NEM Stock Overview
Newmont Corporation engages in the production and exploration of gold.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Newmont Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$39.00 |
| 52 Week High | US$43.90 |
| 52 Week Low | US$29.91 |
| Beta | 0.54 |
| 1 Month Change | 14.84% |
| 3 Month Change | 10.11% |
| 1 Year Change | -21.78% |
| 3 Year Change | -39.66% |
| 5 Year Change | n/a |
| Change since IPO | 36.84% |
Recent News & Updates
Recent updates
Shareholder Returns
| NEM | PE Metals and Mining | PE Market | |
|---|---|---|---|
| 7D | 1.6% | 2.3% | -2.7% |
| 1Y | -21.8% | 24.3% | 8.0% |
Return vs Industry: NEM underperformed the PE Metals and Mining industry which returned 24.3% over the past year.
Return vs Market: NEM underperformed the PE Market which returned 8% over the past year.
Price Volatility
| NEM volatility | |
|---|---|
| NEM Average Weekly Movement | 4.7% |
| Metals and Mining Industry Average Movement | 4.4% |
| Market Average Movement | 3.5% |
| 10% most volatile stocks in PE Market | 7.0% |
| 10% least volatile stocks in PE Market | 1.0% |
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
| 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
| NEM fundamental statistics | |
|---|---|
| Market cap | US$43.20b |
| Earnings (TTM) | -US$2.52b |
| Revenue (TTM) | US$11.81b |
3.7x
P/S Ratio-17.2x
P/E RatioIs NEM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NEM income statement (TTM) | |
|---|---|
| Revenue | US$11.81b |
| Cost of Revenue | US$8.23b |
| Gross Profit | US$3.58b |
| Other Expenses | US$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 Margin | 30.31% |
| Net Profit Margin | -21.34% |
| Debt/Equity Ratio | 30.4% |
How did NEM perform over the long term?
See historical performance and comparison