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Newmont (NEM)

(Real Time Quote from BATS)

$41.60 USD

41.60
6,943,600

+3.00 (7.77%)

Updated Apr 25, 2024 10:30 AM 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%

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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 F 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%.

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

Top 37% (93 out of 251)

Industry: Mining - Miscellaneous

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Zacks News

Newmont (NEM) Is Considered a Good Investment by Brokers: Is That True?

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?

Newmont (NEM) Defers Peru Project to Optimize Portfolio

by Zacks Equity Research

Newmont (NEM) defers Yanacocha Sulfides project in Peru, prioritizing portfolio optimization and maximizing returns for shareholders.

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

by Zacks Equity Research

In the latest trading session, Newmont Corporation (NEM) closed at $43.10, marking a -1.67% move from the previous day.

NEM or WPM: Which Is the Better Value Stock Right Now?

by Zacks Equity Research

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

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

by Zacks Equity Research

Newmont Corporation (NEM) closed the most recent trading day at $42.04, moving +1.4% from the previous trading session.

Royal Gold (RGLD) Gives Update on Penasquito Operation Halt

by Zacks Equity Research

Royal Gold (RGLD) provides an update on Newmont halting operations at the Penasquito mine in Mexico.

Newmont Corporation (NEM) Gains But Lags Market: What You Should Know

by Zacks Equity Research

Newmont Corporation (NEM) closed the most recent trading day at $41.99, moving +0.17% from the previous trading session.

Wall Street Analysts See Newmont (NEM) as a Buy: Should You Invest?

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?

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

by Zacks Equity Research

In the latest trading session, Newmont Corporation (NEM) closed at $41.92, marking a -0.4% move from the previous day.

Ethan Feller headshot

Central Banks Amass Record-Breaking Gold Reserves: A Golden Opportunity for Investors?

by Ethan Feller

Although there have been complaints from Wall St about gold???s lackluster hedging abilities, the yellow metal has performed quite well over the last five years

New Strong Buy Stocks for June 5th

by Zacks Equity Research

NEM, KMT, VIPS, NVO and BAMXF have been added to the Zacks Rank #1 (Strong Buy) List on June 5, 2023.

Best Income Stocks to Buy for June 5th

by Zacks Equity Research

NEM, KMT and RYI made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 5, 2023.

Is Invesco S&P 500 Equal Weight Materials ETF (RTM) a Strong ETF Right Now?

by Zacks Equity Research

Smart Beta ETF report for RTM

Newmont Corporation (NEM) Stock Moves -0.69%: What You Should Know

by Zacks Equity Research

In the latest trading session, Newmont Corporation (NEM) closed at $40.40, marking a -0.69% move from the previous day.

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

by Zacks Equity Research

Sector ETF report for RTM

Sanghamitra Saha headshot

ETFs in Focus After Mixed-Bag Gold Mining Q1 Results

by Sanghamitra Saha

Gold mining ETFs reported a decline in the past one month following mixed-to-downbeat Q1 earnings results.

Company News for May 16, 2023

by Zacks Equity Research

Companies In The News Are: OKE, MMP, NEM, WDC, SHAK.

Newmont (NEM) Buys Newcrest, Creates Industry-Leading Portfolio

by Zacks Equity Research

Newcrest shareholders will get 0.400 Newmont (NEM) shares for each Newcrest share, as well as a special dividend of up to $1.10 per share paid by Newcrest, representing a 30.4% premium.

Sweta Killa headshot

ETFs to Tap on Newmont-Newcrest Takeover Deal

by Sweta Killa

Newmont (NEM) has agreed to buy Australian gold and copper miner Newcrest for $17.5 billion. If completed, the acquisition would be the largest-ever gold-mining deal.

Should iShares Morningstar Mid-Cap Value ETF (IMCV) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for IMCV

Jeremy Mullin headshot

5 Popular Ways to Invest in Gold: Which One is Right for You?

by Jeremy Mullin

Gold holds $2,000 as First Republic is set to be added to the list of 2023 bank failures.

Newmont Corporation (NEM) Q1 Earnings Surpass Estimates

by Zacks Equity Research

Newmont (NEM) delivered earnings and revenue surprises of 21.21% and 6.37%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Newmont's (NEM) Q1 Earnings Top, Revenues Lag Estimates

by Zacks Equity Research

Higher costs and lower gold production hurt Newmont's (NEM) first-quarter performance.

Newmont (NEM) to Report Q1 Earnings: What's in the Offing?

by Zacks Equity Research

Newmont's (NEM) first-quarter results are expected to reflect improved grades across a number of mines, improved gold prices and lower unit costs.

Earnings Preview: Newmont Corporation (NEM) Q1 Earnings Expected to Decline

by Zacks Equity Research

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.