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Newmont NYSE:NEM Stock Report

Last Price

US$38.56

Market Cap

US$43.9b

7D

-1.3%

1Y

-20.1%

Updated

17 Apr, 2024

Data

Company Financials +

NEM Stock Overview

Newmont Corporation engages in the production and exploration of gold.

NEM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends1/6

Newmont Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Newmont
Historical stock prices
Current Share PriceUS$38.56
52 Week HighUS$50.18
52 Week LowUS$29.42
Beta0.54
1 Month Change12.03%
3 Month Change11.38%
1 Year Change-20.10%
3 Year Change-42.29%
5 Year Change19.75%
Change since IPO284.13%

Recent News & Updates

Recent updates

Calculating The Intrinsic Value Of Newmont Corporation (NYSE:NEM)

Apr 10
Calculating The Intrinsic Value Of Newmont Corporation (NYSE:NEM)

Why Newmont Stock Is A Strong Golden Pick

Apr 08

Newmont: I Am Adding This 3% Yielding Miner To My Portfolio

Mar 18

Looking For A Spark: Newmont Corporation (Technical Analysis)

Mar 08

Newmont Q4 Results: Don't Miss The Forest For The Trees

Feb 22

Newmont: Asymmetric Risk/Reward Makes It A Strong Buy Here

Feb 10

Newmont Corporation's (NYSE:NEM) Popularity With Investors Is Under Threat From Overpricing

Jan 26
Newmont Corporation's (NYSE:NEM) Popularity With Investors Is Under Threat From Overpricing

Buy The Plunge In Newmont: Get Gold Exposure And A Near 5% Yield

Jan 22

Global Leader In Gold Seeks To Dig Out Copper Niche

Jan 09

Is Newmont (NYSE:NEM) A Risky Investment?

Jan 04
Is Newmont (NYSE:NEM) A Risky Investment?

Gold Is My Highest Conviction Pick For 2024: Consider Newmont Stock

Jan 02

Newmont Corporation's (NYSE:NEM) Intrinsic Value Is Potentially 44% Above Its Share Price

Dec 14
Newmont Corporation's (NYSE:NEM) Intrinsic Value Is Potentially 44% Above Its Share Price

Newmont: Brighter Macro Conditions, Better Technical Factors Warrant An Upgrade

Nov 27

Newmont: An Opportunity To Buy At The Deepest Discount In Years

Oct 26

These 4 Measures Indicate That Newmont (NYSE:NEM) Is Using Debt Reasonably Well

Oct 06
These 4 Measures Indicate That Newmont (NYSE:NEM) Is Using Debt Reasonably Well

Newmont: The Biggest But Not The Best Gold Major

Oct 02

Shareholder Returns

NEMUS Metals and MiningUS Market
7D-1.3%-2.1%-3.7%
1Y-20.1%15.2%20.5%

Return vs Industry: NEM underperformed the US Metals and Mining industry which returned 15.2% over the past year.

Return vs Market: NEM underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is NEM's price volatile compared to industry and market?
NEM volatility
NEM Average Weekly Movement5.1%
Metals and Mining Industry Average Movement8.2%
Market Average Movement6.0%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: NEM has not had significant price volatility in the past 3 months.

Volatility Over Time: NEM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
191621,700Tom Palmerwww.newmont.com

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.

Newmont Corporation Fundamentals Summary

How do Newmont's earnings and revenue compare to its market cap?
NEM fundamental statistics
Market capUS$43.95b
Earnings (TTM)-US$2.52b
Revenue (TTM)US$11.81b

3.8x

P/S Ratio

-17.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NEM income statement (TTM)
RevenueUS$11.81b
Cost of RevenueUS$8.23b
Gross ProfitUS$3.58b
Other ExpensesUS$6.10b
Earnings-US$2.52b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 25, 2024

Earnings per share (EPS)-2.19
Gross Margin30.31%
Net Profit Margin-21.34%
Debt/Equity Ratio30.4%

How did NEM perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

-48%

Payout Ratio
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