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Newmont (NEM)

(Delayed Data from NYSE)

$53.06 USD

53.06
9,038,672

-0.05 (-0.09%)

Updated Sep 18, 2024 04:00 PM ET

After-Market: $53.50 +0.44 (0.83%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value B Growth D Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 45% (138 out of 250)

Industry: Mining - Gold

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Better trading starts here.

Zacks News

Newmont Corporation (NEM) Stock Falls Amid Market Uptick: What Investors Need to Know

by Zacks Equity Research

Newmont Corporation (NEM) concluded the recent trading session at $53.11, signifying a -0.04% move from its prior day's close.

Newmont Corporation (NEM) Is a Trending Stock: Facts to Know Before Betting on It

by Zacks Equity Research

Recently, Zacks.com users have been paying close attention to Newmont (NEM). This makes it worthwhile to examine what the stock has in store.

Should Vanguard Mid-Cap Value ETF (VOE) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for VOE

Zacks Market Edge Highlights: GLD, GLDM, Newmont, Barrick Gold and Royal Gold

by Zacks Equity Research

GLD, GLDM, Newmont, Barrick Gold and Royal Gold have been highlighted in this Market Edge article.

Tracey Ryniec headshot

3 Gold Stocks to Buy Right Now

by Tracey Ryniec

Gold is making new all-time highs in 2024. Should you buy a gold stock?

Anindya Barman headshot

AEM Stock, Riding Gold Price Rally, Up 41%: Buy, Sell or Hold?

by Anindya Barman

While AEM is well-placed on a strong pipeline of growth projects, solid financial health and a healthy growth trajectory, its high costs warrant caution.

Madhurima Das headshot

IAMGOLD Stock Rises 39% in 3 Months: How Should You Play the Stock?

by Madhurima Das

IAG gets a boost, with the Cote mine delivering a full quarter of production. Let's find out if this rally will last and this is a good time to invest in IAG.

Newmont Corporation (NEM) Stock Sinks As Market Gains: What You Should Know

by Zacks Equity Research

Newmont Corporation (NEM) concluded the recent trading session at $50.74, signifying a -1.09% move from its prior day's close.

Newmont Sells Telfer and Havieron to Greatland Gold for $475M

by Zacks Equity Research

NEM is selling its Telfer operation and Havieron project to Greatland Gold plc as part of its non-core asset divestiture strategy.

Is It Worth Investing in Newmont (NEM) Based on Wall Street's Bullish Views?

by Zacks Equity Research

According to the average brokerage recommendation (ABR), one should invest in Newmont (NEM). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Anindya Barman headshot

Does Newmont's 25% Gain in 3 Months Justify Buying the Stock Now?

by Anindya Barman

While NEM's robust portfolio of projects and a healthy growth trajectory paint a promising picture, its high production costs warrant caution.

Tracey Ryniec headshot

5 Top Red-Hot Stocks to Buy Now

by Tracey Ryniec

he hottest stocks might not be those you think. Look past AI and technology stocks.

Nalak Das headshot

Buy 5 High-Flying Old Economy Stocks With Solid Estimate Revisions

by Nalak Das

5 surging old economy stocks with strong earnings estimate revisions are: NEM, PH, CR, HWM, JPM.

Methanex Expands With the $2B Acquisition of OCI's Methanol Business

by Zacks Equity Research

MEOH acquires OCI's methanol business for $2.05 billion, boosting global production and entering the ammonia market.

Is Newmont (NEM) Outperforming Other Basic Materials Stocks This Year?

by Zacks Equity Research

Here is how Newmont Corporation (NEM) and Sylvamo Corporation (SLVM) have performed compared to their sector so far this year.

FMC Shares Rise 10% in 3 Months: What's Driving the Stock?

by Zacks Equity Research

FMC gains on its efforts to expand its product portfolio through new product launches and restructuring and cost-reduction actions.

Should You Invest in the Invesco S&P 500 Equal Weight Materials ETF (RSPM)?

by Zacks Equity Research

Sector ETF report for RSPM

Avient Prices $650 Million Senior Notes Offering Due 2031

by Zacks Equity Research

AVNT announces the pricing of its $650-million senior notes offering due 2031 to redeem outstanding 2025 notes.

Here's Why You Should Hold Onto Eastman Chemical Stock for Now

by Zacks Equity Research

While EMN faces headwinds from weak demand and inventory de-stocking in certain markets, it benefits from cost management, pricing actions and innovation.

PPG Industries to Exhibit Digital & Sustainable Solutions in Frankfurt

by Zacks Equity Research

Demonstrations of PPG's latest digital technologies will include tools from the PPG LINQ digital ecosystem that improve body shop precision and productivity.

Newmont Corporation (NEM) Increases Despite Market Slip: Here's What You Need to Know

by Zacks Equity Research

The latest trading day saw Newmont Corporation (NEM) settling at $51.93, representing a +0.62% change from its previous close.

Cabot's Shares Rise 18% in Six Months: What's Driving the Stock?

by Zacks Equity Research

CBT's upside is fueled by strong segment performance, consistent earnings beat and an upbeat fiscal 2024 outlook.

Zacks.com featured highlights include Erie Indemnity, Sprouts Farmers Market, Newmont and Unilever

by Zacks Equity Research

Erie Indemnity, Sprouts Farmers Market, Newmont and Unilever are part of the Zacks Screen of the Week article.

Anindya Barman headshot

Barrick's Shares Gain 11% in a Month: Time to Buy the Stock?

by Anindya Barman

While GOLD's actions to drive production, solid financial health and healthy growth trajectory paint a promising picture, its high costs warrant caution.

Element Solutions Agrees to Divest MacDermid Graphics Solutions

by Zacks Equity Research

ESI's portfolio will be more concentrated and better positioned for faster growth and higher cash flow conversion in the future.