Newmont Corporation Stock: Is NEM Outperforming the Basic Materials Sector?

Newmont Corporation (NEM) is one of the world’s leading gold- and precious-metals mining companies. Headquartered in Denver, Colorado, the company’s core business involves the exploration and production of gold, but it also extracts copper, silver, zinc, and lead across a global footprint. Newmont’s market cap is roughly $98.4 billion. Companies valued at $10 billion or more are generally considered “large-cap” stocks, and Newmont fits this criterion perfectly. Newmont is renowned for being the world's le ...