Newmont Stock Up Slightly Despite Lagging Sector Performance

• Newmont Corporation (NEM) stock rose 0.67% on a day when S&P 500 rose 0.32% and Dow rose 0.68% • NEM has lagged Basic Materials sector and S&P 500 over past month, up just 2.6% • Expectations for NEM's next earnings report EPS of $0.39, down 2.5% year-over-year; revenue of $3.4B, up 26.86% • For full fiscal year, consensus estimates of $1.88 EPS (up 16.77%) and $15B revenue (up 26.99%) • NEM currently trades at Forward P/E of 18.21, representing a premium over industry average of 16.95