Newmont Corporation
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Materials : Metals & Mining | Large Cap Blend
Company profile

Newmont Corporation, formerly Newmont Goldcorp Corp, is a mining company, which is focused on the production of and exploration for gold, copper, silver, zinc and lead. It 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. Its North America segment consists primarily of Carlin, Phoenix, Twin Creeks and Long Canyon in the state of Nevada, and Cripple Creek &Victor (CC&V) in the state of Colorado, in the United States. Its South America segment consists primarily of Yanacocha in Peru and Merian in Suriname. Its Asia Pacific segment consists primarily of Boddington, Tanami and Kalgoorlie in Australia. The Company's Africa segment consists primarily of Ahafo and Akyem in Ghana. As of December 31, 2016, it had gold reserves of 68.5 million ounces and an aggregate land position of approximately 23,000 square miles (59,000 square kilometers).

Day's Change
0.42 (0.85%)
B/A Size
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Day's Low

Today's volume of 3,031,809 shares is on pace to be in-line with NEM's 10-day average volume of 8,652,635 shares.


Kraft Heinz's stock slips after profit beats expectations but sales falls short

7:13 am ET February 13, 2020 (MarketWatch)

Shares of Kraft Heinz Co. (KHC) slipped 0.1% in premarket trading Thursday, after the food and beverage company reported a fourth-quarter profit that beat expectations, although sales fell short. The company swung to net income of $182 million, or 15 cents a share, from a loss of $12.57 billion, or $10.30 a share, in the year-ago period. Excluding non-recurring items, such as impairment charges, adjusted earnings per share slipped to 72 cents from 84 cents but was above the FactSet consensus of 68 cents. Sales fell 5.1% to $6.54 billion, below the FactSet consensus of $6.61 billion. In the U.S., sales declined 2.7% to $4.68 billion to miss expectations of $4.74 billion, as volume/mix decreased by 5.8 percentage points as lower shipments of cheese, coffee, cold cuts and bacon offset growth in condiments and sauces. Pricing increased 3.1%. The stock has dropped 9.8% over the past three months, while the SPDR Consumer Staples Select Sector ETF (XLP) has gained 4.8% and the S&P 500 has climbed 9.2%.

-Tomi Kilgore; 415-439-6400;

(END) Dow Jones Newswires

February 13, 2020 07:13 ET (12:13 GMT)

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