NGT:TSX-Newmont Corporation (CAD)

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 88.41

Change

+2.19 (+2.54)%

Market Cap

CAD 68.43B

Volume

0.16M

Avg Analyst Target

CAD 105.50 (+19.33%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

Newmont Corporation (NGT) Stock Analysis:
Based on the Newmont Corporation stock forecasts from 1 analysts, the average analyst target price for Newmont Corporation is CAD 105.50 over the next 12 months. Newmont Corporation’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Newmont Corporation is Slightly Bullish , which is based on 6 positive signals and 5 negative signals. At the last closing, Newmont Corporation’s stock price was CAD 88.41. Newmont Corporation’s stock price has changed by +5.30% over the past week, -6.74% over the past month and -0.33% over the last year.

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. A ...Read More

Company Website : https://www.newmont.com

Address : 6900 East Layton Avenue, Denver, CO, United States, 80237

Employees : 14,400

Fiscal Year End : December

Currency: CAD

Country : Canada

Technical Indicators

Beta : 0.36

52 Week High : 108.98

Short Ratio : 2.12

52 Week Low : 66.25

Shorted Shares : 425,140

200 Day Moving Average : 80.06

Shorted Shares Previous Month : 520,619

50 Day Moving Average : 95.43

Shares Held By Insiders : 0.16%

Short Percentage : 0.06%

Shares Held by Institutions : 83.50%

Dividend Yield : 3.22%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-05-24 )

Largest Industry Peers for Gold

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

+0.65 (+2.44%)

 CAD47.42B 19.24 6.75
FNV:CA Franco-Nevada Corporation

+2.96 (+1.66%)

 CAD34.08B 36.16 27.11
AEM:CA Agnico Eagle Mines Limited

+1.36 (+1.97%)

 CAD32.13B 30.30 18.69
WPM:CA Wheaton Precious Metals Corp

+1.38 (+2.59%)

 CAD24.10B 25.01 23.73
NCM:CA Newcrest Mining Ltd

+0.09 (+0.39%)

 CAD20.62B 16.16 10.22
KL:CA Kirkland Lake Gold Ltd

N/A

 CAD13.11B 11.76 7.12
K:CA Kinross Gold Corporation

+0.13 (+2.25%)

 CAD7.51B 25.53 7.69
EDV:CA Endeavour Mining plc

+0.04 (+0.13%)

 CAD7.39B 58.34 6.82
YRI:CA Yamana Gold Inc

+0.20 (+3.00%)

 CAD6.41B 34.74 7.26
BTO:CA B2Gold Corp

+0.09 (+1.70%)

 CAD5.58B 10.60 4.15

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

 CAD1.40M
HEP:CA Horizons Enhanced Income .. 0.00 % 0.81 %

+0.53 (+1.96%)

 CAD0.20B
MWD:CA Mackenzie Maximum Diversi.. 0.00 % 0.55 %

N/A

 CAD0.39B
XMU:CA iShares MSCI Min Vol USA .. 0.00 % 0.33 %

+1.31 (+2.16%)

 CAD0.29B
XMW:CA iShares MSCI Min Vol Glob.. 0.00 % 0.48 %

+0.60 (+1.37%)

 CAD0.15B
XMY:CA iShares MSCI Min Vol Glob.. 0.00 % 0.47 %

+0.42 (+1.61%)

 CAD0.02B
ZLU-U:CA BMO Low Volatility US Equ.. 0.00 % 0.30 %

N/A

 N/A
CGXF:CA CI Gold+ Giants Covered C.. 0.00 % 0.73 %

+0.20 (+1.74%)

 CAD0.42B
FCUV:CA Fidelity U.S. Value Index.. 0.00 % 0.35 %

+0.23 (+1.93%)

 N/A

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 12.71% 87% B+ 92% A-
Dividend Return 0.89% 65% D 45% F
Total Return 13.60% 86% B 92% A-
Trailing 12 Months  
Capital Gain 0.11% 78% C+ 70% C-
Dividend Return 2.36% 59% F 44% F
Total Return 2.47% 81% B- 71% C-
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 16.87% 53% F 81% B-
Dividend Return 1.44% 90% A- 42% F
Total Return 18.31% 59% F 80% B-
Risk Return Profile  
Volatility (Standard Deviation) 31.93% 74% C 27% F
Risk Adjusted Return 57.36% 79% C+ 69% D+
Market Capitalization 68.43B 100% A+ 97% 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 50.84 20% F 10% F
Price/Book Ratio 2.45 24% F 28% F
Price / Cash Flow Ratio 15.99 15% F 13% F
EV/EBITDA 19.60 23% F 21% F
Management Effectiveness  
Return on Equity 0.31% 51% F 32% F
Return on Invested Capital 0.52% 54% F 40% F
Return on Assets 3.08% 60% D- 60% D-
Debt to Equity Ratio 25.27% 23% F 69% D+
Technical Ratios  
Dividend Yield 3.22% 76% C 48% F
Short Ratio 2.08 69% D+ 46% F
Short Percent 0.06% 76% C 85% B
Beta 0.36 91% A- 91% 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 Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

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.

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.

Overpriced on free cash flow basis

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