NEM logo

Newmont BVL:NEM Stock Report

Last Price

US$37.20

Market Cap

US$43.4b

7D

-10.7%

1Y

-11.4%

Updated

22 Dec, 2024

Data

Company Financials +

Newmont Corporation

BVL:NEM Stock Report

Market Cap: US$43.4b

NEM Stock Overview

Engages in the production and exploration of gold. More details

NEM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health5/6
Dividends1/6

Rewards

Trading at 12.7% below our estimate of its fair value

Earnings are forecast to grow 34.13% per year

Analysts in good agreement that stock price will rise by 41.4%

Risk Analysis

Volatile share price over the past 3 months compared to the PE market


My Notes

Capture your thoughts, links and company narrative

Newmont Corporation Competitors

Compañía Minera Poderosa

BVL:PODERC1

S/6.4b

Sociedad Minera Cerro VerdeA

BVL:CVERDEC1

US$14.4b

Minsur

BVL:MINSURI1

S/13.1b

Shougang Hierro Perua

BVL:SHPC1

S/18.7b

Price History & Performance

Summary of share price highs, lows and changes for Newmont
Historical stock prices
Current Share PriceUS$37.20
52 Week HighUS$58.40
52 Week LowUS$29.91
Beta0.50
1 Month Change-14.19%
3 Month Change-33.09%
1 Year Change-11.43%
3 Year Change-36.25%
5 Year Changen/a
Change since IPO30.53%

Recent News & Updates

Recent updates

Shareholder Returns

NEMPE Metals and MiningPE Market
7D-10.7%0.4%0.1%
1Y-11.4%10.0%0.5%

Return vs Industry: NEM underperformed the PE Metals and Mining industry which returned 10% over the past year.

Return vs Market: NEM underperformed the PE Market which returned 0.5% over the past year.

Price Volatility

Is NEM's price volatile compared to industry and market?
NEM volatility
NEM Average Weekly Movement5.8%
Metals and Mining Industry Average Movement2.7%
Market Average Movement2.8%
10% most volatile stocks in PE Market7.4%
10% least volatile stocks in PE Market1.6%

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

Volatility Over Time: NEM's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of PE stocks.

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$43.39b
Earnings (TTM)-US$1.29b
Revenue (TTM)US$16.99b

2.6x

P/S Ratio

-33.6x

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)
RevenueUS$16.99b
Cost of RevenueUS$10.43b
Gross ProfitUS$6.55b
Other ExpensesUS$7.85b
Earnings-US$1.29b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.14
Gross Margin38.58%
Net Profit Margin-7.61%
Debt/Equity Ratio28.6%

How did NEM perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

-86%

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 DateNov 27 2024
Dividend Pay DateDec 23 2024
Days until Ex dividend25 days
Days until Dividend pay date1 day

Does NEM pay a reliable dividends?

See NEM dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 07:47
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Newmont Corporation is covered by 63 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David ColemanArgus Research Company
Ishan MajumdarBaptista Research
Farooq HamedBarclays