Momentum Stocks in Focus: Newmont Mining Corp (NYSE:NEM), HollyFrontier Corp (NYSE:HFC), SUPERVALU INC. (NYSE:SVU)

On Thursday, Shares of Newmont Mining Corp (NYSE:NEM), subtract -1.56% and closed at $34.05 in the last trading session. The last trading range of the stock ranges between $33.47 and $34.28. Newmont Mining Corporation (NEM) (Newmont or the Company) has designated practiced miner Andrew Woodley to lead the Company’s North America business starting on January 2, 2017. Mr. Woodley succeeds Tom Kerr who stepped down from Newmont after 32 years of distinguished service to the Company.

“Andrew is an accomplished operations and business leader with more than 20 years’ experience driving improvements in safety, productivity and sustainability,” said Tom Palmer, Executive Vice President and Chief Operating Officer. “His broad leadership experience delivering step-change improvements in mining, minerals processing and project development make him the right leader to build on our North America region’s strong performance, and to deliver our strategy – which is to improve the underlying business, strengthen the portfolio and create value for shareholders and other stakeholders.”

Andrew joins Newmont having served as President and Chief Executive Officer of Rio Tinto’s Oyu Tolgoi copper and gold mining operations in Mongolia. Before Oyu Tolgoi, Andrew was Managing Director for Rio Tinto Coal Mozambique and Country Head for Rio Tinto in Mozambique. He has held the role of General Manager of Operations at mines in Australia, and has worked in exploration in Canada, in addition to administration consulting in mining, and manufacturing in Australia, New Zealand, Malaysia and the United States. Andrew earned his Mining Engineering degree from the University of New South Wales, Australia and an MBA from Wilfrid Laurier University in Canada.

HollyFrontier Corp (NYSE:HFC), dropped -1.10% and closed at $26.05 in the last trading session. The last trading range of the stock ranges between $25.68 and $26.37. The company’s Market capitalization is $4.78 Billion with the total Outstanding Shares of 176.52 million. HollyFrontier Corporation (HFC) (the “Company”) plans to declare results for its quarter ended September 30, 2016 on November 3, 2016, before the opening of trading on the NYSE. The Company has planned a webcast conference on November 3, 2016 at 8:30 a.m. Eastern time to discuss financial results.

SUPERVALU INC. (NYSE:SVU), lost -1.39% and closed at $4.98 in the last trading session. The last trading range of the stock ranges between $4.98 and $5.09. During the 52-week trading session the minimum price at which share price traded, registered at $3.94 and reached to max level of $7.84. SUPERVALU INC., together with its auxiliaries, operates as a grocery wholesaler and retailer in the United States. The company operates through three segments: Wholesale, Save-A-Lot, and Retail. The Wholesale segment offers wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store independent operators, regional chains, and the military. This segment operates about 1,796 stores with a network spanning 40 states. The Save-A-Lot segment owns, operates, and licenses 1,360 discount grocery stores under the Save-A-Lot banner, counting 897 licensed Save-A-Lot stores and 463 company-operated stores. The Retail segment operates retail stores that provide groceries and various additional products, counting general merchandise, home, health and beauty care, and pharmacy products. This segment operates 200 stores under the Cub Foods, Shoppers Food & Pharmacy, Shop ’n Save, Farm Fresh, and Hornbacher’s banners, in addition to 2 Rainbow and 2 County Market stores.

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