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Newmont (NEM)

(Delayed Data from NYSE)

$39.08 USD

39.08
9,030,949

-0.65 (-1.64%)

Updated Dec 8, 2023 04:00 PM ET

After-Market: $39.04 -0.04 (-0.10%) 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 Buy23.96%
2Buy17.61%
3Hold8.96%
4Sell4.80%
5Strong Sell2.32%
S&P50010.64%

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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.

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C Value D 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%.

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Bottom 44% (140 out of 251)

Industry: Mining - Miscellaneous

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Company Summary

Colorado-based Newmont Corporation is one of the world's largest producers of gold with several active mines in Nevada, Peru, Australia and Ghana. As of Dec 31, 2022, Newmont had gold mineral reserves of more than 96.1 million ounces. Its attributable gold production for 2022 was 6 million ounces.

Newmont’s operating segments are North America, South America, Australia and Africa.

The North America segment (25% of 2022 gold production) has operations in Mexico (Penasquito), Canada (Eleonore, Musselwhite and Porcupine) and in the United States in both Colorado and Nevada. The South ...

General Information

Newmont Corporation

6900 E LAYTON AVE SUITE 700

DENVER, CO 80237

Phone: 303-863-7414

Fax: 303-837-5837

Web: http://www.newmont.com

Email: investor.relations@newmont.com

Industry Mining - Miscellaneous
Sector Basic Materials
Fiscal Year End December
Last Reported Quarter 9/30/2023
Exp Earnings Date

This is an estimated date of earnings release. Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the Information on the Web site, including, but not limited to Information originated by Zacks Investment Research, Inc, licensed by Zacks Investment Research, Inc. from Information Providers, or gathered by Zacks Investment Research, Inc. from publicly available sources. There may be delays, omissions, or inaccuracies in the Information.

 2/22/2024

EPS Information

Current Quarter EPS Consensus Estimate 0.58
Current Year EPS Consensus Estimate 1.72
Estimated Long-Term EPS Growth Rate 11.60
Exp Earnings Date

This is an estimated date of earnings release. Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the Information on the Web site, including, but not limited to Information originated by Zacks Investment Research, Inc, licensed by Zacks Investment Research, Inc. from Information Providers, or gathered by Zacks Investment Research, Inc. from publicly available sources. There may be delays, omissions, or inaccuracies in the Information.

 2/22/2024

Price and Volume Information

Zacks Rank Premium
Yesterday's Close 39.73
52 Week High 60.08
52 Week Low 33.59
Beta 0.43
20 Day Moving Average 13,349,933.00
Target Price Consensus 53.66

NEM

% Price Change
4 Week 14.27
12 Week -3.10
YTD -17.20
% Price Change Relative to S&P 500
4 Week 9.58
12 Week -6.34
YTD -30.96
Share Information
Shares Outstanding (millions) 794.80
Market Capitalization (millions) 31,060.79
Short Ratio 1.00
Last Split Date 4/22/1994
Dividend Information
Dividend Yield 4.09%
Annual Dividend $1.60
Payout Ratio 1.05
Change in Payout Ratio 0.34
Last Dividend Payout / Amount 11/29/2023 / $0.40

Fundamental Ratios

P/E
P/E (F1) 22.75
Trailing 12 Months 25.54
PEG Ratio 1.96
EPS Growth
vs. Previous Year 33.33%
vs. Previous Quarter 9.09%
   
Sales Growth
vs. Previous Year -5.35%
vs. Previous Quarter -7.08%
   
Price Ratios
Price/Book 1.61
Price/Cash Flow 8.49
Price / Sales 2.81
ROE
9/30/23 6.28
6/30/23 5.74
3/31/23 6.05
ROA
9/30/23 3.19
6/30/23 2.97
3/31/23 3.19
Current Ratio
9/30/23 2.12
6/30/23 2.28
3/31/23 2.38
Quick Ratio
9/30/23 1.72
6/30/23 1.87
3/31/23 2.00
Operating Margin
9/30/23 11.04
6/30/23 10.24
3/31/23 10.73
Net Margin
9/30/23 -7.35
6/30/23 -6.77
3/31/23 -4.55
Pre-Tax Margin
9/30/23 -2.82
6/30/23 -2.22
3/31/23 -1.21
Book Value
9/30/23 24.23
6/30/23 24.43
3/31/23 24.61
Inventory Turnover
9/30/23 5.77
6/30/23 6.11
3/31/23 6.57
Debt-to-Equity
9/30/23 0.31
6/30/23 0.31
3/31/23 0.31
Debt to Capital
9/30/23 23.73
6/30/23 23.65
3/31/23 23.54