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Newmont Corporation Newmont is the world’s largest gold mining company. In addition to gold, the company also mines copper, silver, zinc, and lead. It boasts over 31,600 employees and contractors worldwide and is the only gold company in the S&P 500. NEM stock closed Friday’s trading session at $67.33 a share and has been trading sideways year-to-date. Could this be an opportunity for investors to buy NEM stock given the rise in copper prices? Last week, the company delivered solid first-quarter financials and is on track to meet its full-year guidance. For the quarter, the company produced 1.5 million attributable ounces of gold and 317,000 attributable gold equivalent ounces from co-products. It also reported an adjusted net income of $594 million for the quarter, an 82.2% increase year-over-year. Impressively, it ended the quarter with $5.5 billion of consolidated cash.

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