Newmont Goldcorp Corporation (NEM): Price and Financial Metrics


Newmont Goldcorp Corporation (NEM)

Today's Latest Price: $61.38 USD

1.06 (1.76%)

Updated Oct 27 1:09pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 30 in Miners - Gold

See all "A" rated Strong Buy stocks

NEM Stock Summary

  • NEM has a higher market value than 95.79% of US stocks; more precisely, its current market capitalization is $48,441,249,054.
  • Of note is the ratio of NEWMONT Corp's sales and general administrative expense to its total operating expenses; merely 4.82% of US stocks have a lower such ratio.
  • Over the past twelve months, NEM has reported earnings growth of 784.27%, putting it ahead of 98.05% of US stocks in our set.
  • Stocks with similar financial metrics, market capitalization, and price volatility to NEWMONT Corp are EQNR, CEO, PTR, DD, and PSA.
  • Visit NEM's SEC page to see the company's official filings. To visit the company's web site, go to www.newmont.com.

NEM Stock Price Chart Interactive Chart >

Price chart for NEM

NEM Price/Volume Stats

Current price $61.38 52-week high $72.22
Prev. close $60.32 52-week low $33.00
Day low $60.27 Volume 1,803,033
Day high $61.44 Avg. volume 8,196,758
50-day MA $64.05 Dividend yield 1.66%
200-day MA $57.67 Market Cap 49.29B

Newmont Goldcorp Corporation (NEM) Company Bio


Newmont Goldcorp acquires, develops, explores for, and produces gold, copper, and silver deposits in the United States, Australia, Peru, Indonesia, Ghana, and New Zealand. The company was founded in 1916 and is based in Greenwood Village, Colorado.

NEM Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$61.38$277.01 359%

We started the process of determining a valid price forecast for NEWMONT Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that NEWMONT Corp ranked in the 75th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 361.5% on a DCF basis. The most interesting components of our discounted cash flow analysis for NEWMONT Corp ended up being:

  • NEM's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 32.34% of tickers in our DCF set.
  • Relative to other stocks in its sector (Basic Materials), NEWMONT Corp has a reliance on debt greater than just 21.79% of them.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%350%
1%355%
2%359%
3%364%
4%368%
5%373%

KL, SID, TG, WOR, and NGVT can be thought of as valuation peers to NEM, in the sense that they are in the Basic Materials sector and have a similar price forecast based on DCF valuation.


NEM Latest News Stream


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Latest NEM News From Around the Web

Below are the latest news stories about NEWMONT Corp that investors may wish to consider to help them evaluate NEM as an investment opportunity.

Newmont, Agnico Eagle form exploration JV in Colombia

Newmont (NEM) and Agnico Eagle Mines (AEM) say they have formed a 50-50 joint venture in Colombia to explore the Anzá project and advance other prospective gold targets of district-scale potential in the country.Operator Agnico Eagle will solely fund the JV until expenditures equal Newmont's previous $2.9M investment in Anzá,...

Seeking Alpha | September 29, 2020

Registration - Sidoti's 2020 Fall Virtual Investor Conference is Open Now.

Our Biannual Investor Conference has become a leading forum for small-cap companies to interface with investors specifically interested in the small-cap equities.

Yahoo | July 31, 2020

Newmont's (NEM) Earnings and Sales Miss Estimates in Q2

Newmont (NEM) witnesses higher AISC in Q2 due to care and maintenance costs related to the coronavirus pandemic.

Yahoo | July 30, 2020

Rising Price of Gold Brings Miner Newmont’s Earnings in Right on Target

Investors have embraced gold as a hedge against inflation and other risky assets amid the Covid-19 pandemic.

Yahoo | July 30, 2020

Newmont Corporation (NEM) Lags Q2 Earnings and Revenue Estimates

Newmont (NEM) delivered earnings and revenue surprises of -5.88% and -0.15%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | July 30, 2020

Read More 'NEM' Stories Here

NEM Price Returns

1-mo -0.07%
3-mo -9.24%
6-mo 4.03%
1-year 60.30%
3-year 84.49%
5-year 235.41%
YTD 42.82%
2019 30.52%
2018 -5.76%
2017 10.91%
2016 90.10%
2015 -4.34%

NEM Dividends

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