Newmont Mining (NEM) Forms $38.64 Double Top; SANEI ARCHITECTURE PLANNING CO LTD TOKYO (SNHPF) Sellers Increased By 66.67% Their Shorts

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Newmont Mining Corporation (NEM) formed double top with $39.80 target or 3.00% above today’s $38.64 share price. Newmont Mining Corporation (NEM) has $20.61 billion valuation. The stock decreased 0.74% or $0.29 during the last trading session, reaching $38.64. About 4.14M shares traded. Newmont Mining Corporation (NYSE:NEM) has risen 17.98% since June 4, 2017 and is uptrending. It has outperformed by 5.41% the S&P500.

SANEI ARCHITECTURE PLANNING CO LTD TOKYO (OTCMKTS:SNHPF) had an increase of 66.67% in short interest. SNHPF’s SI was 7,000 shares in June as released by FINRA. Its up 66.67% from 4,200 shares previously. It closed at $18.75 lastly. It is down 0.00% since June 4, 2017 and is . It has underperformed by 12.57% the S&P500.

Sanei Architecture Planning Co.,Ltd

Analysts await Newmont Mining Corporation (NYSE:NEM) to report earnings on July, 24. They expect $0.33 EPS, down 28.26% or $0.13 from last year’s $0.46 per share. NEM’s profit will be $176.05 million for 29.27 P/E if the $0.33 EPS becomes a reality. After $0.35 actual EPS reported by Newmont Mining Corporation for the previous quarter, Wall Street now forecasts -5.71% negative EPS growth.

Among 25 analysts covering Newmont Mining Corporation (NYSE:NEM), 13 have Buy rating, 1 Sell and 11 Hold. Therefore 52% are positive. Newmont Mining Corporation had 93 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Buy” on Monday, September 25. The rating was maintained by B. Riley & Co on Tuesday, February 27 with “Neutral”. The firm has “Sell” rating given on Monday, March 12 by RBC Capital Markets. The company was initiated on Friday, September 18 by FBR Capital. The firm has “Neutral” rating by Bank of America given on Friday, March 11. The stock of Newmont Mining Corporation (NYSE:NEM) earned “Buy” rating by Mackie on Thursday, October 29. The rating was maintained by FBR Capital with “Mkt Perform” on Thursday, November 10. The rating was maintained by Scotia Capital with “Buy” on Monday, January 15. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Thursday, March 16. The firm has “Hold” rating given on Friday, March 18 by Standpoint Research.

Investors sentiment decreased to 1.02 in 2018 Q1. Its down 0.04, from 1.06 in 2017Q4. It dived, as 38 investors sold Newmont Mining Corporation shares while 183 reduced holdings. 65 funds opened positions while 161 raised stakes. 428.96 million shares or 0.02% more from 428.87 million shares in 2017Q4 were reported. D E Shaw Co accumulated 0.08% or 1.52M shares. Convergence Inv Prtnrs Ltd Liability Corp, Wisconsin-based fund reported 1,709 shares. Comerica Bank holds 0.04% or 148,670 shares in its portfolio. Credit Suisse Ag invested in 0.12% or 3.24 million shares. New Jersey-based State Of New Jersey Common Pension Fund D has invested 0.01% in Newmont Mining Corporation (NYSE:NEM). Rathbone Brothers Public Lc invested 0.22% of its portfolio in Newmont Mining Corporation (NYSE:NEM). Riggs Asset Managment Co owns 1 shares. Old Mutual Customised Solutions (Proprietary) Limited stated it has 14,200 shares or 0.06% of all its holdings. Alpha Windward Limited Co holds 0.02% or 1,022 shares in its portfolio. Nikko Asset Mgmt Americas invested 0.2% of its portfolio in Newmont Mining Corporation (NYSE:NEM). Tudor Investment Corp Et Al holds 36,221 shares. 16,308 were reported by Rampart Inv Mgmt Ltd Company. 801,922 are owned by Bnp Paribas Arbitrage Sa. Guardian Life Insur Of America reported 1,230 shares stake. Hap Trading Ltd Liability Company accumulated 23,891 shares or 0.05% of the stock.

Since January 2, 2018, it had 0 insider purchases, and 19 sales for $2.07 million activity. Dorward-King Elaine J also sold $117,994 worth of Newmont Mining Corporation (NYSE:NEM) on Monday, April 2. The insider Engel E Randall sold $220,829. The insider MacGowan William N sold $194,446. Palmer Thomas Ronald sold $50,288 worth of Newmont Mining Corporation (NYSE:NEM) on Thursday, February 1. Lawson Scott P sold 1,489 shares worth $58,593. On Tuesday, January 2 Goldberg Gary J sold $37,890 worth of Newmont Mining Corporation (NYSE:NEM) or 1,000 shares. Buese Nancy sold 2,000 shares worth $77,940.

Newmont Mining Corporation (NYSE:NEM) Institutional Positions Chart