# RNN 2nd Gen Model Newmont Mining Corporation Gold & silver ores

Stock predictor AI models:
74.42% successful of 86 deals
$ 56.80 Last close price
at 02-mar-2021


Model's trade recommendations 2.67% Return for period

4.55% Annual return

$20.91B Market Cap

β 0.29  


Model (following trade recommendations)


Underlying stock

S&P 500

Return for period 2.67%
52wk return 10.15%
52wk Range
Sortino ratio 0.40
Sharpe ratio 0.35
Norm. RMSE 0.58%
Downside risk 13.40%
Volatility 0.00%
  • 0.56 (1.43%) Div (Yield)
  • BUY Analysts consensus recommendation

Newmont Mining Corporation is primarily a gold producer with significant operations and/or assets in the United States, Australia, Peru, Ghana and Suriname. Newmont is also engaged in the production of copper, principally through Boddington in Australia and Phoenix in the United States. Newmont's corporate headquarters are in Greenwood Village, Colorado, USA.

Industry sector: Basic Materials

Sector classification: Gold & silver ores

Deep Learning based analysis and prediction model for Newmont Mining Corporation (NEM) stock is a 2nd Generation Non-linear Autoregressive (NAR) model based on the LSTM/GRU Recurrent Neural Network architecture.

Model is in the production pipeline since Oct. 22, 2015.

Market data for NEM model training are being downloaded from the Quandl premium datasets on a daily basis.
Risks related to the novel coronavirus disease 2019 (COVID-19) caused by the virus named “SARS-CoV-2” are accounted for in this model in the form of the historical data coincided with outbreaks and other global events in the past used to train ML prediction model for NEM.

Model is being retrained on a regular basis.

Float 532M
P/E 25.12
Shares Outstanding 533M
% Held by Insiders 0.36%
% Held by Institutions 82.30%
EPS (last reported FY) $1.46
EPS (last reported Q) $0.35
EPS, estimated (last reported Q) $0.33
Total revenues $7 B
Net income $-0 B