Newmont Mining Corp (NYSE:NEM) insider Gary J. Goldberg sold 1,000 shares of the company’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $40.23, for a total transaction of $40,230.00. Following the completion of the sale, the insider now owns 156,096 shares in the company, valued at approximately $6,279,742.08. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Newmont Mining Corp (NEM) traded down $1.17 during trading hours on Monday, reaching $37.80. 8,423,285 shares of the company’s stock traded hands, compared to its average volume of 4,330,000. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.58 and a current ratio of 4.18. The stock has a market cap of $20,160.00, a price-to-earnings ratio of 54.00 and a beta of 0.24. Newmont Mining Corp has a 52-week low of $31.42 and a 52-week high of $42.04.
A number of large investors have recently bought and sold shares of the business. Exane Derivatives bought a new position in shares of Newmont Mining during the 4th quarter valued at approximately $208,000. Parametrica Management Ltd bought a new position in shares of Newmont Mining during the 3rd quarter valued at approximately $222,000. Tower Bridge Advisors bought a new position in shares of Newmont Mining during the 4th quarter valued at approximately $242,000. Meeder Asset Management Inc. bought a new position in shares of Newmont Mining during the 4th quarter valued at approximately $250,000. Finally, Timber Hill LLC bought a new position in shares of Newmont Mining during the 3rd quarter valued at approximately $260,000. Hedge funds and other institutional investors own 81.97% of the company’s stock.
Newmont Mining Company Profile
Newmont Mining Corporation is a mining company, which is focused on the production of and exploration for gold and copper. The Company is primarily a gold producer with operations and/or assets in the United States, Australia, Peru, Ghana and Suriname. The Company’s segments include North America, South America, Asia Pacific and Africa.
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