NEM:NYE-Newmont Corporation (USD)

COMMON STOCK | Gold | NYE

Last Closing Price

USD 61.22

Change

0.00 (0.00)%

Market Cap

USD 48.82B

Volume

5.18M

Avg Analyst Target

USD 71.71 (+17.13%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Newmont Corporation (NEM) Stock Analysis:
Based on the Newmont Corporation stock forecasts from 10 analysts, the average analyst target price for Newmont Corporation is USD 71.71 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 4 negative signals. At the last closing, Newmont Corporation’s stock price was USD 61.22. Newmont Corporation’s stock price has changed by +0.79% over the past week, +1.98% over the past month and -1.03% 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

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-01-17 )

Largest Industry Peers for Gold

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

N/A

USD33.34B 16.77 4.54
FNV Franco-Nevada Corporation

N/A

USD24.95B 36.16 23.12
WPM Wheaton Precious Metals Corp

N/A

USD17.92B 28.84 20.70
AEM Agnico Eagle Mines Limited

N/A

USD12.63B 19.49 7.27
KL Kirkland Lake Gold Ltd

N/A

USD10.66B 12.15 5.44
GFI Gold Fields Limited

N/A

USD9.44B 9.97 4.35
AU AngloGold Ashanti Limited

N/A

USD8.36B 9.44 4.24
SBGL Sibanye Stillwater Limited

N/A

USD7.89B 356.59 14.48
KGC Kinross Gold Corporation

N/A

USD7.01B 7.00 3.21
AUY Yamana Gold Inc

N/A

USD4.04B 30.07 3.73

ETFs Containing NEM

Symbol Name Weight Mer Price(Change) Market Cap
ESGS Columbia ETF Trust I - Co.. 0.00 % 0.35 %

N/A

USD5.42M
IQQ0:XETRA iShares Edge MSCI World M.. 0.00 % 0.30 %

+0.34 (+0.66%)

USD4.15B
CD91:F Lyxor NYSE Arca Gold BUGS.. 0.00 % 0.00 %

+0.21 (+0.96%)

USD0.44B
G2X:F VanEck Vectors UCITS ETFs.. 0.00 % 0.53 %

-0.28 (-0.93%)

USD0.70B
IQQ0:F iShares VI Public Limited.. 0.00 % 0.30 %

+0.20 (+0.39%)

USD4.07B
IS0E:F iShares V Public Limited .. 0.00 % 0.55 %

+0.12 (+1.00%)

USD1.85B
SXR0:F iShares VI Public Limited.. 0.00 % 0.35 %

+0.04 (+0.62%)

N/A
UBUD:F UBS (Irl) ETF Public Limi.. 0.00 % 0.43 %

+0.09 (+0.68%)

USD0.08B
XDEB:F Xtrackers (IE) Public Lim.. 0.00 % 0.25 %

+0.28 (+0.80%)

USD0.67B
ZPDM:F SSgA SPDR ETFs Europe II .. 0.00 % 0.15 %

+0.46 (+1.27%)

USD0.07B
2B7B:XETRA iShares V Public Limited .. 0.00 % 0.15 %

+0.08 (+1.05%)

USD0.19B
G2X:XETRA VanEck Vectors UCITS ETFs.. 0.00 % 0.53 %

+0.22 (+0.75%)

USD0.70B
IS0E:XETRA iShares Gold Producers UC.. 0.00 % 0.55 %

+0.04 (+0.30%)

USD2.05B
MVUS:PA Ossiam IRL ICAV - Ossiam .. 0.00 % 0.65 %

+2.11 (+0.74%)

N/A
OSX2:XETRA Ossiam Lux - Ossiam US Mi.. 0.00 % 0.65 %

+2.00 (+0.80%)

N/A
SXR0:XETRA iShares VI Public Limited.. 0.00 % 0.35 %

+0.04 (+0.59%)

USD0.12B
UBUD:XETRA UBS (Irl) ETF Public Limi.. 0.00 % 0.43 %

+0.03 (+0.26%)

USD0.08B
WMIN:XETRA Vaneck Vectors UCITS ETFs.. 0.00 % 0.50 %

+0.27 (+0.95%)

USD0.20B
XDEB:XETRA Xtrackers (IE) Public Lim.. 0.00 % 0.25 %

+0.25 (+0.71%)

USD0.67B
ZPDM:XETRA SSgA SPDR ETFs Europe II .. 0.00 % 0.15 %

+0.38 (+1.06%)

