Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, gold producer Newmont Mining (NYSE: NEM ) has earned a respected four-star ranking.
With that in mind, let's take a closer look at Newmont's business and see what CAPS investors are saying about the stock right now.
Newmont facts
| Headquarters (founded) |
Greenwood Village, Colo. (1916) |
| Market Cap |
$24.1 billion |
| Industry |
Gold |
| Trailing-12-Month Revenue |
$10.4 billion |
| Management |
CEO Richard O'Brien (since 2007)
CFO Russell Ball (since 2007) |
| Return on Equity (average, past 3 years) |
16.3% |
| Cash/Debt |
$2.0 billion / $6.1 billion |
| Dividend Yield |
2.9% |
| Competitors |
AngloGold Ashanti
Barrick Gold
Goldcorp |
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 93% of the 1,243 members who have rated Newmont believe the stock will outperform the S&P 500 going forward.
Earlier this month, one of those Fools, Lulupoopsalot, touched on the tailwinds working in Newmont's favor:
Euro bailout, China easing, USA with two rounds of [quantitative easing], all mean gold should remain expensive and keep going higher. However, the gold price has been stable [year-to-date] but many gold producers are down 15-20% plus over that same time. Buying for two reasons: Future gold price increase expected. The stock is oversold and has met my technical criteria.
If you want market-beating returns, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future. Of course, despite a strong four-star rating, Newmont may not be your top choice.
If that's the case, we've compiled a special free report for investors called "The Tiny Gold Stock Digging Up Massive Profits," which uncovers a much smaller miner with big potential. The report is 100% free, but it won't be around forever, so click here to access it now.
Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.
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