NEM Stock - Newmont Mining Corp.

NEM Stock Chart

NEM Profile

Newmont Corporation (NEM) is a publicly-traded gold mining company headquartered in Greenwood Village, Colorado, USA. The company is one of the world's largest gold producers and operates mines in several countries, including the United States, Australia, Ghana, and Peru.

Newmont's business model is focused on producing and selling gold and copper, as well as exploring for new mineral resources. The company operates a portfolio of assets across a range of geographies and mining methods, including open pit and underground mining.

In addition to its mining operations, Newmont is committed to sustainability and responsible environmental and social practices. The company has set ambitious targets for reducing its greenhouse gas emissions, improving energy efficiency, and promoting diversity and inclusion within its workforce.

Newmont is listed on the New York Stock Exchange under the ticker symbol NEM. The company has a market capitalization of around $55 billion as of February 2023, and its stock has generally provided investors with solid returns over the years. However, the company is subject to various risks, including fluctuations in the price of gold and other metals, regulatory risks, and geopolitical risks associated with operating in multiple countries.

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