Newmont Corporation traded at 150.66 this Monday May 18th, decreasing 6.79 or 4.31 percent since the previous trading session. Looking back, over the last four weeks, Newmont Corporation lost 5.65 percent. Over the last 12 months, its price rose by 89.77 percent. Looking ahead, we forecast Newmont Corporation to be priced at 154.28 by the end of this quarter and at 145.16 in one year, according to Trading Economics global macro models projections and analysts expectations.
Newmont Corporation is a gold company and producer of copper, zinc, lead, and silver. Its portfolio of assets and prospects is anchored in mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Its African operation is Ahafo. Its Australian operations include Boddington, Cadia, and Tanami. Its Latin America and Caribbean (LATAC) operations include Cerro Negro, Merian, Penasquito, Pueblo Viejo JV and Yanacocha. Its North American projects include Brucejack, Cripple Creek & Victor, Eleonore, Musselwhite, Nevada Gold Mines JV, Porcupine and Red Chris. Its Papua New Guinea projects include Lihir. Its Ahafo mine is in the Ahafo region, approximately 290 kilometers (km) northwest of Accra, the national capital city. The Boddington mine operates within the Saddleback greenstone belt in Western Australia. Boddington is located 16 km from the rural farming town of Boddington and 130 km from Western Australia’s capital city, Perth.