News coverage about Newmont Mining (NYSE:NEM) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Newmont Mining earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave news stories about the basic materials company an impact score of 46.1396363919914 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the media headlines that may have impacted Accern Sentiment’s analysis:

Several analysts recently commented on the stock. BMO Capital Markets restated a “buy” rating and set a $43.00 price target on shares of Newmont Mining in a report on Wednesday, December 20th. Royal Bank of Canada restated a “hold” rating and set a $43.00 price target on shares of Newmont Mining in a report on Tuesday, December 5th. Zacks Investment Research upgraded shares of Newmont Mining from a “hold” rating to a “strong-buy” rating and set a $43.00 price target for the company in a report on Tuesday, December 5th. TheStreet cut shares of Newmont Mining from a “b-” rating to a “c” rating in a report on Friday, November 17th. Finally, B. Riley restated a “neutral” rating on shares of Newmont Mining in a report on Wednesday, November 1st. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $42.64.

Newmont Mining (NYSE NEM) traded up $0.95 during midday trading on Friday, reaching $39.79. 5,067,803 shares of the company’s stock were exchanged, compared to its average volume of 4,850,000. The company has a debt-to-equity ratio of 0.33, a current ratio of 4.18 and a quick ratio of 3.58. The firm has a market capitalization of $21,220.00, a PE ratio of 56.84 and a beta of 0.10. Newmont Mining has a 1 year low of $31.42 and a 1 year high of $39.84.

Newmont Mining (NYSE:NEM) last posted its earnings results on Thursday, October 26th. The basic materials company reported $0.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.02. The firm had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.86 billion. Newmont Mining had a net margin of 1.18% and a return on equity of 6.20%. The company’s revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.38 earnings per share. analysts expect that Newmont Mining will post 1.44 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Friday, December 8th were paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend was Thursday, December 7th. Newmont Mining’s dividend payout ratio (DPR) is presently 42.86%.

In other news, COO Thomas Ronald Palmer sold 1,250 shares of Newmont Mining stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $37.89, for a total value of $47,362.50. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Gary J. Goldberg sold 1,000 shares of Newmont Mining stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $37.89, for a total transaction of $37,890.00. Following the completion of the transaction, the insider now directly owns 156,096 shares in the company, valued at approximately $5,914,477.44. The disclosure for this sale can be found here. Insiders sold 27,700 shares of company stock valued at $1,020,676 over the last quarter. Corporate insiders own 0.32% of the company’s stock.

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Newmont Mining Company Profile

Newmont Mining Corporation is a mining company, which is focused on the production of and exploration for gold and copper. The Company is primarily a gold producer with operations and/or assets in the United States, Australia, Peru, Ghana and Suriname. The Company’s segments include North America, South America, Asia Pacific and Africa.

Insider Buying and Selling by Quarter for Newmont Mining (NYSE:NEM)

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