Newmont Mining Corp. (Holding Co.) (NEM) Pops 3.97% for February 11

Equities Staff |

One of the S&P 500’s big winners for Thursday February 11 was Newmont Mining Corp. (Holding Co.) (NEM) as the company’s stock climbed 3.97% to $25.28 on volume of 16.1 million shares.

The stock opened at $26.00 and saw an intraday low of $24.82 and an intraday high of $26.10. All told, the day saw a per-share gain of $0.965. The stock’s average daily volume of 8.7 million and 529.12 million shares outstanding. Newmont Mining Corp. (Holding Co.) now has a 50-day SMA is $19.01 and 200-day SMA is $19.99, and it has a 52-week high of $27.90 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 13,700 employees and, after today’s trading, reached a market cap of $13.37 billion. Its P/S ratio is n/a, P/B ratio is 1.16, and P/FCF ratio is 178.7.

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.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

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 equities.com. 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: http://www.equities.com/disclaimer

Comments

Emerging Growth

Enertopia Corp

Enertopia Corp is engaged in the exploration of lithium in Nevada, USA. The Company's project includes Central Nevada Lithium Brine Projects.

Private Markets

Dropbox, Inc.

Dropbox is a service that allows their users to bring all photos, docs, and videos anywhere, and share them easily. Any file saved to Dropbox will automatically save to all…

Spotify

Spotify is a online music service offering providing digital content from a range of record labels and artists. Users can browse through the interface by artist, album, genre, playlist, record…