49,760 ARS
290
0.58%
Last update Dec 12, 4:56 PM -03
Market closed
Day range
48,600
51,775
Previous close
50,050
Open
51,000
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Newmont Corporation CeDEAR
49,760.00
290
0.58%

Overview

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Description

Newmont Corporation CeDEAR represents a financial instrument issued in Argentina, offering an investment in shares of the Newmont Corporation, one of the world's leading gold producers. CeDEARs, or Certificados de Depósito Argentinos, allow local investors to gain exposure to international companies by purchasing deposit certificates on the Buenos Aires Stock Exchange. Newmont Corporation, headquartered in Colorado, is involved in the exploration, acquisition, and production of gold and copper deposits across various continents, including North and South America, Africa, and Australia. By investing in this CeDEAR, individuals participate indirectly in the mining industry, which plays a critical role in global markets due to its impact on commodities trading, resource management, and international trade. These depositary certificates provide a distinctive avenue for Argentine investors to diversify their portfolios globally without currency exchange complications, leveraging the performance of an international entity like Newmont Corporation.

About

CEO
Mr. Thomas Ronald Palmer
Employees
22200
Address
6900 E Layton Avenue
Suite 700
Denver, 80237, CO
United States
Phone
303 863 7414
Website
Instrument type
Depositary receipt
Sector
Basic Materials
Industry
Gold
Country
Argentina
MIC code
XBUE
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