Valued at a market cap of $117.3 billion, Newmont Corporation (NEM) is a Denver, Colorado-based leading gold mining company and a significant producer of copper, silver, zinc, and lead.
This gold mining company has significantly outperformed the broader market over the past 52 weeks. Shares of NEM have rallied 103.2% over this time frame, while the broader S&P 500 Index ($SPX) has gained 28.3%. Moreover, on a YTD basis, the stock is up 7.8%, compared to SPX’s 4.2% rise.
