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Newmont NYSE:NEM Stock Report

Last Price

US$48.42

Market Cap

US$55.1b

7D

-15.9%

1Y

25.1%

Updated

28 Oct, 2024

Data

Company Financials +

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US$51.36
FV
5.7% undervalued intrinsic discount
12.93%
Revenue growth p.a.
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3 months ago author updated this narrative

Newmont Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Newmont
Historical stock prices
Current Share PriceUS$48.42
52 Week HighUS$58.72
52 Week LowUS$29.42
Beta0.51
11 Month Change-10.17%
3 Month Change2.13%
1 Year Change25.12%
33 Year Change-10.83%
5 Year Change24.51%
Change since IPO382.35%

Recent News & Updates

Newmont: Improved Free Cash Flow Generation On The Back Of Record Gold Prices

Oct 24

Recent updates

Newmont: Improved Free Cash Flow Generation On The Back Of Record Gold Prices

Oct 24

5 Reasons Newmont Is Still A Buy

Sep 30

Does This Valuation Of Newmont Corporation (NYSE:NEM) Imply Investors Are Overpaying?

Sep 23
Does This Valuation Of Newmont Corporation (NYSE:NEM) Imply Investors Are Overpaying?

Newmont Corporation: Valuation Driven By Investor FOMO

Sep 06

Newmont's (NYSE:NEM) Returns On Capital Are Heading Higher

Sep 05
Newmont's (NYSE:NEM) Returns On Capital Are Heading Higher

Newmont: The 'Time Has Come' As Powell Signals Cut

Aug 26

Newmont Corporation's (NYSE:NEM) Popularity With Investors Is Under Threat From Overpricing

Aug 13
Newmont Corporation's (NYSE:NEM) Popularity With Investors Is Under Threat From Overpricing

Results: Newmont Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

Jul 26
Results: Newmont Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

Let's Preview Newmont's Q2 Earnings

Jul 23

Teck Resources And Newmont Corp: A Golden Long/Short In The Mining Space

Jul 08

2 Of My Top Gold Stocks For This Gold Bull Market: Newmont And Sandstorm

Jun 26

Newmont: Why It Could Be A Great Time To Take Profits

Jun 12

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

Jun 04
We Think Newmont (NYSE:NEM) Can Stay On Top Of Its Debt

Newmont: Recent M&A Pushes Reserves To Record Highs

Jun 02

Newmont: Optimism Priced In (Rating Downgrade)

May 16

What Newmont Corporation's (NYSE:NEM) P/S Is Not Telling You

May 14
What Newmont Corporation's (NYSE:NEM) P/S Is Not Telling You

Newmont Is Too Cheap To Ignore

May 07

Newmont Q1 Earnings: A Solid Buy-The-Dip Candidate

Apr 25

Newmont: Why I Disagree With The Crowd

Apr 18

Calculating The Intrinsic Value Of Newmont Corporation (NYSE:NEM)

Apr 10
Calculating The Intrinsic Value Of Newmont Corporation (NYSE:NEM)

Why Newmont Stock Is A Strong Golden Pick

Apr 08

Newmont: I Am Adding This 3% Yielding Miner To My Portfolio

Mar 18

Looking For A Spark: Newmont Corporation (Technical Analysis)

Mar 08

Shareholder Returns

NEMUS Metals and MiningUS Market
7D-15.9%-3.6%-0.9%
1Y25.1%32.5%38.9%

Return vs Industry: NEM underperformed the US Metals and Mining industry which returned 32.5% over the past year.

Return vs Market: NEM underperformed the US Market which returned 38.9% over the past year.

Price Volatility

Is NEM's price volatile compared to industry and market?
NEM volatility
NEM Average Weekly Movement5.5%
Metals and Mining Industry Average Movement8.1%
Market Average Movement6.1%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.0%

Stable Share Price: NEM has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: NEM's weekly volatility (5%) has been stable over the past year.

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$55.12b
Earnings (TTM)-US$1.29b
Revenue (TTM)US$16.99b

3.2x

P/S Ratio

-42.6x

P/E Ratio

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

2.1%

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 dividend30 days
Days until Dividend pay date56 days

Does NEM pay a reliable dividends?

See NEM dividend history and benchmarks