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NEM

Newmont NYSE:NEM Stock Report

Last Price

US$48.67

Market Cap

US$38.6b

7D

6.2%

1Y

-11.0%

Updated

04 Dec, 2022

Data

Company Financials +
NEM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends3/6

NEM Stock Overview

Newmont Corporation engages in the production and exploration of gold.

Newmont Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Newmont
Historical stock prices
Current Share PriceUS$48.67
52 Week HighUS$86.37
52 Week LowUS$37.45
Beta0.26
1 Month Change18.74%
3 Month Change16.80%
1 Year Change-10.98%
3 Year Change22.29%
5 Year Change37.49%
Change since IPO27.55%

Recent News & Updates

Newmont (NYSE:NEM) Will Pay A Dividend Of $0.55

Nov 27
Newmont (NYSE:NEM) Will Pay A Dividend Of $0.55

Newmont (NYSE:NEM) Has Affirmed Its Dividend Of $0.55

Nov 13
Newmont (NYSE:NEM) Has Affirmed Its Dividend Of $0.55

Recent updates

Newmont (NYSE:NEM) Will Pay A Dividend Of $0.55

Nov 27
Newmont (NYSE:NEM) Will Pay A Dividend Of $0.55

Newmont (NYSE:NEM) Has Affirmed Its Dividend Of $0.55

Nov 13
Newmont (NYSE:NEM) Has Affirmed Its Dividend Of $0.55

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

Oct 30
Newmont's (NYSE:NEM) Dividend Will Be $0.55

Is Newmont (NYSE:NEM) Using Too Much Debt?

Oct 24
Is Newmont (NYSE:NEM) Using Too Much Debt?

Newmont (NYSE:NEM) Will Pay A Dividend Of $0.55

Aug 10
Newmont (NYSE:NEM) Will Pay A Dividend Of $0.55

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

Jul 26
Newmont's (NYSE:NEM) Dividend Will Be $0.55

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

Jul 24
We Think Newmont (NYSE:NEM) Can Stay On Top Of Its Debt

Is There An Opportunity With Newmont Corporation's (NYSE:NEM) 39% Undervaluation?

Jul 06
Is There An Opportunity With Newmont Corporation's (NYSE:NEM) 39% Undervaluation?

Newmont (NYSE:NEM) Is Due To Pay A Dividend Of US$0.55

May 23
Newmont (NYSE:NEM) Is Due To Pay A Dividend Of US$0.55

Newmont (NYSE:NEM) Will Pay A Dividend Of US$0.55

May 09
Newmont (NYSE:NEM) Will Pay A Dividend Of US$0.55

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

Apr 25
Newmont's (NYSE:NEM) Dividend Will Be US$0.55

Is There An Opportunity With Newmont Corporation's (NYSE:NEM) 36% Undervaluation?

Apr 06
Is There An Opportunity With Newmont Corporation's (NYSE:NEM) 36% Undervaluation?

Newmont (NYSE:NEM) Seems To Use Debt Quite Sensibly

Mar 22
Newmont (NYSE:NEM) Seems To Use Debt Quite Sensibly

Newmont Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Feb 27
Newmont Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Newmont (NYSE:NEM) Has Re-Affirmed Its Dividend Of US$0.55

Feb 24
Newmont (NYSE:NEM) Has Re-Affirmed Its Dividend Of US$0.55

We Think Newmont (NYSE:NEM) Can Manage Its Debt With Ease

Dec 20
We Think Newmont (NYSE:NEM) Can Manage Its Debt With Ease

Is Newmont Corporation (NYSE:NEM) Trading At A 27% Discount?

Nov 18
Is Newmont Corporation (NYSE:NEM) Trading At A 27% Discount?

Newmont (NYSE:NEM) Has A Rock Solid Balance Sheet

Aug 23
Newmont (NYSE:NEM) Has A Rock Solid Balance Sheet

Pinning Down Newmont Corporation's (NYSE:NEM) P/E Is Difficult Right Now

Aug 02
Pinning Down Newmont Corporation's (NYSE:NEM) P/E Is Difficult Right Now

Shareholder Returns

NEMUS Metals and MiningUS Market
7D6.2%4.9%1.5%
1Y-11.0%10.4%-14.9%

Return vs Industry: NEM underperformed the US Metals and Mining industry which returned 10.4% over the past year.

Return vs Market: NEM exceeded the US Market which returned -14.9% over the past year.

Price Volatility

Is NEM's price volatile compared to industry and market?
NEM volatility
NEM Average Weekly Movement5.9%
Metals and Mining Industry Average Movement9.3%
Market Average Movement7.4%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.3%

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

FoundedEmployeesCEOWebsite
191614,400Tom Palmerhttps://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 CapUS$38.63b
Earnings (TTM)US$968.00m
Revenue (TTM)US$12.11b

39.9x

P/E Ratio

3.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NEM income statement (TTM)
RevenueUS$12.11b
Cost of RevenueUS$7.92b
Gross ProfitUS$4.18b
Other ExpensesUS$3.21b
EarningsUS$968.00m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 23, 2023

Earnings per share (EPS)1.22
Gross Margin34.54%
Net Profit Margin8.00%
Debt/Equity Ratio26.0%

How did NEM perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

180%

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 DateDec 07 2022
Dividend Pay DateDec 29 2022
Days until Ex dividend2 days
Days until Dividend pay date24 days

Does NEM pay a reliable dividends?

See NEM dividend history and benchmarks