2. As of noon trading, Newmont Mining Corporation ( NEM) is up $0.33 (0.9%) to $38.80 on average volume Thus far, 4.1 million shares of Newmont Mining Corporation exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $38.07-$39.00 after having opened the day at $38.41 as compared to the previous trading day's close of $38.47. 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, Mexico, and New Zealand. Newmont Mining Corporation has a market cap of $19.6 billion and is part of the basic materials sector. The company has a P/E ratio of 10.5, below the S&P 500 P/E ratio of 17.7. Shares are down 17.2% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Newmont Mining Corporation a buy, no analysts rate it a sell, and 8 rate it a hold. TheStreet Ratings rates Newmont Mining Corporation as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow. Get the full Newmont Mining Corporation Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.