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Newmont Mining (NEM)
NYSE:NEM
Newmont Mining (NEM) Stock Price & Analysis
3,807 Followers
NEM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$29.19 - $49.53
Previous Close$39.65
Volume16.29M
Average Volume (3M)14.05M
Market Cap
$45.42B
Enterprise Value$48.26B
Total Cash (Recent Filing)$3.21B
Total Debt (Recent Filing)$5.58B
Price to Earnings (P/E)-16.6
Beta0.64
Next Earnings
Apr 25, 2024EPS Estimate
$0.41Last Dividend Ex-Date
Mar 04, 2024Dividend Yield3.66%
Share Statistics
EPS (TTM)-2.38
Shares Outstanding1,152,551,607
10 Day Avg. Volume13,416,064
30 Day Avg. Volume14,049,043
Standard Deviation0.10
R-Squared0.07
Alpha0.00221
Financial Highlights & Ratios
Price to Book (P/B)1.76
Price to Sales (P/S)3.83
Price to Cash Flow (P/CF)21.10
P/FCF Ratio17.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.36
Enterprise Value/Gross Profit8.86
Enterprise Value/Ebitda27.75
Forecast
1Y Price Target
$43.32Price Target Upside9.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Newmont Mining News
PremiumGlobal Markets
Roth MKM: Gold Prices Could Hit $2,600
Ownership Overview
0.47% Insiders
18.22% Mutual Funds
26.75% Other Institutional Investors
54.56% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NEM FAQ
What was Newmont Mining’s price range in the past 12 months?
Newmont Mining lowest stock price was $29.19 and its highest was $49.53 in the past 12 months.
What is Newmont Mining’s market cap?
Currently, no data Available
When is Newmont Mining’s upcoming earnings report date?
Newmont Mining’s upcoming earnings report date is Apr 25, 2024 which is in 9 days.
How were Newmont Mining’s earnings last quarter?
Newmont Mining released its earnings results on Feb 22, 2024. The company reported $0.5 earnings per share for the quarter, beating the consensus estimate of $0.438 by $0.062.
Is Newmont Mining overvalued?
According to Wall Street analysts Newmont Mining’s price is currently Undervalued.
Does Newmont Mining pay dividends?
Newmont Mining pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 3.66%. See more information on Newmont Mining dividends here
What is Newmont Mining’s EPS estimate?
Newmont Mining’s EPS estimate is $0.41.
How many shares outstanding does Newmont Mining have?
Newmont Mining has 1,152,787,000 shares outstanding.
What happened to Newmont Mining’s price movement after its last earnings report?
Newmont Mining reported an EPS of $0.5 in its last earnings report, beating expectations of $0.438. Following the earnings report the stock price went down -7.597%.
Which hedge fund is a major shareholder of Newmont Mining?
Among the largest hedge funds holding Newmont Mining’s share is First Eagle Investment Management LLC. It holds Newmont Mining’s shares valued at 983M.
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Newmont Mining Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$43.32 (9.95% Upside)
$43.32 (9.95% Upside)
Blogger Sentiment
Bullish
NEM Sentiment 90%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Increased
By 7.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.3%
Last 30 Days >0.1%
Last 30 Days >0.1%
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-21.36%
12-Months-Change
Fundamentals
Return on Equity
-10.34%
Trailing 12-Months
Asset Growth
44.24%
Trailing 12-Months
Company Description
Newmont Mining
Newmont Corporation is a mining company and has the world’s largest gold reserve base in the industry. It engages in the exploration and production of gold, copper, silver, zinc, and lead.
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NEM Stock 12 Months Forecast
Average Price Target
$43.32
▲(9.95% Upside)
Technical Analysis
Best Analysts Covering NEM
1 Year
1 Year Success Rate
12/13 ratings generated profit
1 Year Average Return
+44.55%
initiated a buy rating 2 months ago
Copying Matt Murphy's trades and holding each position for 1 Year would result in 92.31% of your transactions generating a profit, with an average return of +44.55% per trade.
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