NYSE - Delayed Quote USD

Newmont Corporation (NEM)

Compare
47.00 -0.51 (-1.07%)
At close: July 19 at 4:00 PM EDT
47.00 0.00 (0.00%)
After hours: July 19 at 7:49 PM EDT
Loading Chart for NEM
DELL
  • Previous Close 47.51
  • Open 46.57
  • Bid 46.95 x 1300
  • Ask 47.21 x 1000
  • Day's Range 45.72 - 47.36
  • 52 Week Range 29.42 - 48.97
  • Volume 6,255,276
  • Avg. Volume 8,821,324
  • Market Cap (intraday) 54.198B
  • Beta (5Y Monthly) 0.49
  • PE Ratio (TTM) --
  • EPS (TTM) -3.27
  • Earnings Date Jul 24, 2024
  • Forward Dividend & Yield 1.00 (2.13%)
  • Ex-Dividend Date Jun 4, 2024
  • 1y Target Est 63.78

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana. The company was founded in 1916 and is headquartered in Denver, Colorado.

www.newmont.com

21,700

Full Time Employees

December 31

Fiscal Year Ends

Gold

Industry

Recent News: NEM

View More

Performance Overview: NEM

Trailing total returns as of 7/19/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

NEM
15.14%
S&P 500
15.41%

1-Year Return

NEM
8.12%
S&P 500
20.86%

3-Year Return

NEM
14.75%
S&P 500
27.22%

5-Year Return

NEM
38.25%
S&P 500
83.80%

Compare To: NEM

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: NEM

View More

Valuation Measures

Annual
As of 7/19/2024
  • Market Cap

    54.20B

  • Enterprise Value

    61.31B

  • Trailing P/E

    --

  • Forward P/E

    12.17

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    3.32

  • Price/Book (mrq)

    1.88

  • Enterprise Value/Revenue

    4.66

  • Enterprise Value/EBITDA

    142.57

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -20.33%

  • Return on Assets (ttm)

    1.54%

  • Return on Equity (ttm)

    -10.98%

  • Revenue (ttm)

    13.16B

  • Net Income Avi to Common (ttm)

    -2.69B

  • Diluted EPS (ttm)

    -3.27

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.36B

  • Total Debt/Equity (mrq)

    32.56%

  • Levered Free Cash Flow (ttm)

    -3.45B

Research Analysis: NEM

View More

Earnings Per Share

Consensus EPS
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

59.27
63.78 Average
47.00 Current
68.30 High
 

Company Insights: NEM

Research Reports: NEM

View More
  • In the Mining Sector, There's Value in Mineral Sands, Gold, Iron Ore, and Thermal Coal

    Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 6.9 million ounces of gold in 2024. However, after buying Newcrest, Newmont is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.

    Rating
    Price Target
     
  • Commodity Price Update Q3 2024: Value in Mineral Sands, Gold, and Thermal Coal

    Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 6.9 million ounces of gold in 2024. However, after buying Newcrest, Newmont is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.

    Rating
    Price Target
     
  • Newmont: Shares Remain Undervalued

    Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 6.9 million ounces of gold in 2024. However, after buying Newcrest, Newmont is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at end December 2023.

    Rating
    Price Target
     
  • Looking for more favorable entry point

    Founded in 1921, Denver-based Newmont is the world's largest gold-mining company, with assets and operations in North America, South America, Australia/New Zealand, and Africa. While approximately 88% of its revenues come from gold, the company is also a major producer of copper. The company has about 21,700 employees. It is the only gold producer in the S&P 500.

    Rating
    Price Target
     

People Also Watch