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Newmont Corporation CHESS ( (AU:NEM) ) has issued an update.
Newmont Corporation announced a net decrease in the number of CHESS Depositary Interests (CDIs) issued over quoted securities, with a reduction of 4,244,815 CDIs from the previous month. This change is attributed to the net transfers of securities between CDIs and common stock, as well as stock compensation plan distributions. The announcement reflects the company’s ongoing management of its securities and may impact its market positioning and stakeholder interests.
The most recent analyst rating on (AU:NEM) stock is a Hold with a A$153.00 price target. To see the full list of analyst forecasts on Newmont Corporation CHESS stock, see the AU:NEM Stock Forecast page.
More about Newmont Corporation CHESS
Newmont Corporation is a leading company in the mining industry, primarily focusing on the production of gold and copper. It operates globally with a significant presence in North America, South America, Australia, and Africa, and is listed on major stock exchanges including the NYSE and TSX.
Average Trading Volume: 494,017
Technical Sentiment Signal: Buy
Current Market Cap: A$153.3B
See more insights into NEM stock on TipRanks’ Stock Analysis page.