Denver, Colorado-based Newmont Corporation (NEM) is a gold mining company that engages in the exploration and production of gold and other minerals like copper, silver, lead, and zinc. With a market cap of $57.4 billion, the company's operations are across the Americas, Australia, and Africa.
Shares of the gold mining giant have notably outpaced the broader market over the past 52 weeks. NEM has soared 30.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 10.2%. Moreover, shares of NEM are up 42.5% on a YTD basis, compared to SPX’s 3.9% decline.
