NEMC.L Stock Overview

Engages in the production and exploration of gold. More details

NEMC.L fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	0/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 33.3% below our estimate of its fair value

Earnings are forecast to grow 34.13% per year

Risk Analysis

Dividend of 2.7% is not well covered by earnings or free cash flows

Shares are highly illiquid

My Notes

Capture your thoughts, links and company narrative

Newmont Corporation Competitors

Agnico Eagle Mines

NYSE:AEM

US$38.9b

AngloGold Ashanti

NYSE:AU

US$11.7b

Royal Gold

NasdaqGS:RGLD

US$8.9b

Compañía de Minas BuenaventuraA

NYSE:BVN

US$3.2b

Price History & Performance

Summary of share price highs, lows and changes for Newmont
Historical stock prices
Current Share Price	US$40.00
52 Week High	US$57.50
52 Week Low	US$33.97
Beta	0.50
1 Month Change	-16.23%
3 Month Change	-23.45%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	17.74%

Recent updates

Shareholder Returns

	NEMC.L	US Metals and Mining	US Market
7D	0%	-9.9%	-3.5%
1Y	n/a	-5.5%	22.1%

Return vs Industry: Insufficient data to determine how NEMC.L performed against the US Metals and Mining industry.

Return vs Market: Insufficient data to determine how NEMC.L performed against the US Market.

Price Volatility

Is NEMC.L's price volatile compared to industry and market?
NEMC.L volatility
NEMC.L Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	8.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.0%
10% least volatile stocks in US Market	3.1%

Stable Share Price: NEMC.L's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine NEMC.L's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1916	21,700	Tom Palmer	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, Papua New Guinea, Ecuador, Fiji, and Ghana.

Newmont Corporation Fundamentals Summary

How do Newmont's earnings and revenue compare to its market cap?
NEMC.L fundamental statistics
Market cap	US$42.66b
Earnings (TTM)	-US$1.29b
Revenue (TTM)	US$16.99b

2.5x

P/S Ratio

-32.5x

P/E Ratio

Is NEMC.L overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NEMC.L income statement (TTM)
Revenue	US$16.99b
Cost of Revenue	US$10.43b
Gross Profit	US$6.55b
Other Expenses	US$7.85b
Earnings	-US$1.29b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-1.14
Gross Margin	38.58%
Net Profit Margin	-7.61%
Debt/Equity Ratio	28.6%

How did NEMC.L perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

-86%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 21:54
End of Day Share Price	2024/12/09 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Newmont Corporation is covered by 63 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
David Coleman	Argus Research Company
Ishan Majumdar	Baptista Research
Farooq Hamed	Barclays