Newmont Corp. (NEM): Price and Financial Metrics


Newmont Corp. (NEM): $61.85

-0.40 (-0.64%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Miners - Gold


Ranked

of 42

in industry

NEM Stock Summary

  • NEM has a higher market value than 94.99% of US stocks; more precisely, its current market capitalization is $48,507,045,056.
  • Of note is the ratio of NEWMONT Corp's sales and general administrative expense to its total operating expenses; merely 4.12% of US stocks have a lower such ratio.
  • In terms of volatility of its share price, NEM is more volatile than only 4.53% of stocks we're observing.
  • Stocks with similar financial metrics, market capitalization, and price volatility to NEWMONT Corp are SLB, EOG, DD, PTR, and HES.
  • NEM's SEC filings can be seen here. And to visit NEWMONT Corp's official web site, go to www.newmont.com.

NEM Stock Price Chart Interactive Chart >

Price chart for NEM

NEM Price/Volume Stats

Current price $61.85 52-week high $72.22
Prev. close $62.25 52-week low $52.33
Day low $61.67 Volume 3,976,100
Day high $62.66 Avg. volume 7,137,360
50-day MA $59.29 Dividend yield 3.58%
200-day MA $62.22 Market Cap 49.50B

Newmont Corp. (NEM) Company Bio


Newmont Corp. is a gold producer, which engages in the production of gold. It operates through the following geographical segments: North America, South America, Australia, and Africa. The North America segment consists primarily of carlin, phoenix, twin creeks and long canyon in the state of Nevada and Cripple Creek and Victor in the state of Colorado, in the United States. The South America segment consists primarily of Yanacocha in Peru and Merian in Suriname. The Australia segment consists primarily of Boddington, Tanami and Kalgoorlie in Australia. The Africa segment consists primarily of Ahafo and Akyem in Ghana. The company was founded by William Boyce Thompson on May 2, 1921 and is headquartered in Greenwood Village, CO.

NEM Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$61.85$221.75 266%

Below please find a table outlining a discounted cash flow forecast for NEM, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that NEWMONT Corp ranked in the 79th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 267.67% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for NEM, they are:

  • NEM's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 28.49% of tickers in our DCF set.
  • Relative to other stocks in its sector (Basic Materials), NEWMONT Corp has a reliance on debt greater than merely 24.22% of them.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%259%
1%262%
2%266%
3%269%
4%273%
5%277%

For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as NEM, try WLKP, GMS, APOG, NX, and KRA.


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.

Shareholders Of Newmont (NYSE:NEM) Must Be Happy With Their 126% Total Return

The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, if...

Yahoo | April 13, 2021

Biden’s Gold Boom: Why the Yellow Metal Could Fly in 2021

As the Biden Administration prepares to release another round of stimulus checks, gold prices could soar, and junior miners will likely be the biggest benefactors

Yahoo | April 9, 2021

15 Best Dividend Stocks Right Now

In this article, we will take a look at the 15 best dividend stocks right now. You can skip our detailed analysis of the merits of dividend investing and go to the 5 Best Dividend Stocks Right Now. The COVID-19 pandemic highlighted the importance of steady and predictable income. In the course of the global […]

Yahoo | April 8, 2021

Barrick Gold CEO Says Its Dividend Is ‘Sustainable’

(ABX) CEO Mark Bristow says the company will be smart about any acquisitions and that its quarterly dividend of 9 cents a share is “sustainable” even if gold prices, now at $1,729 an ounce, decline to $1,200. In an interview with Barron’s, Bristow said that Toronto-based Barrick (ticker: GOLD), which shares leadership of the gold industry with Denver-based (NEM) (NEM), has “the industry’s best assets, strongest balance sheet with no net debt, and the best people.” Barrick shares are down 10% this year to around $20 as gold prices have fallen 9% and now carry a 1.8% yield.

Yahoo | April 5, 2021

Newmont: A Long-Term Commodity Value Play And Inflation Hedge

Photo by brightstars/E+ via Getty Images With inflation expected to rise in 2021 and beyond, commodity-based investments should find consideration in investor portfolios. Newmont (NEM) is a long-term value play in the commodity sector due to its long project pipeline, broad asset footprint and could potentially offer a hedge against...

The Asian Investor on Seeking Alpha | March 31, 2021

Read More 'NEM' Stories Here

NEM Price Returns

1-mo 0.05%
3-mo 0.96%
6-mo 0.33%
1-year 8.87%
3-year 62.41%
5-year 132.16%
YTD 4.28%
2020 40.28%
2019 30.52%
2018 -5.76%
2017 10.91%
2016 90.10%

NEM Dividends

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