Newmont Mining Stock News

Newmont Co. (NYSE:NEM) National Bank Financial dropped their FY2021 earnings per share estimates for Newmont in a note issued to investors on Monday, November 22nd. National Bank Financial analyst M. Parkin now anticipates that the basic materials company will post earnings per share of $2.95 for the year, down from their prior estimate of []

Evanson Asset Management LLC reduced its position in Newmont Co. (NYSE:NEM) by 11.8% during the third quarter, HoldingsChannel.com reports. The firm owned 3,923 shares of the basic materials companys stock after selling 524 shares during the period. Evanson Asset Management LLCs holdings in Newmont were worth $246,000 at the end of the most recent quarter. []

Newmont (NEM) has entered into an agreement to sell its Kalgoorlie power business to Australia-based Northern Star Resources Limited. The mining company engages The post Newmont Agrees to Sell Kalgoorlie Power Business for $95M appeared first on Smarter Analyst .

DENVER--(BUSINESS WIRE)--Newmont Appoints Two New Board Directors

Newmont has agreed to sell its Kalgoorlie power business to Australias Northern Star Resources Ltd in a deal that sees the leading gold miner pocket $95 million of cash. The deal follows the January 2020 sale of Newmonts 50% stake in Kalgoorlie Consolidated Gold Mines (KCGM). Of the $95 million in cash, $25 million relates[] The post Northern Star shores up KCGM energy supply with Newmont Kalgoorlie power deal appeared first on International Mining .

(RTTNews) - Newmont Corp. (NEM, NGT.TO) has agreed to sell its Kalgoorlie power business to Australia''s Northern Star Resources Limited (NST.AX). As per terms of the agreement, Newmont receives US$95 million in cash, inclusive of the US$25 million option payment previously received from Northern Star as part of its purchase of Newmont''s 50

DENVER--(BUSINESS WIRE)--Newmont to Sell Kalgoorlie Power Business to Northern Star

Northern Star Resources has exercised an option to buy Newmont Corporations Kalgoorlie-based power business for $US95 million ($131m).

Brokerages forecast that Newmont Co. (NYSE:NEM) will announce sales of $3.29 billion for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Newmonts earnings. The highest sales estimate is $3.43 billion and the lowest is $3.17 billion. Newmont posted sales of $3.38 billion in the same quarter last year, which []

Equities research analysts forecast that Newmont Co. (NYSE:NEM) will post earnings per share (EPS) of $0.79 for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for Newmonts earnings, with estimates ranging from $0.69 to $0.87. Newmont posted earnings per share of $1.06 in the same quarter last year, which would suggest []

VANCOUVER Gold Terra Resource Corp. [YGT-TSXV; YGTFF-OTCQX; TX0-FSE] has entered into a definitive option agreement with Newmont Canada FN Holdings ULC and Miramar Northern Mining Ltd. (MNML), both wholly owned subsidiaries of Newmont Corp. [NGT-TSX; NEM-NYSE], which grants Gold Terra the option, upon meeting certain requirements, to purchase MNML from Newmont FN, which

(Kitco News) - The Kalgoorlie power business has been a profitable asset for Newmont since the sale of its stake in KCGM, the company said in a statement.

With gold under-performing in the last few months, even the best gold stocks have been sideways to lower. However, the sentiment for gold seems to be changing.

Shares of Newmont Co. (NYSE:NEM) have received an average recommendation of Hold from the thirteen analysts that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1 []

VANCOUVER, BC / ACCESSWIRE / November 22, 2021 / Gold Terra Resource Corp. (TSX-V:YGT)(Frankfurt:TX0)(OTCQX:YGTFF) ("Gold Terra" or the "Company") is pleased to announce it has entered into a defin