Large Inflow of Money Witnessed in Newmont Mining Corporation

Newmont Mining Corporation (NYSE:NEM) traded with a cut of -0.5 points or -1.42% at $34.83 per share. As per the last available information, the stock aggregated $44.2 million in upticks and $29.4 million in downticks, keeping the net money flow capped at $14.8 million. The up/down ratio was found to be 1.5. For the week, the shares have seen a change of -2.3% in the share price.A block trade of $20.04 million in upticks and $4.6 million in downticks also took place during the day. The up/down ratio for the block stood at 4.36. The net money flow for this transaction was $15.44 million.


The stock has recorded a 20-day Moving Average of 1.51% and the 50-Day Moving Average is 5.03%. The company shares have rallied 46.42% in the past 52 Weeks. On June 16, 2016 The shares registered one year high of $37.39 and one year low was seen on August 26, 2015 at $15.39. The 50-day moving average is $34.07 and the 200 day moving average is recorded at $26.39. S&P 500 has rallied 1.93% during the last 52-weeks.

Newmont Mining Corporation (NYSE:NEM): The stock opened at $34.58 on Tuesday but the bulls could not build on the opening and the stock topped out at $35.22 for the day. The stock traded down to $34.29 during the day, due to lack of any buying support eventually closed down at $34.83 with a loss of -1.42% for the day. The stock had closed at $35.33 on the previous day. The total traded volume was 6,361,701 shares.

Currently the company Insiders own 0.22% of Newmont Mining Corporation shares according to the proxy statements. Institutional Investors own 77.6% of Newmont Mining Corporation shares. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Vice President and Treasurer) of Newmont Mining Corp /De/, Mahoney Thomas P had sold 692 shares worth of $18,027 in a transaction dated May 1, 2015. In this transaction, 692 shares were sold at $26.05 per share.

Newmont Mining Corporation (Newmont) is a global 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, Indonesia, Ghana, New Zealand and Suriname. The Companys business segments include North America, South America, Asia Pacific and Africa. The Companys North America segment consists primarily of Carlin, Phoenix, CC&V and Twin Creeks in the state of Nevada in the United States. The Companys South America segment consists primarily of Yanacocha in Peru. The Companys Asia Pacific segment consists primarily of Boddington, Tanami and Kalgoorlie in Australia, and Batu Hijau in Indonesia. The Companys Africa segment consists primarily of Ahafo and Akyem in Ghana. The Companys product at its gold operations is dore bars. Dore is an alloy consisting primarily of gold, as well as silver and other metals.

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