Newmont Mining Corporation (NEM): The stock had negative money flow to the tune of ($6.64 million) on Monday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $21.55 million, whereas, the outflow of money on downticks was $28.19 million and the ratio between the two was 0.76. The block trade had a negative net money flow of ($7.28 million). On the other hand, downticks amounted to $7.28 million of the traded value, which shows distribution in the stock by traders. Newmont Mining Corporation (NEM) closed with marginal gains of 30 cents to end the day at $41.63, an increase of 0.73% over the previous days close. The stock recorded 1.19% for the week.
Newmont Mining Corporation is up 41.41% in the last 3-month period. Year-to-Date the stock performance stands at 131.79%. Shares of Newmont Mining Corporation rose by 1.39% in the last five trading days and 16.91% for the last 4 weeks. In a related news, The officer (Vice President and Treasurer), of Newmont Mining Corp /De/, Mahoney Thomas P had unloaded 692 shares at $26.05 per share in a transaction on May 1, 2015. The total value of transaction was $18,027. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Newmont Mining Corporation (NYSE:NEM): stock turned positive on Monday. Though the stock opened at $41.42, the bulls momentum made the stock top out at $41.63 level for the day. The stock recorded a low of $40.93 and closed the trading day at $41.63, in the green by 0.73%. The total traded volume for the day was 4,372,680. The stock had closed at $41.33 in the previous days trading.
Newmont Mining Corporation (Newmont) is a global 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, Indonesia, Ghana, New Zealand and Suriname. The Companys business segments include North America, South America, Asia Pacific and Africa. The Companys North America segment consists primarily of Carlin, Phoenix, CC&V and Twin Creeks in the state of Nevada in the United States. The Companys South America segment consists primarily of Yanacocha in Peru. The Companys Asia Pacific segment consists primarily of Boddington, Tanami and Kalgoorlie in Australia, and Batu Hijau in Indonesia. The Companys Africa segment consists primarily of Ahafo and Akyem in Ghana. The Companys product at its gold operations is dore bars. Dore is an alloy consisting primarily of gold, as well as silver and other metals.