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Author: Admin | 2025-04-27
Molybdenum, and traded copper producers. The company’s portfolio of assets include:Grasberg minerals district in Indonesia- one of the world’s largest copper and gold depositsMining operations in the Americas – which include the large-scale Morenci minerals district in North America and the Cerro Verde operation in South AmericaIn the recent quarterly report, the company reported:Total Sales of:1,033 Copper mm lbs402,000 Gold ozs20 Molybdenum mm lbsRevenue of $ 6.1 billionNet Income of $ 1.4 billionThe stock of the company is currently trading at $ 40.99. the company’s market valuation is $ 60.19 billion. The stock of the company has been steadily rising over the past two years. In the year 2021, the stock started at a price of $ 26.02 and closed the year at a price of $ 41.73. The stock appreciated by 60% within the year.With the demand for AI technology increasing, investor interest in Artificial Intelligence stocks has also increased.Newmont CorporationNewmont is the world’s leading gold company and a producer of copper, silver, zinc, and lead. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Checkout some of the best oil and gas ETFs to buy now.In the recent quarterly report, the company reported:Gold production of 162 k ozRevenue of $ 2,895 millionNet Income of $ 483 millionDividend of $0.55 per shareNine world-class assets in top-tier jurisdictionsRobust gold reserves of 94Moz and 65Moz in GEO reservesThe stock of the company is currently trading at $ 63.09. the company’s market valuation is at $ 50.31 billion. The stock of the company has been pretty volatile in the past two years. In the year 2021, the stock peaked at $ 73.48 and dropped to the lows of $ 53.5.Newmont has a very strong balance sheet with
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