Newmont Corporation (TSX: NGT)

Canada flag Canada · Delayed Price · Currency is CAD
59.60
+1.29 (2.21%)
May 17, 2024, 4:00 PM EDT
0.25%
Market Cap 68.73B
Revenue (ttm) 17.91B
Net Income (ttm) -3.64B
Shares Out 1.15B
EPS (ttm) -3.66
PE Ratio n/a
Forward PE 15.31
Dividend 1.30 (2.18%)
Ex-Dividend Date Jun 4, 2024
Volume 291,308
Open 59.00
Previous Close 58.31
Day's Range 58.74 - 59.81
52-Week Range 39.96 - 60.32
Beta 0.49
Analysts n/a
Price Target n/a
Earnings Date Jul 18, 2024

About Newmont

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]

Industry Gold
Sector Materials
Founded 1916
Country United States
Stock Exchange Toronto Stock Exchange
Ticker Symbol NGT
Full Company Profile

Financial 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, 392.9% more than in 2022.

Financial numbers in USD Financial Statements

News

A Closer Look at Newmont's Options Market Dynamics

Financial giants have made a conspicuous bullish move on Newmont. Our analysis of options history for Newmont (NYSE: NEM) revealed 33 unusual trades. Delving into the details, we found 63% of traders...

11 days ago - Benzinga

Peru Hopes Newmont Can Commit Soon to $2.5 Billion Mine Project

Peru’s Energy and Mines Minister is hopeful Newmont Corp. can soon commit to a $2.5 billion mine expansion that the US-based company had shelved until at least 2025.

12 days ago - BNN Bloomberg

Newmont Is Too Cheap To Ignore

Newmont's financials in Q1 2024 showed strong performance, with increased revenue and improved operating cash flow. See why I rate NEM stock as a buy.

13 days ago - Seeking Alpha

Unveiling Newmont (NEM)'s Value: Is It Really Priced Right? A Comprehensive Guide

Unveiling Newmont (NEM)'s Value: Is It Really Priced Right? A Comprehensive Guide

21 days ago - GuruFocus

Reliance, Newmont Report Q1 Financial Results; BHP Proposes Acquisition Of Anglo American And More: Thursday's Top Mining Stories

Top Stories for April 25, 2024: 1. Reliance (NYSE: RS) reported Q1 results with net sales of $3.64 billion and a 10.3% increase in tons sold. The company recorded a gross profit margin of 31% and ear...

24 days ago - Benzinga

US economist says Wall Street is ‘completely clueless to what’s about to happen’

Despite negative sentiment in gold mining stocks and Wall Street analysts downgrading the shares of the renowned mining firm Newmont … Continue reading The post US economist says Wall Street is ‘compl...

24 days ago - Finbold

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...

24 days ago - Investopedia

Newmont Corporation (NEM) Q1 2024 Earnings Call Transcript

Newmont Corporation (NYSE:NYSE:NEM) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ETCompany ParticipantsThomas Palmer - President, CEO &...

25 days ago - Seeking Alpha

Newmont surges to top of S&P 500 after Q1 beat, strong asset sale interest

Newmont (NEM) beats Q1 earnings estimates, records higher gold production, and reveals strong interest in asset sale plans, driving stock up 12%.

25 days ago - Seeking Alpha

Why Gold Miner Newmont Shares Are Surging Today

Newmont Corporation (NYSE: NEM) shares are trading higher after the company reported first-quarter FY24 results . Revenue reached $4.023 billion, above the consensus of $3.670 billion. Gold productio...

25 days ago - Benzinga

What's Driving Newmont Corp's Surprising 13% Stock Rally?

What's Driving Newmont Corp's Surprising 13% Stock Rally?

25 days ago - GuruFocus

Newmont delivers solid earnings as it sees average gold prices above $2000 in Q1

(Kitco News) - Sold production and a significant jump in gold prices helped to drive robust earnings as the world's biggest gold producer beat first-quarter expectations.Thursday, before the North Ame...

25 days ago - Kitco

Newmont declares $0.25 dividend

25 days ago - Seeking Alpha

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....

25 days ago - Business Wire

Newmont Corp Takes the Lead in Ronald Muhlenkamp's Latest 13F Filings with a 1.41% Impact

Newmont Corp Takes the Lead in Ronald Muhlenkamp's Latest 13F Filings with a 1.41% Impact

27 days ago - GuruFocus

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.

4 weeks ago - Barrons

Newmont: Redemption Has Finally Arrived

Newmont Corporation's Q4 earnings disappointed investors, leading to a dividend cut. Click here to find out why I downgrade my rating on NEM stock to buy.

4 weeks ago - Seeking Alpha

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...

4 weeks ago - Business Wire

Newmont: Limited Upside As Skyrocketing Costs Offset Rising Prices (Rating Downgrade)

Check here to learn about the performance of gold in 2024, potential reversals, impact on gold miners like Newmont, and their valuation.

4 weeks ago - Seeking Alpha

Alcoa Reports Q1 Results; Newmont's 2023 Sustainability Report; Foremost Lithium To Attend Planet MicroCap Showcase And More: Thursday's Top Mining Stories

Top Stories for April 18, 2024: Alcoa Corp (NYSE: AA) reported first-quarter losses of 81 cents per share with revenues of $2.6 billion, slightly above the expected $2.56 billion. In the alumina segm...

4 weeks ago - Benzinga