NEM hits TP And Some MoreNEM blasted through my take profits. I hope you learned something new from this setup. Its one of the most powerful setups in my bag of tricks.
−2.39USD
−2.52 BUSD
11.78 BUSD
1.15 B
About NEWMONT MINING
Sector
Industry
CEO
Thomas Palmer
Website
Headquarters
Denver
Employees (FY)
40.2 K
Founded
1921
FIGI
BBG00DGYS151
Newmont Corp. engages in the exploration and acquisition of gold properties, containing copper, silver, lead, zinc or other metals. It operates through the following geographical segments: North America, South America, and Nevada. The North America segment consists primarily of Carlin, Phoenix, Twin Creeks and Long Canyon in the state of Nevada and Cripple Creek and Victor in the state of Colorado. The South America segment consists of Yanacocha in Peru, Merian in Suriname and Cerro Negro. The company was founded by William Boyce Thompson on May 2, 1921, and is headquartered in Denver, CO.
NEM potential buy setupReasons for bullish bias:
- Price is at near weekly support
- Price is at channel support
- Bullish divergence
- Positive earnings results
Entry Level(CMP): 29.80
Stop Loss Level: 28.72
Take Profit Level 1: 33.11
Take Profit Level 2: Open
NEM to go down
Gold has been doing well. Newmont Mining (NEM) being one of the gold miners has seen a decent rally too.
NEM is overbought on the daily with a RSI over 70.
As we can see, we approached a diagonal downsloping trend line. There has been multiple hits on this trend line.
I expect NEM to pullback
Risking Risk On NEM TradeIn this video, I describe my trade idea, how I executed it, and recap the move it is making towards my target. I also briefly explain how I am reducing risk.
Buying at 23-23.5One more Leg down to reach a strong support. Perhaps it never comes, and I never buy.
But I will be ready to buy when it comes!
Newmont's Ghana Gold Mine Sale Sparks FrenzyNewmont Corporation (NYSE: NYSE:NEM ) has set the stage for a lucrative deal with the initiation of the sale of its Akyem gold mine in Ghana, attracting significant interest from Chinese mining giants amidst the backdrop of soaring gold prices.
Strategic Move Amidst Gold Boom:
With gold prices rea
Hit previous ALL time LOW - Range or UPGold Company with good earnings and good Div
I like the idea of a Range to a breakout to all time high
Newmont Corp hits multi-year lowsThere was a surge in bullish sentiment following the release of NVIDIA’s stunning results. The rally across stocks was broad-based, making it difficult to find anything that failed to post hefty gains yesterday. Well I’ve found one. Newmont Mining Corp, the world’s biggest gold miner, didn’t just fa
Box on $NEMA new exciting box is going on on the hourly chart together with a test of our emas and positive price action in case of breakout
See all ideas
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Frequently Asked Questions
The current price of NEM.USD is 39.27 USD — it hasn't changed in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on SIX exchange NEWMONT MINING stocks are traded under the ticker NEM.USD.
NEWMONT MINING is going to release the next earnings report on Apr 25, 2024. Keep track of upcoming events with our Earnings Calendar.
NEM.USD stock is 0% volatile and has beta coefficient of 0.37. Check out the list of the most volatile stocks — is NEWMONT MINING there?
NEM.USD earnings for the last quarter are 0.36 USD per share, whereas the estimation was 0.40 USD resulting in a −9.50% surprise. The estimated earnings for the next quarter are 0.44 USD per share. See more details about NEWMONT MINING earnings.
NEWMONT MINING revenue for the last quarter amounts to 2.49 B USD despite the estimated figure of 2.82 B USD. In the next quarter revenue is expected to reach 3.44 B USD.
Yes, you can track NEWMONT MINING financials in yearly and quarterly reports right on TradingView.
NEM.USD net income for the last quarter is −3.15 B USD, while the quarter before that showed 158.00 M USD of net income which accounts for −2.09 K% change. Track more NEWMONT MINING financial stats to get the full picture.
Today NEWMONT MINING has the market capitalization of 43.47 B, it has increased by 1.30% over the last week.
Yes, NEM.USD dividends are paid quarterly. The last dividend per share was 0.25 USD. As of today, Dividend Yield (TTM)% is 3.85%. Tracking NEWMONT MINING dividends might help you take more informed decisions.
Like other stocks, NEM.USD shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade NEWMONT MINING stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 24, 2024, the company has 40.20 K employees. See our rating of the largest employees — is NEWMONT MINING on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So NEWMONT MINING technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating NEWMONT MINING stock shows the buy signal. See more of NEWMONT MINING technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on NEWMONT MINING future price: according to them, NEM.USD price has a max estimate of 55.00 USD and a min estimate of 38.29 USD. Read a more detailed NEWMONT MINING forecast: see what analysts think of NEWMONT MINING and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. NEWMONT MINING EBITDA is 4.29 B USD, and current EBITDA margin is 36.44%. See more stats in NEWMONT MINING financial statements.