$59.41 0.00 (0%)
2/13/2012 4:00 PM

Newmont Mining Corp (NYSE:NEM)

CAPS Rating: 3 out of 5

A gold producer, engaged in the exploration for and acquisition of gold properties. The Company has operations in the United States, Australia, Peru, Indonesia, Canada, Bolivia, New Zealand, Ghana and Mexico.

Recs

2
Player Avatar clarkinbrazil (< 20) Submitted: 5/29/2008 10:48:51 AM : Underperform Start Price: $46.38 NEM Score: -13.64

With gold priced so high, why is this companies P/E so high? It should have higher earnings at these gold levels unless this company has some internal problems. You can't eat gold so with the price of food going up, gold would be a less attractive investment than food.

Report this Post Add Comment

Featured Broker Partners


Advertisement