this represents a pretty substantial spike over the norm.

Newmont Mining Corp. (Holding Co.) has a P/B ratio of 1.16. It also has a P/E ratio of 25.4. The stock has traded between $27.90 and $15.39 over the last 52-weeks, its 50-day SMA is now $18.60, and its 200-day SMA $19.99.

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.

Headquartered in Greenwood Village, CO, Newmont Mining Corp. (Holding Co.) has 13,700 employees and is currently under the leadership of CEO Gary J. Goldberg.

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


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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