Newmont/NEM

$38.11

-0.88%
-
1D1W1MYTD1YMAX

About Newmont

Newmont Corporation is a gold company and a producer of copper, zinc, lead, and silver. The Company’s portfolio of assets and prospects is anchored in mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Its African operations include Ahafo and Akyem. Its Australian operations include Boddington, Cadia, Tanami and Telfer. Its Latin America and Caribbean (LATAC) operations include Cerro Negro, Merian, Penasquito, Pueblo Viejo JV and Yanacocha. Its North American projects include Brucejack, Cripple Creek & Victor, Eleonore, Musselwhite, Nevada Gold Mines JV, Porcupine and Red Chris. Its Papua New Guinea projects include Lihir. Its Ahafo mine is located in the Ahafo region, approximately 290 kilometers (km) northwest of Accra, Ghana. Boddington is located 130 km southeast of Perth in Western Australia and its project area comprises over 52,506 acres (21,249 hectares) of mining tenure leased from the State of Western Australia.

Ticker

NEM

Sector

Basic Materials

Trading on

NYSE

Industry

Gold & Silver

CEO

Thomas Palmer

Employees

21,700

Headquarters

Denver, United States

Newmont Metrics

BasicAdvanced
$44.31B
Market cap
-
P/E ratio
-$2.39
EPS
0.51
Beta
$1.60
Dividend rate
2.6%
Dividend yield
$44.31B
0.51228
$50.18
$29.42
14.48M
$1.60
1.252
0.812
25.49
32.508
1.93%
-5.44%
-10.42%
-6.04%
3.752
1.526
1.703
2.99%
4.16%
2.6%
-0.86%
-323.42%
0.91%
15.44%

What the Analysts think about Newmont

Analyst Ratings

Majority rating from 21 analysts.
Buy

Price Targets

Average projection from 20 analysts.
21.52% upside
High $67.50
Low $33.31
$38.11
Current price
$46.31
Average price target

Newmont Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-79.8% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$3.96B
58.72%
Net income
$-3.16B
-2,098.73%
Profit margin
-79.8%
-1,360.66%

Newmont Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 8.9%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.40
$0.33
$0.36
$0.50
-
Expected
$0.33
$0.44
$0.43
$0.46
$0.37
Surprise
20.62%
-24.8%
-17.12%
8.9%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Newmont stock?

Newmont (NEM) has a market cap of $44.31B as of April 17, 2024.

What is the P/E ratio for Newmont stock?

The price to earnings (P/E) ratio for Newmont (NEM) stock is 0 as of April 17, 2024.

Does Newmont stock pay dividends?

Yes, the Newmont (NEM) stock pays dividends to shareholders. As of April 17, 2024, the dividend rate is $1.6 and the yield is 2.6%. Newmont has a payout ratio of 0% on a trailing twelve-month basis.

When is the next Newmont dividend payment date?

The next Newmont (NEM) dividend payment date is unconfirmed.

What is the beta indicator for Newmont?

Newmont (NEM) has a beta rating of 0.51. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Newmont stock price target?

The target price for Newmont (NEM) stock is $46.31, which is 21.52% above the current price of $38.11. This is an average based on projections from 20 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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