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Newmont NYSE:NEM Stock Report

Last Price

US$51.45

Market Cap

US$58.7b

7D

5.0%

1Y

33.3%

Updated

20 Aug, 2024

Data

Company Financials +

NEM Stock Overview

Engages in the production and exploration of gold.

NEM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance0/6
Financial Health5/6
Dividends1/6

Community Narratives

Narratives bring a range of perspectives from our community.

US$51.36
FV
0.2% overvalued intrinsic discount
12.93%
Revenue growth p.a.
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14 days agoauthor 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$51.45
52 Week HighUS$52.07
52 Week LowUS$29.42
Beta0.49
11 Month Change9.47%
3 Month Change21.37%
1 Year Change33.29%
33 Year Change-10.49%
5 Year Change26.26%
Change since IPO412.54%

Recent News & Updates

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

Recent updates

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

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

Shareholder Returns

NEMUS Metals and MiningUS Market
7D5.0%2.4%3.1%
1Y33.3%16.9%25.4%

Return vs Industry: NEM exceeded the US Metals and Mining industry which returned 16.9% over the past year.

Return vs Market: NEM exceeded the US Market which returned 25.4% over the past year.

Price Volatility

Is NEM's price volatile compared to industry and market?
NEM volatility
NEM Average Weekly Movement4.5%
Metals and Mining Industry Average Movement7.8%
Market Average Movement6.3%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.2%

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

Volatility Over Time: NEM's weekly volatility (4%) 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$58.74b
Earnings (TTM)-US$2.01b
Revenue (TTM)US$14.88b

4.0x

P/S Ratio

-29.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NEM income statement (TTM)
RevenueUS$14.88b
Cost of RevenueUS$9.53b
Gross ProfitUS$5.35b
Other ExpensesUS$7.36b
Earnings-US$2.01b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.75
Gross Margin35.94%
Net Profit Margin-13.51%
Debt/Equity Ratio29.4%

How did NEM perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

-58%

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 DateSep 05 2024
Dividend Pay DateSep 30 2024
Days until Ex dividend15 days
Days until Dividend pay date40 days

Does NEM pay a reliable dividends?

See NEM dividend history and benchmarks