Newmont Corporation (NEM)
- Previous Close
38.55 - Open
38.50 - Bid --
- Ask --
- Day's Range
38.35 - 39.21 - 52 Week Range
29.42 - 50.18 - Volume
10,434,540 - Avg. Volume
14,331,060 - Market Cap (intraday)
44.982B - Beta (5Y Monthly) 0.54
- PE Ratio (TTM)
-- - EPS (TTM)
-3.00 - Earnings Date Apr 25, 2024
- Forward Dividend & Yield 1.00 (2.59%)
- Ex-Dividend Date Mar 4, 2024
- 1y Target Est
64.01
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. The company was founded in 1916 and is headquartered in Denver, Colorado.
www.newmont.comRecent News: NEM
Performance Overview: NEM
Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: NEM
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Statistics: NEM
Valuation Measures
Market Cap
44.44B
Enterprise Value
50.85B
Trailing P/E
--
Forward P/E
14.64
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
2.74
Price/Book (mrq)
1.53
Enterprise Value/Revenue
4.31
Enterprise Value/EBITDA
158.91
Financial Highlights
Profitability and Income Statement
Profit Margin
-21.11%
Return on Assets (ttm)
0.94%
Return on Equity (ttm)
-10.23%
Revenue (ttm)
11.81B
Net Income Avi to Common (ttm)
-2.52B
Diluted EPS (ttm)
-3.00
Balance Sheet and Cash Flow
Total Cash (mrq)
3.02B
Total Debt/Equity (mrq)
32.67%
Levered Free Cash Flow (ttm)
-564.37M
Research Analysis: NEM
Analyst Price Targets
Fair Value
Analyst Recommendations
Earnings
Research Reports: NEM
Analyst Report: Newmont Corporation
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 6.9 million ounces of gold in 2024. However, after buying Newcrest, Newmont is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at end December 2023.
RatingBullishPrice TargetMid Cap U.S. Pick List April 2024
This pick list highlights constituents of the Morningstar US Mid Cap Index that we believe offer investors the best risk-adjusted return prospects. The market capitalization range for U.S. mid-caps typically falls between $1 billion and $8 billion and represents 20% of the total capitalization of the U.S. equity market.
Analyst Report: Newmont Corporation
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 6.9 million ounces of gold in 2024. However, after buying Newcrest, Newmont is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at end December 2023.
RatingBullishPrice TargetAnalyst Report: Newmont Corporation
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 6.9 million ounces of gold in 2024. However, after buying Newcrest, Newmont is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at end December 2023.
RatingBullishPrice Target