Newmont Corporation (NEM)
| Market Cap | 49.40B |
| Revenue (ttm) | 13.16B |
| Net Income (ttm) | -2.68B |
| Shares Out | 1.15B |
| EPS (ttm) | -3.27 |
| PE Ratio | n/a |
| Forward PE | 17.64 |
| Dividend | $1.00 (2.33%) |
| Ex-Dividend Date | Jun 4, 2024 |
| Volume | 9,684,395 |
| Open | 41.64 |
| Previous Close | 41.54 |
| Day's Range | 41.64 - 42.97 |
| 52-Week Range | 29.42 - 47.45 |
| Beta | 0.49 |
| Analysts | Buy |
| Price Target | 48.13 (+12.35%) |
| Earnings Date | Apr 25, 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 12 analysts, the average rating for NEM stock is "Buy." The 12-month stock price forecast is $48.13, which is an increase of 12.35% from the latest price.
News
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...
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...
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....
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.
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...
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.
Newmont Announces First Quarter 2024 Earnings Conference Call
DENVER--(BUSINESS WIRE)--Newmont Announces First Quarter 2024 Earnings Conference Call.
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.
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...
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.
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...
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.
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.
Top 5 Materials Stocks That May Explode This Month - Air Products & Chemicals (NYSE:APD), Axalta Coating Sys (NYSE:AXTA)
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
Newmont and Project C.U.R.E. – Two Decades of Partnership Delivering Global Medical Support
DENVER--(BUSINESS WIRE)-- #Newmont--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) and Project C.U.R.E. announce a five-year agreement to deliver medical supplies and life-saving train...
Newmont Strengthens Leadership Team with Appointment of Industry Leader Peter Wexler as Chief Legal Officer
DENVER--(BUSINESS WIRE)-- #Newmont--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced the appointment of Peter Wexler as Chief Legal Officer. Peter will join Newmont's Exe...
Newmont Announces Fourth Quarter 2023 Results and 2024 Guidance Conference Calls
DENVER--(BUSINESS WIRE)--Newmont Announces Fourth Quarter 2023 Results and 2024 Guidance Conference Calls.
Dryden Gold Corp. Provides Exploration Update and Welcomes Rob McEwen as a New Shareholder
Vancouver, British Columbia--(Newsfile Corp. - January 12, 2024) - Dryden Gold Corp. (TSXV: DRY) ("Dryden Gold" or the "Company") is pleased to provide an update for its 2023 and 2024 exploration prog...
Awale Commences New Diamond Drill Program at the Odienné Copper-Gold Project, Secures Additional JV Funding with Newmont
Highlights: 4,000 metre drill program on Awalé's Odienné now underway Awalé secured an additional USD 750,000 in joint venture funding from Newmont Corporation Final Drill results from Odienné's Summe...
Bank of America: Bullish on gold into summer
The “Halftime Report” Investment Committee debate their top metal picks.
Metallic Minerals Completes 2023 Exploration Program at the La Plata Project in Colorado, USA
VANCOUVER, BC / ACCESSWIRE / December 13, 2023 / Metallic Minerals Corp. (TSXV:MMG)(OTCQB:MMNGF) ("Metallic Minerals" or the "Company") is pleased to announce the completion of 2023 field activities a...
Gold's Rally Improves Newmont's Prospects Heading Into 2024
Gold prices have shot up recently. On the final Tuesday of November, the yellow metal enjoyed one of its best sessions in months while the widely followed VanEck Vectors Gold Miners ETF (GDX, Financia...
