Newmont (NYSE:NEM) Stock Price & Quote Analysis

NEM fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	1/6
Financial Health	5/6
Dividends	4/6

NEM Stock Overview

Newmont Corporation engages in the production and exploration of gold.

Rewards

Trading at 28.1% below our estimate of its fair value

Earnings are forecast to grow 3.36% per year

Risk Analysis

Dividend of 4.91% is not well covered by earnings

Large one-off items impacting financial results

Profit margins (6%) are lower than last year (20.8%)

Newmont Corporation Competitors

Agnico Eagle Mines

NYSE:AEM

US$20.5b

Royal Gold

NasdaqGS:RGLD

US$6.9b

Compañía de Minas BuenaventuraA

NYSE:BVN

US$1.5b

Southern Copper

NYSE:SCCO

US$36.8b

Price History & Performance

Summary of all time highs, changes and price drops for Newmont
Historical stock prices
Current Share Price	US$44.78
52 Week High	US$86.37
52 Week Low	US$43.90
Beta	0.26
1 Month Change	-24.56%
3 Month Change	-34.41%
1 Year Change	-23.90%
3 Year Change	16.43%
5 Year Change	24.32%
Change since IPO	17.35%

Recent News & Updates

Jul 26

Newmont's (NYSE:NEM) Dividend Will Be $0.55

Newmont Corporation ( NYSE:NEM ) will pay a dividend of $0.55 on the 22nd of September. The dividend yield will be 4.9...

Jul 24

We Think Newmont (NYSE:NEM) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

	NEM	US Metals and Mining	US Market
7D	-0.4%	1.5%	1.1%
1Y	-23.9%	-11.7%	-13.0%

Return vs Industry: NEM underperformed the US Metals and Mining industry which returned -12.3% over the past year.

Return vs Market: NEM underperformed the US Market which returned -12.9% over the past year.

Price Volatility

Is NEM's price volatile compared to industry and market?
NEM volatility
NEM Average Weekly Movement	5.7%
Metals and Mining Industry Average Movement	9.6%
Market Average Movement	7.9%
10% most volatile stocks in US Market	17.1%
10% least volatile stocks in US Market	3.2%

Stable Share Price: NEM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: NEM's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1916	14,400	Tom Palmer	https://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, and Ghana.

Newmont Corporation Fundamentals Summary

How do Newmont's earnings and revenue compare to its market cap?
NEM fundamental statistics
Market Cap	US$35.54b
Earnings (TTM)	US$742.00m
Revenue (TTM)	US$12.37b

47.9x

P/E Ratio

2.9x

P/S Ratio

Is NEM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
NEM income statement (TTM)
Revenue	US$12.37b
Cost of Revenue	US$7.84b
Gross Profit	US$4.53b
Other Expenses	US$3.79b
Earnings	US$742.00m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.93
Gross Margin	36.61%
Net Profit Margin	6.00%
Debt/Equity Ratio	25.8%

How did NEM perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

236%

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	Sep 07 2022
Dividend Pay Date	Sep 22 2022
Days until Ex dividend	29 days
Days until Dividend pay date	44 days