Newmont Corporation (NEM)
- Previous Close
43.41 - Open
43.24 - Bid 42.68 x 1000
- Ask 42.71 x 1100
- Day's Range
42.50 - 43.39 - 52 Week Range
29.42 - 50.18 - Volume
14,047,011 - Avg. Volume
14,901,868 - Market Cap (intraday)
49.259B - Beta (5Y Monthly) --
- PE Ratio (TTM)
-- - EPS (TTM)
-3.27 - Earnings Date Jul 18, 2024 - Jul 22, 2024
- Forward Dividend & Yield 1.00 (2.34%)
- Ex-Dividend Date Jun 4, 2024
- 1y Target Est
63.03
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 4/26/2024, 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
49.26B
Enterprise Value
56.37B
Trailing P/E
--
Forward P/E
13.02
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
3.02
Price/Book (mrq)
1.71
Enterprise Value/Revenue
4.28
Enterprise Value/EBITDA
131.09
Financial Highlights
Profitability and Income Statement
Profit Margin
-20.33%
Return on Assets (ttm)
1.54%
Return on Equity (ttm)
-10.98%
Revenue (ttm)
13.16B
Net Income Avi to Common (ttm)
-2.69B
Diluted EPS (ttm)
-3.27
Balance Sheet and Cash Flow
Total Cash (mrq)
2.36B
Total Debt/Equity (mrq)
32.56%
Levered Free Cash Flow (ttm)
-3.48B
Research Analysis: NEM
Company Insights: NEM
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
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.
RatingPrice 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.
RatingPrice 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.
RatingPrice 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.