ARMOUR Residential REIT, Inc. vs Newmont Corporation — how do they compare? ARMOUR Residential REIT, Inc. trades at $16.72 (market cap $2.07B), while Newmont Corporation trades at $119.23 (market cap $123.50B). The key difference: Newmont Corporation is far larger — about 59.7× ARMOUR Residential REIT, Inc.'s market cap, and ARMOUR Residential REIT, Inc. pays the higher dividend (17.28%). Which is the better fit depends on your goals.
| ARR | NEM | |
|---|---|---|
Market Cap | $2.07B | $123.50B |
Sector | Financials | Basic Materials |
52-Week High | $19.12 | $131.95 |
52-Week Low | $14.05 | $67.38 |
Dividend Yield | 17.28% | 0.89% |
Enterprise Value | — | $120.09B |
Trailing returns across standard periods
Latest headlines on both assets
ARMOUR Residential REIT Inc is a real estate investment trust that invests in residential mortgage-backed securities or RMBS. These are issued or guaranteed by U.S.-government-sponsored enterprises, such as Fannie Mae, Freddie Mac, or Ginnie Mae. The company's investment portfolio is composed of mortgage-backed securities, adjustable-rate mortgage securities, and multifamily mortgage-backed securities. In terms of total fair value, most Armour's investments are long-term, fixed-rate agency RMBS. Multifamily RMBS also represents a substantial amount. Fannie Mae guarantees most of the company's holdings. Armour derives substantially all its revenue as interest income from its investments.
Read more on ARR →Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.
Read more on NEM →