NGT:CA:TSX-Newmont Corporation (CAD)

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 78.70

Change

-5.19 (-6.19)%

Market Cap

CAD 63.05B

Volume

0.54M

Average Target Price

CAD 104.50 (+32.78%)
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

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, and Ghana. As of December 31, 2020, it had proven and probable gold reserves of 94.2 million ounces and land position of 58,900 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado. Address: 6900 East Layton Avenue, Denver, CO, United States, 80237

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-06-17 )

Largest Industry Peers for Gold

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
ABX:CA Barrick Gold Corporation

-1.56 (-5.67%)

CAD46.18B 15.42 6.51
FNV:CA Franco-Nevada Corporation

-2.91 (-1.57%)

CAD34.81B 47.96 37.63
WPM:CA Wheaton Precious Metals Corp

-1.99 (-3.51%)

CAD24.65B 35.21 30.83
NCM:CA Newcrest Mining Limited

-1.05 (-4.13%)

CAD20.14B 16.63 7.11
AEM:CA Agnico Eagle Mines Limited

-4.21 (-5.02%)

CAD19.35B 23.89 13.02
KL:CA Kirkland Lake Gold Ltd

-2.11 (-4.09%)

CAD13.22B 14.86 8.62
K:CA Kinross Gold Corporation

-0.45 (-5.18%)

CAD10.38B 6.27 4.31
EDV:CA Endeavour Mining plc

-0.37 (-1.28%)

CAD7.16B 27.89 9.96
BTO:CA B2Gold Corp

-0.32 (-5.41%)

CAD5.93B 7.60 4.28
YRI:CA Yamana Gold Inc

-0.47 (-7.83%)

CAD5.43B 20.97 6.17

ETFs Containing NGT:CA

Symbol Name Weight Mer Price(Change) Market Cap
FHM:CA First Trust NYSE Arca Bio.. 0.00 % 0.80 %

N/A

CAD1.16M
HEP:CA Horizons Enhanced Income .. 0.00 % 0.81 %

-1.45 (-4.56%)

CAD0.14B
MUS:CA Mackenzie Maximum Diversi.. 0.00 % 0.50 %

+0.41 (+1.17%)

CAD0.19B
MWD:CA Mackenzie Maximum Diversi.. 0.00 % 0.55 %

+0.14 (+0.48%)

CAD0.45B
XGD:CA iShares S&P/TSX Global Go.. 0.00 % 0.61 %

-0.91 (-4.57%)

CAD1.26B
XMS:CA iShares MSCI Min Vol USA .. 0.00 % 0.33 %

+0.16 (+0.51%)

CAD0.05B
XMU:CA iShares MSCI Min Vol USA .. 0.00 % 0.33 %

+0.78 (+1.30%)

CAD0.31B
XMW:CA iShares MSCI Min Vol Glob.. 0.00 % 0.48 %

+0.48 (+1.07%)

CAD0.18B
XMY:CA iShares MSCI Min Vol Glob.. 0.00 % 0.45 %

N/A

CAD0.03B
ZGD:CA BMO Equal Weight Global G.. 0.00 % 0.61 %

-3.78 (-4.89%)

CAD0.12B
HGGG:CA Harvest Global Gold Giant.. 0.00 % 0.68 %

-1.89 (-6.37%)

CAD7.54M

Market Performance

  Market Performance vs.
Industry/Classification (Gold)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 3.31% 70% C- 33% F
Dividend Return 0.92% 67% D+ 43% F
Total Return 4.22% 73% C 33% F
Trailing 12 Months  
Capital Gain 4.21% 49% F 20% F
Dividend Return 2.05% 57% F 37% F
Total Return 6.26% 51% F 21% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 24.65% 65% D 89% B+
Dividend Return 1.03% 80% B- 25% F
Total Return 25.68% 67% D+ 89% B+
Risk Return Profile  
Volatility (Standard Deviation) 34.31% 78% C+ 28% F
Risk Adjusted Return 74.84% 85% B 82% B-
Market Capitalization 63.05B 100% A+ 96% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Gold)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 20.30 42% F 30% F
Price/Book Ratio 2.38 44% F 41% F
Price / Cash Flow Ratio 12.92 17% F 23% F
EV/EBITDA 11.96 35% F 50% F
Management Effectiveness  
Return on Equity 10.04% 68% D+ 67% D+
Return on Invested Capital 7.95% 62% D- 77% C+
Return on Assets 5.69% 56% F 85% B
Debt to Equity Ratio 23.82% 34% F 69% D+
Technical Ratios  
Short Ratio 3.13 39% F 32% F
Short Percent 0.08% 83% B 82% B-
Beta 0.28 92% A- 93% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector