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Newmont Mining (NEM)
NYSE:NEM
NEM Stock Chart & Stats
Day’s Range― - ―
52-Week Range$29.42 - $58.72
Previous CloseN/A
Volume2.49M
Average Volume (3M)9.19M
Market Cap
$54.09B
Enterprise Value$67.64B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta0.96
Next Earnings
Feb 20, 2025EPS Estimate
1.08Last Dividend Ex-Date
Nov 27, 2024Dividend Yield2.1%
Share Statistics
EPS (TTM)-1.53
Shares Outstanding1,138,450,400
10 Day Avg. Volume10,652,327
30 Day Avg. Volume9,191,125
Standard Deviation0.11
R-Squared0.07
Alpha0.00099
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.18
Price to Cash Flow (P/CF)8.20
P/FCF Ratio17.50
Enterprise Value/Market Cap1.25
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit22.51
Enterprise Value/Ebitda17.44
Forecast
1Y Price Target
$49.57Price Target Upside4.56% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
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Bulls Say, Bears Say
Bulls Say
Asset DivestitureThe asset sale to Discovery Silver increases total cash proceeds from Newmont Mining's non-core asset divestiture program by $200M to $3.5B.
Capital ManagementProceeds from divestitures are being used for debt repayment and share repurchases, enhancing capital allocation priorities.
Portfolio StrategyNewmont's portfolio will transition to a largely Tier 1 asset base, supporting accelerated de-leveraging and capital management.
Bears Say
Earnings OutlookEarnings estimates are updated lower for 2025 and 2026, despite the steady NAV.
Production OutlookNear-term FCF yields of c. 10-15% in CY25-29E are attractive and somewhat cushioning further impacts from a softer production outlook at more assets.
Valuation ConcernsThe total proceeds of $425M from the Porcupine sale are $798M below the analyst's valuation of $1,228M for the asset.
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Ownership Overview
0.11% Insiders
18.79% Mutual Funds
12.27% Other Institutional Investors
38.99% 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 $29.42 and its highest was $58.72 in the past 12 months.
What is Newmont Mining’s market cap?
Newmont Mining’s market cap is $54.09B.
When is Newmont Mining’s upcoming earnings report date?
Newmont Mining’s upcoming earnings report date is Feb 20, 2025 which is today.
How were Newmont Mining’s earnings last quarter?
Newmont Mining released its earnings results on Oct 23, 2024. The company reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.866 by -$0.056.
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 2.1%. See more information on Newmont Mining dividends here
What is Newmont Mining’s EPS estimate?
Newmont Mining’s EPS estimate is 1.08.
How many shares outstanding does Newmont Mining have?
Newmont Mining has 1,138,450,400 shares outstanding.
What happened to Newmont Mining’s price movement after its last earnings report?
Newmont Mining reported an EPS of $0.81 in its last earnings report, missing expectations of $0.866. Following the earnings report the stock price went down -14.704%.
Which hedge fund is a major shareholder of Newmont Mining?
Currently, no hedge funds are holding shares in NEM
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Newmont Mining Stock Smart Score
Neutral
1
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Analyst Consensus
Moderate Buy
Average Price Target:
$49.57 (4.56% Upside)
$49.57 (4.56% Upside)
Blogger Sentiment
Bullish
NEM Sentiment 91%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 137.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $400.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.1%
Last 30 Days ▲ 0.5%
Last 30 Days ▲ 0.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
44.49%
12-Months-Change
Fundamentals
Return on Equity
-4.06%
Trailing 12-Months
Asset Growth
47.50%
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 Company Deck
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NEM Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixture of strong financial performance and shareholder returns, but was overshadowed by ongoing safety concerns and increased costs due to inflation and operational challenges. While synergies from acquisitions have been achieved, production outlook and costs remain a concern.Read More>---
NEM Revenue Breakdown
64.65% U.K.
8.25% South Korea
5.08% Switzerland
4.33% Japan
17.68% Other
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NEM Stock 12 Month Forecast
Average Price Target
$49.57
▲(4.56% Upside)
Technical Analysis
Best Analysts Covering NEM
1 Year
1 Year Success Rate
14/17 ratings generated profit
1 Year Average Return
+34.41%
reiterated a buy rating 3 months ago
Copying Matt Murphy's trades and holding each position for 1 Year would result in 82.35% of your transactions generating a profit, with an average return of +34.41% per trade.
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