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Newmont NYSE:NEM Stock Report

Last Price

US$44.51

Market Cap

US$50.0b

7D

6.3%

1Y

5.4%

Updated

05 Jul, 2024

Data

Company Financials +

Newmont Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Newmont
Historical stock prices
Current Share PriceUS$44.51
52 Week HighUS$45.92
52 Week LowUS$29.42
Beta0.49
11 Month Change8.30%
3 Month Change12.26%
1 Year Change5.37%
33 Year Change-30.43%
5 Year Change12.91%
Change since IPO343.40%

Recent News & Updates

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

Recent updates

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

Newmont Q4 Results: Don't Miss The Forest For The Trees

Feb 22

Newmont: Asymmetric Risk/Reward Makes It A Strong Buy Here

Feb 10

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

Jan 26
Newmont Corporation's (NYSE:NEM) Popularity With Investors Is Under Threat From Overpricing

Buy The Plunge In Newmont: Get Gold Exposure And A Near 5% Yield

Jan 22

Global Leader In Gold Seeks To Dig Out Copper Niche

Jan 09

Is Newmont (NYSE:NEM) A Risky Investment?

Jan 04
Is Newmont (NYSE:NEM) A Risky Investment?

Gold Is My Highest Conviction Pick For 2024: Consider Newmont Stock

Jan 02

Newmont Corporation's (NYSE:NEM) Intrinsic Value Is Potentially 44% Above Its Share Price

Dec 14
Newmont Corporation's (NYSE:NEM) Intrinsic Value Is Potentially 44% Above Its Share Price

Newmont: Brighter Macro Conditions, Better Technical Factors Warrant An Upgrade

Nov 27

Shareholder Returns

NEMUS Metals and MiningUS Market
7D6.3%4.3%1.8%
1Y5.4%22.1%24.0%

Return vs Industry: NEM underperformed the US Metals and Mining industry which returned 22.1% over the past year.

Return vs Market: NEM underperformed the US Market which returned 24% over the past year.

Price Volatility

Is NEM's price volatile compared to industry and market?
NEM volatility
NEM Average Weekly Movement5.4%
Metals and Mining Industry Average Movement7.5%
Market Average Movement5.7%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market2.8%

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

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$50.00b
Earnings (TTM)-US$2.69b
Revenue (TTM)US$13.16b

3.9x

P/S Ratio

-19.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NEM income statement (TTM)
RevenueUS$13.16b
Cost of RevenueUS$8.89b
Gross ProfitUS$4.27b
Other ExpensesUS$6.96b
Earnings-US$2.69b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 24, 2024

Earnings per share (EPS)-2.34
Gross Margin32.44%
Net Profit Margin-20.48%
Debt/Equity Ratio30.7%

How did NEM perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

-45%

Payout Ratio
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