Published: Fri, April 21, 2017
Economy | By Annette Adams

Securities Analyst Recommendations: Newmont Mining Corporation (NEM), Finisar Corporation (FNSR)


4,500 Newmont Mining Corp (NYSE:NEM) shares with value of $151,830 were sold by Lawson Scott P. On Monday, April 3 the insider Goldberg Gary J sold $33,050. Insiders own 0.20% of the company shares.

In the liquidity ratio analysis; quick ratio for most recent quarter was 2.30 while current ratio for time period was 2.70. Nationwide Fund Advsrs stated it has 0.09% in Newmont Mining Corp (NYSE:NEM). Looking at this figure it suggests that the shares of Xerox Corporation (XRX) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Xerox Corporation (XRX) is a good investment, however if the market is weaker then it could suggest that the shares are undervalued. DnB Asset Management AS boosted its position in Newmont Mining Corp by 8.5% in the third quarter. Westport Asset Management Inc. bought a new stake in Newmont Mining Corp during the fourth quarter valued at $188,000. The short ratio in the company's stock is documented at 1.28 and the short float is around of 1.49%. The stock of Newmont Mining Corp (NYSE:NEM) earned "Hold" rating by HSBC on Monday, October 26. 367.62 million shares or 0.42% more from 366.10 million shares in 2016Q3 were reported.

Newmont Mining Corporation has a 50 day moving average of 33.70 and a 200 day moving average of 34.53. The 52-week range of the share price is from $28.25 - $46.07.

Currently, the market capitalization of Xerox Corporation (XRX) is 7.06 Billion.

Newmont Mining Corporation (NEM) failed to surprise the stock market in its last reported earnings when it earned $0.25 a piece versus the consensus-estimated $0.33. The basic materials company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.31 by $0.06. The firm had revenue of $1.79 billion for the quarter, compared to analysts' expectations of $1.84 billion. Newmont Mining Corp had a positive return on equity of 4.94% and a negative net margin of 6.99%. The firm's quarterly revenue was up 23.2% compared to the same quarter past year. During the same quarter in the previous year, the firm earned $0.04 earnings per share. After having $0.33 EPS previously, Newmont Mining Corp's analysts see -33.33% EPS growth.

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 22nd. Blackrock Institutional Na invested in 0% or 265,686 shares.

Newmont Mining Corporation (NEM) has an annual dividend of $0.2, while its annual dividend yield is 0.58%. The ex-dividend date of this dividend was Tuesday, March 7th. Newmont Mining Corporation (NYSE:NEM)for the trailing twelve months paying dividend with the payout ratio of 0.00% to its shareholders.

TRADEMARK VIOLATION WARNING: This piece was posted by Markets Daily and is the property of of Markets Daily. Finally, Private Capital Advisors Inc. bought a new stake in Newmont Mining Corp during the first quarter valued at $202,000. If you are reading this news story on another publication, it was illegally copied and reposted in violation of US and global copyright and trademark law.

03/16/2017 - Newmont Mining Corporation was downgraded to "sector perform" by analysts at RBC Capital. Analysts mean Recommendation on a stock is scored at 2.40. Standpoint Research raised shares of Newmont Mining Corp from a "hold" rating to a "buy" rating and set a $42.00 price target on the stock in a research note on Thursday, December 29th. Zacks Investment Research lowered shares of Newmont Mining Corp from a "hold" rating to a "strong sell" rating in a research report on Tuesday, January 10th. FBR & Co reaffirmed a "hold" rating on shares of Newmont Mining Corp in a research report on Thursday, February 23rd. The recommendation scale measures the value from 1 to 5, where 1 means "Strong Buy" and 5 stands for "Sell". On average, analysts anticipate that Newmont Mining Corp will post $1.03 EPS for the current year. At present, 1 analysts recommended Holding these shares while 0 recommended sell, according to FactSet data. Following the transaction, the executive vice president now owns 91,462 shares in the company, valued at approximately $3,320,985.22. The disclosure for this sale can be found here. The company has dropped -22.14% in past 3 months and in the last five trades has moved down -0.93%.

Since November 2, 2016, it had 0 buys, and 13 insider sales for $2.36 million activity.

Newmont Mining Corporation is a global mining company, which is focused on the production of and exploration for gold and copper. The company primarily acquires, develops, explores for, and produces gold. The Company's segments include North America, South America, Asia Pacific and Africa.

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