News coverage about Newmont Mining (NYSE:NEM) has trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Newmont Mining earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned media coverage about the basic materials company an impact score of 45.391407924045 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

Several research analysts have recently commented on the stock. Zacks Investment Research lowered shares of Newmont Mining from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 19th. Deutsche Bank downgraded shares of Newmont Mining from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $42.00 to $40.00 in a report on Tuesday, January 16th. Scotiabank set a $48.00 price objective on shares of Newmont Mining and gave the stock a “buy” rating in a report on Monday, January 15th. BMO Capital Markets reaffirmed a “buy” rating and set a $43.00 price objective on shares of Newmont Mining in a report on Wednesday, December 20th. Finally, Royal Bank of Canada reaffirmed a “hold” rating and set a $43.00 price objective on shares of Newmont Mining in a report on Tuesday, December 5th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Newmont Mining has a consensus rating of “Hold” and a consensus price target of $41.95.

Newmont Mining (NEM) traded up $0.01 during midday trading on Tuesday, hitting $40.10. 4,200,000 shares of the company traded hands, compared to its average volume of 4,440,000. The company has a current ratio of 4.18, a quick ratio of 3.58 and a debt-to-equity ratio of 0.33. The company has a market cap of $21,390.00, a P/E ratio of 57.29 and a beta of 0.10. Newmont Mining has a fifty-two week low of $31.42 and a fifty-two week high of $42.04.

In other Newmont Mining news, EVP E Randall Engel sold 5,700 shares of the stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $36.44, for a total value of $207,708.00. Following the completion of the sale, the executive vice president now directly owns 122,178 shares of the company’s stock, valued at approximately $4,452,166.32. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Gary J. Goldberg sold 1,000 shares of the stock in a transaction on Friday, December 1st. The shares were sold at an average price of $36.98, for a total transaction of $36,980.00. Following the completion of the sale, the insider now directly owns 334,730 shares of the company’s stock, valued at $12,378,315.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 27,700 shares of company stock valued at $1,020,676. Insiders own 0.32% of the company’s stock.

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About Newmont Mining

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.

Insider Buying and Selling by Quarter for Newmont Mining (NYSE:NEM)

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