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Newmont (NEM)

(Delayed Data from NYSE)

$38.60 USD

38.60
11,974,059

+0.89 (2.36%)

Updated Apr 24, 2024 04:00 PM ET

After-Market: $38.59 -0.01 (-0.03%) 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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 C Growth D Momentum D 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

Top 38% (95 out of 252)

Industry: Mining - Miscellaneous

Better trading starts here.

Zacks News

Newmont Corporation (NEM) Dips More Than Broader Markets: What You Should Know

In the latest trading session, Newmont Corporation (NEM) closed at $40.29, marking a -0.44% move from the previous day.

Newmont's (NEM) Newcrest Deal Advances With Regulatory Approvals

Newmont (NEM) received regulatory clearance for acquiring Newcrest with approvals from Australia's FIRB and Japan's JFTC.

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

Newmont Corporation (NEM) closed the most recent trading day at $39.26, moving +1.13% from the previous trading session.

Newmont (NEM) Receives Australia Clearance to Acquire Newcrest

Newmont (NEM) receives Australian Competition & Consumer Commission's clearance to acquire Newcrest, which takes the merger closer to completion.

Sanghamitra Saha headshot

Are Gold Bullion ETFs Better Bets Than Miners?

Gold bullion ETFs have higher chances of faring better than gold mining ETFs. Here's why.

Zacks Market Edge Highlights: Chevron, Exxon Mobil, Newmont, Freeport-McMoRan and The Hershey Company

Chevron, Exxon Mobil, Newmont, Freeport-McMoRan and The Hershey Company are part of the Zacks Market Edge blog.

Tracey Ryniec headshot

Gold, Copper, Energy and Cocoa: Hot or Not?

Price targets, trends and charts on some of 2023's most important commodities, and how to invest in them.

Newmont's (NEM) Newcrest Buyout Gets Korea's Approval

Newmont's (NEM) acquisition of Newcrest receives clearance from Korea Fair Trade Commission. It is progressing toward finalization with ongoing regulatory processes.

The Zacks Analyst Blog Highlights Chevron, NextEra, Chubb, Newmont and United Rentals

Chevron, NextEra, Chubb, Newmont and United Rentals are included in this Analyst Blog.

Sheraz Mian headshot

Top Research Reports for Chevron, NextEra Energy & Chubb

Today's Research Daily features new research reports on 16 major stocks, including Chevron Corporation (CVX), NextEra Energy, Inc. (NEE) and Chubb Limited (CB).

Newmont (NEM) Q2 Earnings and Sales Fall Short of Estimates

Newmont (NEM) misses Q2 estimates due to higher costs and lower production but remains optimistic about achieving its gold production targets and cost reduction in the second half of the year.

Newmont Corporation (NEM) Lags Q2 Earnings and Revenue Estimates

Newmont (NEM) delivered earnings and revenue surprises of -15.38% and 6.52%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Newmont (NEM) to Report Q2 Earnings: What's in the Cards?

Newmont (NEM) is likely to have benefited from improved production and lower costs in Q2 amid headwinds from lower gold prices.

Earnings Preview: Cleveland-Cliffs (CLF) Q2 Earnings Expected to Decline

Cleveland-Cliffs (CLF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Newmont Corporation (NEM) Dips More Than Broader Markets: What You Should Know

Newmont Corporation (NEM) closed the most recent trading day at $44.98, moving -1.08% from the previous trading session.

Newmont Corporation (NEM) Earnings Expected to Grow: Should You Buy?

Newmont (NEM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Monday.com and Macy's have been highlighted as Zacks Bull and Bear of the Day

Monday.com and Macy's are part of the Zacks Bull and Bear of the Day article.

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3 Large-Cap Stocks Seeing Recent Upgrades

Analysts have recently become optimistic surrounding these three stocks, raising their expectations. But are they worth a bet?

Newmont (NEM) Upgraded to Buy: Here's Why

Newmont (NEM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

NEM vs. WPM: Which Stock Should Value Investors Buy Now?

NEM vs. WPM: Which Stock Is the Better Value Option?

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

Newmont Corporation (NEM) closed at $43.04 in the latest trading session, marking a +0.89% move from the prior day.

Why Investors Need to Take Advantage of These 2 Basic Materials Stocks Now

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

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

Newmont Corporation (NEM) closed at $42.46 in the latest trading session, marking a -0.68% move from the prior day.

Nalak Das headshot

5 High-Yielding Stocks to Buy for a Stable Portfolio

We have narrowed our search to five high dividend paying stocks with strong potential for the rest of 2023. These are: CAG, CLX, BAP, KHC and NEM.