| Newmont is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia and Ghana. Co. is also engaged in the production of copper, silver, lead and zinc. Co.'s operations are organized in five geographic regions; North America, South America, Australia, Africa and Nevada. |
When researching a stock like Newmont Goldcorp, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from NEM Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for NEM stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the NEM 200 day moving average ("NEM 200 DMA"), while one of the most popular "shorter look-backs" is the NEM 50 day moving average ("NEM 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Newmont Goldcorp. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the NEM 200 DMA and the NEM 50 DMA, we get a moving average convergence divergence indicator ("NEM MACD"). The NEM MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).