Newmont Corporation (NEM)
Market Cap | 53.89B |
Revenue (ttm) | 14.88B |
Net Income (ttm) | -1.98B |
Shares Out | 1.15B |
EPS (ttm) | -2.72 |
PE Ratio | n/a |
Forward PE | 15.19 |
Dividend | $1.00 (2.14%) |
Ex-Dividend Date | Sep 5, 2024 |
Volume | 6,739,477 |
Open | 46.86 |
Previous Close | 45.70 |
Day's Range | 46.13 - 47.17 |
52-Week Range | 29.42 - 48.97 |
Beta | 0.49 |
Analysts | Buy |
Price Target | 48.71 (+4.24%) |
Earnings Date | Jul 24, 2024 |
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, Papua New Guinea, Ecuador, Fiji, and Ghana. The company was founded in 1916 and is headquartered in Denver, Colorado. [Read more]
Full Company ProfileFinancial Performance
In 2023, Newmont's revenue was $11.81 billion, a decrease of -0.86% compared to the previous year's $11.92 billion. Losses were -$2.49 billion, 481.4% more than in 2022.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for NEM stock is "Buy." The 12-month stock price forecast is $48.71, which is an increase of 4.24% from the latest price.
News
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Newmont generates $594 million in free cash flow in Q2
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
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Newmont Reports Second Quarter 2024 Results
DENVER--(BUSINESS WIRE)--Newmont Reports Second Quarter 2024 Results.
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Will Newmont's Q2 Results Shine On Strong Gold Pricing?
Newmont Corporation (NYSE: NEM), one of the world's largest gold miners, is expected to publish its Q2 2024 results on July 25, reporting on a quarter that saw strong gold prices. We expect revenue to...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.
Mutual fund manager highlights gold mining stock as top pick
Speaking exclusively with TheStreet, Hedge fund manager Jeff Muhlenkamp highlighted Newmont as his single best trade. Muhlenkamp described Newmont as a compelling investment with significant upside po...
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A Slow Recovery for Newmont
Newmont Corporation (NEM, Financial) released its first-quarter earnings on April 25. It was a significant quarter because the Newcrest acquisition was finalized on Nov. 6, 2023, so metals production ...
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Newmont Announces Second Quarter 2024 Earnings Conference Call
DENVER--(BUSINESS WIRE)--Newmont Announces Second Quarter 2024 Earnings Conference Call.
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Newmont Welcomes Industry Veteran Red Conger to Board of Directors
DENVER--(BUSINESS WIRE)-- #Newmont--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced the appointment of Harry M. (Red) Conger to its Board of Directors, who will also ser...
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S&P 500 Gains and Losses Today: Gold Miner Newmont Drops Along With Gold
Major U.S. equities indexes moved lower on Friday after data released by the Bureau of Labor Statistics revealed that the economy added more jobs than expected in May.
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Silver, Gold, And Copper Breakout, Wall Street's Last Bear Throws In The Towel - Newmont (NYSE:NEM)
To gain an edge, this is what you need to know today.
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S&P 500 Gains and Losses Today: Newmont Stock Shines Amid Strong Gold Production
Major U.S. equities indexes tumbled as data showed a slowdown in economic growth and an uptick in inflation in the first quarter. The combination of sluggish growth and persistent inflation added to u...
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Newmont Reports First Quarter 2024 Results
DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (Newmont or the Company) today announced first quarter 2024 results and declared a first quarter dividend of $0....
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Newmont and Barrick Shares Are Down. Gold Prices Slide on Waning War Worries.
Gold is on track for its worst one-day decline since Feb. 3, 2023.
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Newmont Appoints Mining Industry Veteran Francois Hardy as Chief Technology Officer
DENVER--(BUSINESS WIRE)-- #Newmont--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced the appointment of Francois Hardy as Chief Technology Officer (CTO). Francois will jo...
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Newmont Publishes 2023 Sustainability Report and 2023 Tax & Royalties Report
DENVER--(BUSINESS WIRE)-- #coppermining--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today published its 2023 Sustainability Report and its 2023 Taxes and Royalties Contributions Re...
AG, AAPL, NEM: Stocks to Watch
First Majestic (AG), Apple (AAPL), and Newmont (NEM) are today's big three stock. Tom O'Brien and Ben Lichtenstein discuss the technical trends, as well as how to trade these names.
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Newmont Announces First Quarter 2024 Earnings Conference Call
DENVER--(BUSINESS WIRE)--Newmont Announces First Quarter 2024 Earnings Conference Call.
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Gold's Rally Is Still On. What That Means for Gold Miners.
The price of gold should continue to rise because investors buy it as a hedge against inflation.
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Newmont Completes $20 Million Global Community Support Fund, Partnering with Communities for Greater Resilience Post-Pandemic
DENVER--(BUSINESS WIRE)-- #Newmont--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) proudly announces the successful completion of the $20 million Global Community Support Fund (the Fun...
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Top 3 Materials Stocks That Are Preparing To Pump This quarter - Arcadium Lithium (NYSE:ALTM), Lifezone Metals (NYSE:LZM)
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
Newmont CEO on Share Buybacks, Copper Projects
Newmont Corp. CEO Tom Palmer says the company's stock is at a once-in-a-generational price. He also says there are very big copper and gold projects on the way.
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Newmont Completes COO Transition
DENVER--(BUSINESS WIRE)-- #Newmont--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) announces today the completion of its Chief Operating Officer (COO) transition following a five-month...
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Newmont Announces 2023 Mineral Reserves for Integrated Company of 136 Million Gold Ounces with Robust Copper Optionality of 30 Billion Pounds
DENVER--(BUSINESS WIRE)--Newmont Announces 2023 Mineral Reserves for Integrated Company of 136 Million Gold Ounces with Robust Copper Optionality of 30 Billion Pounds.
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Newmont Reports Fourth Quarter and Full Year 2023 Results; Provides 2024 Outlook for Integrated Company
DENVER--(BUSINESS WIRE)--Newmont Reports Fourth Quarter and Full Year 2023 Results; Provides 2024 Outlook for Integrated Company.