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NYSE: NEM
Newmont Corp Stock

$42.84+1.30 (+3.13%)
Updated May 9, 2024
NEM Price
$42.84
Fair Value Price
N/A
Market Cap
$49.40B
52 Week Low
$29.42
52 Week High
$47.65
P/E
-13.1x
P/B
1.71x
P/S
3.14x
PEG
N/A
Dividend Yield
3.38%
Revenue
$13.16B
Earnings
-$2.68B
Gross Margin
44.3%
Operating Margin
-13.92%
Profit Margin
-20.3%
Debt to Equity
0.91
Operating Cash Flow
$3B
Beta
0.4
Next Earnings
N/A
Ex-Dividend
Jun 4, 2024
Next Dividend
Jun 27, 2024

NEM Overview

Newmont Corporation mines copper, silver, zinc, and lead from assets in the U.S., Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. The company has a gold reserve of approximately 92.8 million ounces and interests in Heart Peaks, Castle, Moat, Coyote, and North ROK properties. Newmont was founded in 1916 and is headquartered in Denver, CO.

Zen Score

Industry Average (22)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how NEM scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

NEM is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
NEM is good value based on its book value relative to its share price (1.71x), compared to the US Gold industry average (1.83x)
P/B vs Industry Valuation
NEM is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 35 more NEM due diligence checks available for Premium users.

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NEM News

Valuation

NEM price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-13.1x
Industry
9.05x
Market
29.92x

NEM price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.71x
Industry
1.83x
NEM is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

NEM's financial health

Profit margin

Revenue
$4.0B
Net Income
$170.0M
Profit Margin
4.2%
NEM's Earnings (EBIT) of -$1.83B... subscribe to Premium to read more.
Interest Coverage Financials
NEM's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$55.3B
Liabilities
$26.3B
Debt to equity
0.91
NEM's short-term assets ($11.81B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
NEM's long-term liabilities ($20.78B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
NEM's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
NEM's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$776.0M
Investing
-$798.0M
Financing
-$299.0M
NEM's operating cash flow ($3.06B)... subscribe to Premium to read more.
Debt Coverage Financials

NEM vs Gold Stocks

TickerMarket Cap1d %P/EP/B
NEM$49.40B+3.13%-13.10x1.71x
AEM$33.93B+2.75%74.84x1.73x
GOLD$29.90B+1.85%20.77x1.27x
WPM$25.27B+2.61%46.99x3.62x
FNV$24.50B+0.82%-50.95x4.21x

Newmont Stock FAQ

What is Newmont's quote symbol?

(NYSE: NEM) Newmont trades on the NYSE under the ticker symbol NEM. Newmont stock quotes can also be displayed as NYSE: NEM.

If you're new to stock investing, here's how to buy Newmont stock.

What is the 52 week high and low for Newmont (NYSE: NEM)?

(NYSE: NEM) Newmont's 52-week high was $47.65, and its 52-week low was $29.42. It is currently -10.09% from its 52-week high and 45.62% from its 52-week low.

How much is Newmont stock worth today?

(NYSE: NEM) Newmont currently has 1,153,140,195 outstanding shares. With Newmont stock trading at $42.84 per share, the total value of Newmont stock (market capitalization) is $49.40B.

Newmont stock was originally listed at a price of $29.38 in Dec 31, 1997. If you had invested in Newmont stock at $29.38, your return over the last 26 years would have been 45.81%, for an annualized return of 1.46% (not including any dividends or dividend reinvestments).

How much is Newmont's stock price per share?

(NYSE: NEM) Newmont stock price per share is $42.84 today (as of May 9, 2024).

What is Newmont's Market Cap?

(NYSE: NEM) Newmont's market cap is $49.40B, as of May 10, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Newmont's market cap is calculated by multiplying NEM's current stock price of $42.84 by NEM's total outstanding shares of 1,153,140,195.
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