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NEM

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1d
1w
1m

Analysis and statistics

  • Open
    109.0337$
  • Previous Close
    107.5476$
  • 52 Week Change
    50.09$
  • Day Range
    1.49$
  • 52 Week High/Low
    58.3028$ - 108.39$
  • Dividend Per Share
    0.0093
  • Market cap
    118 413 M$
  • EPS
    2.16
  • Beta
    0.318
  • Volume
    --

About

NEM.AU represents the stock of Newmont Corporation listed on the Australian Securities Exchange (ASX). Newmont is one of the world's largest gold mining companies, with operations and projects in several countries, including Australia, the United States, Canada, Ghana, Peru, and Suriname. The company focuses on the production of gold, along with by-products such as copper, silver, lead, and zinc. Investors can trade shares of Newmont on the ASX under the ticker symbol NEM.AU, allowing them to participate in the financial performance of this global gold producer within the Australian stock market.

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Factors

Gold Price: NEM.AU, Newmont Corporation's Australian Stock Exchange ticker, is heavily influenced by gold prices. Higher gold prices generally increase profitability and stock value.

Production Costs: Newmont's operational efficiency and the costs associated with gold extraction and processing affect its earnings, directly impacting the stock price.

Australian Economy: Australia's economic health, including interest rates and inflation, can impact Newmont's costs and investment attractiveness.

Geopolitical Risks: Global political instability and specific risks in regions where Newmont operates can introduce uncertainty and affect investor sentiment.

Company Performance: Newmont's gold production volume, reserves, and exploration success play significant roles in determining investor confidence and stock valuation.

Market Sentiment: Overall market conditions, including investor risk appetite and broader trends in the mining sector, can sway the stock price of NEM.AU.

Currency Fluctuations: Exchange rates, particularly the AUD/USD rate, impact Newmont's revenue when gold is priced in US dollars and costs are in Australian dollars.

Regulatory Environment: Changes in mining regulations, environmental policies, and taxation in Australia can affect Newmont's operational costs and profitability.

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