Newmont Corporation is the world's largest gold mining company based in Colorado, United States. Apart from gold, Newmont mines copper, silver, zinc and lead. Learn the latest information and analysis on the company, NEM stock price today, stock news, how much one share costs and other information to help you make investment decisions.
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Newmont is the only gold mining company included in the S&P 500, although Freeport, one other mining company in the S&P, also mines gold. The company is able to generate sufficient cash flow to invest in its growth, maintain its financial strength and pay some of the best dividends in the sector at 2.68% yield.
The Newmont stock price went up 30% in Q1 2022 and reached its all-time high closing price of $82.78 on April 1. The company will report Q1 2022 operations and financial results, which should affect the price. A strong company that is a great addition to a diversified portfolio. It’s best to try and buy at $70 or lower.
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