Director & CEO of Newmont Mining Corporation (NEM) Richard T Obrien sells 6,522 shares of NEM on 02/28/2013 at an average price of $40.02 a share.

Newmont Mining Corporation has a market cap of $19.49 billion; its shares were traded at around $39.62 with a P/E ratio of 10.6 and P/S ratio of 2. The dividend yield of Newmont Mining Corporation stocks is 3.5%. Newmont Mining Corporation had an annual average earning growth of 13.3% over the past 10 years. GuruFocus rated Newmont Mining Corporation the business predictability rank of 4-star.

This is the annual revenues and earnings per share of NEM over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of NEM.

CEO Recent Trades:

• Director & CEO Richard T Obrien sold 6,522 shares of NEM stock on 02/28/2013 at the average price of 40.02. Richard T Obrien owns at least 321,858 shares after this. The price of the stock has decreased by 1% since.

CFO Recent Trades:

• EVP & CFO Russell David Ball sold 2,867 shares of NEM stock on 02/28/2013 at the average price of 40.32. Russell David Ball owns at least 69,728 shares after this. The price of the stock has decreased by 1.74% since.

This is the insider trade history vs. stock price of NEM. For the complete insider trading history of NEM, click here.

Directors and Officers Recent Trades:

• SVP, Asia Pacific Jeffrey R Huspeni sold 7,321 shares of NEM stock on 02/28/2013 at the average price of 40.85. Jeffrey R Huspeni owns at least 45,583 shares after this. The price of the stock has decreased by 3.01% since.
• SVP, Africa David Schummer sold 1,033 shares of NEM stock on 02/28/2013 at the average price of 40.35. David Schummer owns at least 16,548 shares after this. The price of the stock has decreased by 1.81% since.
• VP, Planning and Tax David V Gutierrez sold 569 shares of NEM stock on 02/28/2013 at the average price of 40.17. David V Gutierrez owns at least 39,921 shares after this. The price of the stock has decreased by 1.37% since.
• Vice President & Treasurer Thomas P Mahoney sold 454 shares of NEM stock on 02/28/2013 at the average price of 40.13. Thomas P Mahoney owns at least 37,312 shares after this. The price of the stock has decreased by 1.27% since.
• SVP, North America Thomas R. Kerr sold 997 shares of NEM stock on 02/28/2013 at the average price of 40.26. Thomas R. Kerr owns at least 29,026 shares after this. The price of the stock has decreased by 1.59% since.

For the complete insider trading history of NEM, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool