Newmont Corporation (NEM)

NYSE: NEM · Delayed Price · USD
63.09
-0.75 (-1.17%)
At close: Jan 21, 2022 4:00 PM
63.00
-0.09 (-0.14%)
After-hours:Jan 21, 2022 5:11 PM EST
Market Cap50.31B
Revenue (ttm)12.21B
Net Income (ttm)2.04B
Shares Out797.44M
EPS (ttm)2.54
PE Ratio24.87
Forward PE15.90
Dividend$2.20 (3.49%)
Ex-Dividend DateDec 8, 2021
Volume9,519,378
Open64.21
Previous Close63.84
Day's Range62.31 - 64.25
52-Week Range52.60 - 75.31
Beta0.28
AnalystsBuy
Price Target98.28 (+55.8%)
Earnings DateOct 28, 2021

About NEM

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2020, it had proven and probable gold reserves of 94.2 million ounces and land position of 58,900 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.

IndustryMetals & Mining
Founded1916
CEOThomas Palmer
Employees14,300
Stock ExchangeNYSE
Ticker SymbolNEM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for Newmont stock is "Buy." The 12-month stock price forecast is 98.28, which is an increase of 55.78% from the latest price.

Price Target
$98.28
(55.78% upside)
Analyst Consensus: Buy

News

7 Bear Market Stocks to Buy If You See Trouble Ahead

These bear market stocks provide capital protection in a sharp correction scenario. They also typically have a healthy dividend yield.

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1 day ago - InvestorPlace

Newmont (NEM) Stock Jumps 6%: Will It Continue to Soar?

Newmont (NEM) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down ...

1 day ago - Zacks Investment Research

Gold Stocks Alert: Rising Gold Prices Lift GOLD, HMY, GDX, GLD, NEM Stocks

Here's why a range of gold stocks are absolutely taking off today, as investors look to reposition their portfolios right now. The post Gold Stocks Alert: Rising Gold Prices Lift GOLD, HMY, GDX, GLD, NE...

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2 days ago - InvestorPlace

3 Stocks With Double-Digit Return Potential

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5 days ago - GuruFocus

Newmont Announces Full Year and Fourth Quarter 2021 Earnings Call

DENVER--(BUSINESS WIRE)--Newmont Announces Full Year and Fourth Quarter 2021 Earnings Call

1 week ago - Business Wire

Newmont Corporation (NEM) Gains As Market Dips: What You Should Know

Newmont Corporation (NEM) closed the most recent trading day at $59.43, moving +1.3% from the previous trading session.

1 week ago - Zacks Investment Research

3 Metal Stocks That Are Heating Up

Metal stocks are on the move amid rising inflationary pressures. Here are three smart trades to capitalize on that action.

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3 weeks ago - InvestorPlace

Newmont Corporation (NEM) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, Newmont Corporation (NEM) closed at $59.53, marking a +1.76% move from the previous day.

3 weeks ago - Zacks Investment Research

Newmont (NEM) Wraps Up Senior Notes Offering Worth $1 Billion

Newmont's (NEM) issue of sustainability-linked bond reflects a further step in syncing its financing strategy with environmental, social and governance commitments.

4 weeks ago - Zacks Investment Research

Newmont Closes Sustainability-Linked Senior Notes Offering of $1 Billion at 2.600%

DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT) (“Newmont” or the “Company”) announced today that it has received aggregate net proceeds of approximately $992 million, after deducting...

1 month ago - Business Wire

Newmont Corporation Announces Early Results of the Tender Offers for Any and All of its 3.700% Notes due 2023 and Gol...

DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) announced today the early results of the previously announced offers to purchase for cash any and all of the o...

1 month ago - Business Wire

Newmont Corporation Announces Pricing of the Tender Offers for its 3.700% Notes due 2023 and Goldcorp's 3.700% Notes ...

DENVER--(BUSINESS WIRE)--Newmont Corporation announces the pricing terms of the previously announced offers to purchase any and all of the outstanding Notes due 2023.

1 month ago - Business Wire

Here's How The Recent Slide In Gold Prices Impacted Newmont Stock

Newmont stock has declined more than 4% in the last one month, underperforming the broader market (S&P 500) which declined less than 1% during the same period. The recent decline in the stock price was ...

1 month ago - Forbes

Newmont (NEM) Prices Sustainability-Linked Senior Notes Offering

Newmont (NEM) projects net proceeds of roughly $992 million from the offering, after deducting discounts and before expenses.

1 month ago - Zacks Investment Research

Newmont Announces Pricing of 2.600% Sustainability-Linked Senior Notes Offering

DENVER--(BUSINESS WIRE)--Newmont Announces Pricing of 2.600% Sustainability-Linked Senior Notes Offering

1 month ago - Business Wire

Newmont (NEM) Announces Guidance for the Longer-Term and 2022

Newmont (NEM) expects 2022 attributable gold production of 6.2 million ounces and AISC of $1,050 per ounce at $1,800 gold price.

1 month ago - Zacks Investment Research

Newmont Corporation Announces Tender Offers for Any and All of Its 3.700% Notes Due 2023 and Goldcorp's 3.700% Notes ...

DENVER--(BUSINESS WIRE)--Newmont Announces Tender Offers for Any and All of its 3.700% Notes due 2023 and Goldcorp's 3.700% Notes due 2023 and Related Consent Solicitations

1 month ago - Business Wire

Newmont Announces Proposed Offering of Sustainability-Linked Senior Notes

DENVER--(BUSINESS WIRE)--Newmont Announces Proposed Offering of Sustainability-Linked Senior Notes

1 month ago - Business Wire

7 Stocks to Buy If the Government Shuts Down in February 2022

Lawmakers just extended federal funding until February, but a shutdown isn't out of the question. Here are stocks to buy if one comes.

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1 month ago - InvestorPlace

Newmont forecasts higher gold output in 2022

Newmont Corp on Thursday forecast gold production of 6.2 million ounces for 2022, up from the 6 million ounces it expects to produce this year, highlighting output increases from the Boddington mine in ...

1 month ago - Reuters

Newmont Provides 2022 and Longer-term Outlook

DENVER--(BUSINESS WIRE)--Delivering long-term value from an unmatched portfolio of world-class, long-life operations and a robust organic project pipeline

1 month ago - Business Wire

9 Stocks to Buy Before Inflation Fears Take Hold

With the consumer price index seeing its biggest increase in 30 years, its time for investors to start looking at inflation stocks. The post 9 Stocks to Buy Before Inflation Fears Take Hold appeared fir...

1 month ago - InvestorPlace

Newmont (NEM) to Sell Kalgoorlie Power Business for $95M

Newmont (NEM) will receive $95 million from the sale of the Kalgoorlie power business.

1 month ago - Zacks Investment Research

Newmont Appoints Two New Board Directors

DENVER--(BUSINESS WIRE)--Newmont Appoints Two New Board Directors

1 month ago - Business Wire

Newmont to sell its Kalgoorlie power business to Northern Star for $95 million

(Kitco News) - The Kalgoorlie power business has been a profitable asset for Newmont since the sale of its stake in KCGM, the company said in a statement.

1 month ago - Kitco