- 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.comRecent News: NEM
View MorePerformance Overview: NEM
Trailing total returns as of 7/19/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: NEM
View MoreValuation Measures
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
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Research Reports: NEM
View MoreIn 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.
RatingPrice TargetCommodity 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.
RatingPrice TargetNewmont: 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.
RatingPrice TargetLooking 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.
RatingPrice Target