Newmont Mining Corporation (NYSE:NEM) popped in on a low volume green day. Volume on 12-Apr-19 came in at 10.54 million contracts. The daily trading volume has averaged 11.57 million shares a day in past 5 days. The first sale was made at $36.11 but later the stock became weaker, and closed with a gain of 0.78%. It was last traded at $36.25 apiece.

Newmont Mining Corporation (NEM): Outperform Candidate With 12.22% Upside Potential

Newmont Mining Corporation is maintained at an average outperform rating by 16 stock analysts, and there are at least 8.92% of shares outstanding that are currently legally short sold. The shares went up by 8.47% in value last month. Year-to-date it jumped 4.62%. Analysts are turning out to be more optimistic than before, with 11 of analysts who cover Newmont Mining Corporation (NYSE:NEM) advice adding it to buy candidate list. Wall Street experts also assign a $40.68 price target on Newmont Mining Corporation, pointing towards a 12.22% rally from current levels. The stock is trading for about -13.65% less than its 52-week high.

Newmont Mining Corporation Reports 8.72% Sales Growth

Newmont Mining Corporation (NEM) remained successful in beating the consensus-estimated $0.25 as it actually earned $0.4 per share in its last reported financial results. Revenue, on the other hand, scored 8.72% growth from the previous quarter, coming up with $1.88 billion.

NEM Retreats -0.68% In A Week

This company shares (NEM) so far managed to recover 24.74% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 1.66% while widening the period to a month, volatility was 2.04%. The share price has already crossed its 20 days moving average, floating at a distance of 2.76% and sits 4.8% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned -0.68% losses and is up by 7.96% compared with its 200-day moving average of $33.29. Also, Newmont Mining Corporation (NEM) needs to overturn a -10.27% decrease it experienced over the past twelve months.

American International Group, Inc. (NYSE:AIG) Consensus Call At 2.2

As regular trading ended, American International Group, Inc. (AIG) stock brought in a $0.48 rise to $46.19. The day started at a price of $46 but then traded as high as $46.95 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.2. American International Group, Inc. is given 6 buy-equivalent recommendations, 0 sells and 7 holds. The company shares sank -18.67% from their peak of $56.79 and now has a $40.99 billion market value of equity.

American International Group, Inc. Could Grow 8.68% More

AIG’s mean recommendation on Reuter’s scale presents no change from 2.05 thirty days ago to 2.05 now, which indicates a hold consensus from the analyst community. They see American International Group, Inc. (AIG) price hitting a mean target of $50.2 a share, meaning the stock still has potential that could lift the price another 8.68% . Also, the recent close suggests the stock is underpriced by 21.24% compared to the most bullish target.

American International Group, Inc. (AIG) Returns 17.2% This Year

The company had seen its current volume reaching at 4.9 million shares in the last trade. That compares with the recent volume average of 5.49 million. At the close of regular trading, its last week’s stock price volatility was 1.85% which for the month reaches 1.63%. American International Group, Inc. dipped to as low as $45.97 throughout the day and has returned 17.2% in this year. At one point in the past year, the shares traded as low as $36.16 but has recovered 27.74% since then. [T4]