Newmont (ASX:NEM) - Stock Price, News & Analysis

NEM Stock Overview

Newmont Corporation engages in the production and exploration of gold.

NEM fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 14.7% below our estimate of its fair value

Earnings are forecast to grow 43.57% per year

Risk Analysis

Shareholders have been diluted in the past year

Newmont Corporation Competitors

Newcrest Mining

ASX:NCM

AU$20.8b

Northern Star Resources

ASX:NST

AU$16.8b

Evolution Mining

ASX:EVN

AU$7.5b

Ramelius Resources

ASX:RMS

AU$2.3b

Price History & Performance

Summary of all time highs, changes and price drops for Newmont
Historical stock prices
Current Share Price	US$63.12
52 Week High	US$66.24
52 Week Low	US$45.30
Beta	0.54
1 Month Change	4.49%
3 Month Change	23.14%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	6.08%

Recent updates

Shareholder Returns

	NEM	AU Metals and Mining	AU Market
7D	1.3%	0.8%	1.6%
1Y	n/a	-1.9%	7.9%

Return vs Industry: Insufficient data to determine how NEM performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how NEM performed against the Australian Market.

Price Volatility

Is NEM's price volatile compared to industry and market?
NEM volatility
NEM Average Weekly Movement	6.6%
Metals and Mining Industry Average Movement	12.5%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: NEM's share price has been volatile over the past 3 months.

Volatility Over Time: NEM's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1916	21,700	Tom Palmer	www.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 cap	AU$72.74b
Earnings (TTM)	-AU$4.10b
Revenue (TTM)	AU$20.02b

3.6x

P/S Ratio

-17.7x

P/E Ratio

Is NEM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NEM income statement (TTM)
Revenue	US$13.16b
Cost of Revenue	US$8.89b
Gross Profit	US$4.27b
Other Expenses	US$6.96b
Earnings	-US$2.69b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-2.34
Gross Margin	32.44%
Net Profit Margin	-20.48%
Debt/Equity Ratio	30.7%

How did NEM perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

-45%

Payout Ratio

Does NEM pay a reliable dividends?

See NEM dividend history and benchmarks

When do you need to buy NEM by to receive an upcoming dividend?
Newmont dividend dates
Ex Dividend Date	Jun 03 2024
Dividend Pay Date	Jun 27 2024
Days until Ex dividend	25 days
Days until Dividend pay date	49 days