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Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Newmont Mining Corporation (NYSE: NEM) is tomorrow, December 4, 2012. Owners of shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $47.06 as of 9:30 a.m. ET, the dividend yield is 3%. The average volume for Newmont has been 5.7 million shares per day over the past 30 days. Newmont has a market cap of $23.13 billion and is part of the basic materials sector and metals & mining industry. Shares are down 21.6% year to date as of the close of trading on Friday. Newmont Mining Corporation, together with its subsidiaries, engages in the acquisition, exploration, and production of gold and copper properties. The company's assets or operations are located in the United States, Australia, Peru, Indonesia, Ghana, New Zealand, and Mexico. The company has a P/E ratio of 109.4, above the S&P 500 P/E ratio of 17.7.