Shilanski & Associates Inc. Invests $2.33 Million in Newmont Corporation $NEM

Shilanski & Associates Inc. acquired a new stake in Newmont Corporation (NYSE:NEM) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 27,609 shares of the basic materials company’s stock, valued at approximately $2,328,000.

Several other large investors have also added to or reduced their stakes in NEM. Brighton Jones LLC boosted its holdings in shares of Newmont by 15.7% during the 4th quarter. Brighton Jones LLC now owns 13,606 shares of the basic materials company’s stock worth $506,000 after buying an additional 1,847 shares in the last quarter. Ieq Capital LLC boosted its stake in Newmont by 30.4% during the first quarter. Ieq Capital LLC now owns 8,410 shares of the basic materials company’s stock worth $406,000 after acquiring an additional 1,960 shares in the last quarter. Vident Advisory LLC grew its holdings in Newmont by 7.6% in the first quarter. Vident Advisory LLC now owns 47,907 shares of the basic materials company’s stock worth $2,313,000 after purchasing an additional 3,387 shares during the period. Graham Capital Management L.P. bought a new stake in Newmont in the first quarter valued at $825,000. Finally, Focus Partners Advisor Solutions LLC raised its holdings in shares of Newmont by 22.2% during the first quarter. Focus Partners Advisor Solutions LLC now owns 12,518 shares of the basic materials company’s stock valued at $604,000 after purchasing an additional 2,270 shares during the period. Institutional investors and hedge funds own 68.85% of the company’s stock.

Newmont Trading Up 2.0%

Shares of Newmont stock opened at $101.80 on Wednesday. The company has a current ratio of 2.04, a quick ratio of 1.74 and a debt-to-equity ratio of 0.17. The stock has a fifty day simple moving average of $90.79 and a 200 day simple moving average of $78.28. Newmont Corporation has a 12-month low of $36.86 and a 12-month high of $106.34. The company has a market capitalization of $111.09 billion, a P/E ratio of 15.81, a price-to-earnings-growth ratio of 0.69 and a beta of 0.41.

Newmont (NYSE:NEM) last posted its earnings results on Thursday, October 23rd. The basic materials company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.44. The firm had revenue of $5.52 billion during the quarter, compared to analyst estimates of $5.14 billion. Newmont had a net margin of 33.42% and a return on equity of 20.35%. The business’s revenue was up 20.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.81 EPS. On average, sell-side analysts anticipate that Newmont Corporation will post 3.45 earnings per share for the current fiscal year.

Newmont Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 22nd. Investors of record on Wednesday, November 26th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, November 26th. Newmont’s dividend payout ratio (DPR) is presently 15.53%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Zacks Research downgraded Newmont from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Argus boosted their price objective on Newmont from $75.00 to $94.00 in a report on Friday, November 21st. Citigroup upped their target price on Newmont from $74.00 to $104.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Jefferies Financial Group reissued a “buy” rating and issued a $120.00 price target on shares of Newmont in a research report on Sunday, December 7th. Finally, Scotiabank upgraded shares of Newmont from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the stock from $71.50 to $114.00 in a report on Thursday, October 23rd. Five analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Newmont presently has a consensus rating of “Buy” and an average target price of $97.08.

Insiders Place Their Bets

In other news, CEO Thomas Ronald Palmer sold 5,000 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $81.34, for a total transaction of $406,700.00. Following the completion of the sale, the chief executive officer directly owned 279,923 shares of the company’s stock, valued at $22,768,936.82. This trade represents a 1.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Bruce R. Brook sold 2,080 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $92.36, for a total transaction of $192,108.80. Following the completion of the transaction, the director directly owned 32,709 shares in the company, valued at $3,021,003.24. This trade represents a 5.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 9,160 shares of company stock worth $767,206 over the last quarter. 0.05% of the stock is currently owned by corporate insiders.

More Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Ahafo North has started commercial production, adding roughly ~5% of low‑cost gold volume to Newmont’s run‑rate; management cost reductions and potential upside from majority control of Nevada Gold Mines should help margins and free cash flow. Newmont: Average On The Cost Curve, But Above Average Upside Potential
• Positive Sentiment: Raymond James raised its price target to $111 (from $99), signaling increased analyst confidence in Newmont’s outlook. Newmont price target raised to $111 from $99 at Raymond James
• Positive Sentiment: Zacks highlights Newmont’s strong six‑month rally (c.82%) driven by higher gold prices, robust cash flow and portfolio focus — momentum that supports investor sentiment. NEM Rallies 82% on Gold Price Upside and Strategic Strength
• Neutral Sentiment: Commodity names are broadly bouncing back after a short‑term safe‑haven unwind and profit‑taking in precious metals; sector momentum remains tied to metal price volatility. 2 Mining Giants Bouncing Back After Safe Haven Selloff
• Neutral Sentiment: Analysts’ views are mixed overall—upside price targets and buy arguments are balanced by notes warning of metals volatility and near‑term headwinds. Analysts Have Mixed Views on Newmont (NEM)
• Negative Sentiment: Newmont shares fell sharply amid this week’s gold and silver pullback (profit‑taking after record/high metals), which pressured miners before the rebound. Newmont Shares Drop 5% As Gold Slides From Record Highs
• Negative Sentiment: Intraday crashes tied to sharp silver/gold reversals prompted acute selling in miners; caution remains until metals stabilize. Why Newmont Corporation Stock Crashed Today
• Negative Sentiment: Market commentary notes silver’s overnight spike then >8% drop as investors locked profits, pulling down leading precious‑metals stocks including Newmont. Stock Market Live December 29: S&P 500 (VOO) Falls to Start Second Holiday Week

Newmont Company Profile

Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.

Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.