Use Newmont to protect against small markets fluctuations. The stock experiences moderate downward daily trend and can be a good diversifier. Check odds of Newmont to be traded at $23.53 in 30 days
Newmont Price and Market Media
The median price of Newmont for the period between Mon, Nov 11, 2013 and Wed, Dec 11, 2013 is 25.74 with a coefficient of variation of 6.43. The daily time series for the period is distributed with a sample standard deviation of 1.65, arithmetic mean of 25.58, and mean deviation of 1.43. The Stock received substential amount of media coverage during this period.
Newmont Mining Corporation [NEM] is traded on New York Stock Exchange in USA. It is located in Greenwood Village, CO and employs 16,400 people. The company currently falls under 'Large-Cap' category with total capitalization of 11.64 B. Newmont Mining Corporation runs under Basic Materials sector within Gold industry. This company has 497.87 M outstanding shares of which 12.47 M shares are now shorted by investors with about 1.6 days to cover shorted positions.
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