Orla Mining to buy Newmont's gold mine in Ontario in US$850-million deal [Globe and Mail, The (Toronto, Canada)]
Newmont Corporation (NEM)
Last newmont corporation earnings: 2/20 06:55 am
Check Earnings Report
US:NYSE Investor Relations:
newmont.com/investor-relations/default.aspx
Company Research
Source: Globe and Mail, The
increase will buy the Musselwhite Gold Mine in Ontario from Newmont NGT-T increase in a deal valued at $850-million that will help more than double its production of the precious metal, the Canadian miner said on Monday. The deal will enable Newmont to generate up to $2.9-billion in gross proceeds from non-core divestitures. The world's largest gold miner had set a target of more than $2-billion in such sales following its $17-billion purchase of Newcrest. Newmont's shares rose 2.3 per cent in premarket trading. Orla's gold production will scale up to more than 300,000 ounces immediately following the purchase and also increases exposure to the current record gold prices, the company said. Prices of gold have rallied to new highs this year, boosted by the U.S. Federal Reserve's larger-than-expected interest rate cut and demand for the safe haven asset. The Musselwhite mine is expected to generate more than $150-million in average annual free cash flow over the next six ye
Show less
Read more
Impact Snapshot
Event Time:
NEM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NEM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NEM alerts
High impacting Newmont Corporation news events
Weekly update
A roundup of the hottest topics
NEM
News
- NEM vs. AGI: Which Stock Is the Better Value Option? [Yahoo! Finance]Yahoo! Finance
- Founders Metals Announces Positive Metallurgical Test Work [Yahoo! Finance]Yahoo! Finance
- Newmont to Divest Musselwhite Operation for Up to $850 Million [Yahoo! Finance]Yahoo! Finance
- Lion One Intensifies Roscoelite Focus and Enhances Fiji Gold Team with Addition of Two Ex-newmont Geologists [Yahoo! Finance]Yahoo! Finance
- Newmont Co. (NYSE: NEM) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating.MarketBeat
NEM
Earnings
- 10/23/24 - Beat
NEM
Sec Filings
- 11/18/24 - Form 8-K
- 11/12/24 - Form SC
- 11/6/24 - Form 4
- NEM's page on the SEC website