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Blue Chip Growth

Stock Report: Newmont Mining Corp. (NEM) Report Updated: May 20, 2013 | Print This Page

Get more stock ratings by Louis Navellier

Newmont Mining Corp. (NEM)

Rating: Strong Sell Volatility: Moderate
Total Grade: F Industry: Metals & Mining
Competitors: WOR, SUTR, TGD, SIM
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Company Profile

Newmont Mining Corporation, together with its subsidiaries, engages in the acquisition, exploration, and production of gold and copper properties. The company’s assets or operations are located in the United States, Australia, Peru, Indonesia, Ghana, New Zealand, and Mexico. As of December 31, 2011, it had proven and probable gold reserves of approximately 98.8 million ounces and an aggregate land position of approximately 31,500 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.