USD0.07B
LBAY Tidal ETF Trust - Leather.. 0.00 % 1.09 %

N/A

N/A
GOLB:LSE Market Access - Market Ac.. 0.00 % 0.65 %

N/A

N/A
OWLE:XETRA Ossiam Irl Icav - Ossiam .. 0.00 % 0.65 %

+0.94 (+0.73%)

USD0.04B
GIGB:LSE Vaneck Vectors UCITS ETFs.. 0.00 % 0.50 %

+0.22 (+0.95%)

N/A
SPMV:PA Ossiam IRL ICAV - Ossiam .. 0.00 % 0.65 %

+2.12 (+0.85%)

N/A
VMOM:LSE Vanguard Global Momentum .. 0.00 % 0.00 %

N/A

USD0.07B
FMAT Fidelity MSCI Materials I.. 0.00 % 0.08 %

N/A

USD0.53B
VAW Vanguard Materials Index .. 0.00 % 0.10 %

N/A

USD4.69B
FXZ First Trust Exchange-Trad.. 0.00 % 0.67 %

N/A

USD0.52B
GDX VanEck Vectors Gold Miner.. 0.00 % 0.51 %

N/A

USD13.27B
IYM iShares U.S. Basic Materi.. 0.00 % 0.43 %

N/A

USD0.76B
NANR SPDR S&P North American N.. 0.00 % 0.35 %

N/A

USD0.50B
NFO Invesco Insider Sentiment.. 0.00 % 0.66 %

N/A

USD0.08B
PXLV Invesco S&P 500 Value wit.. 0.00 % 0.39 %

N/A

USD0.06B
SBM ProShares Short Basic Mat.. 0.00 % 0.95 %

N/A

USD1.85M
SGDM Sprott Gold Miners ETF 0.00 % 0.50 %

N/A

USD0.23B
SMN ProShares Trust - ProShar.. 0.00 % 0.95 %

N/A

USD2.05M
UYM ProShares Ultra Basic Mat.. 0.00 % 0.95 %

N/A

USD0.07B
XLB Materials Select Sector S.. 0.00 % 0.12 %

N/A

USD8.18B
USMV:LSE Ossiam IRL ICAV - Ossiam .. 0.00 % 0.65 %

N/A

N/A
XME SPDR Series Trust - SPDR .. 0.00 % 0.35 %

N/A

USD1.86B
WBIY WBI Power Factor High Div.. 0.00 % 0.70 %

N/A

USD0.07B
MXDU Nationwide Maximum Divers.. 0.00 % 0.34 %

N/A

USD0.11B
GDGB:LSE VanEck Vectors UCITS ETFs.. 0.00 % 0.53 %

+0.16 (+0.67%)

USD0.70B
GDX:LSE VanEck Vectors Gold Miner.. 0.00 % 0.53 %

-0.13 (-0.39%)

USD0.71B
IAUP:LSE iShares V Public Limited .. 0.00 % 0.55 %

+0.08 (+0.56%)

USD1.83B
IMSU:LSE iShares V Public Limited .. 0.00 % 0.15 %

+6.50 (+0.97%)

USD0.19B
IUMS:LSE iShares S&P 500 Materials.. 0.00 % 0.15 %

+0.10 (+1.10%)

USD0.19B
SPGP:LSE iShares V Public Limited .. 0.00 % 0.55 %

+8.00 (+0.80%)

USD1.83B
GDIG:LSE VanEck Vectors Global Min.. 0.00 % 0.50 %

+0.23 (+0.71%)

USD0.20B
SXLB:LSE SSgA SPDR ETFs Europe II .. 0.00 % 0.15 %

+0.23 (+0.56%)

USD0.07B
ASPY ASYMshares® ASYMmetric 5.. 0.00 % 0.95 %

N/A

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 -1.29% 53% F 44% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -1.29% 53% F 43% F
Trailing 12 Months  
Capital Gain -1.03% 82% B- 33% F
Dividend Return 3.56% 74% C 56% F
Total Return 2.52% 79% C+ 34% F
Trailing 5 Years  
Capital Gain 73.62% 85% B 74% C
Dividend Return 15.57% 85% B 59% F
Total Return 89.19% 85% B 76% C
Average Annual (5 Year Horizon)  
Capital Gain 17.77% 63% D 76% C
Dividend Return 2.51% 85% B 57% F
Total Return 20.28% 63% D 77% C+
Risk Return Profile  
Volatility (Standard Deviation) 30.38% 63% D 37% F
Risk Adjusted Return 66.77% 88% B+ 72% C-
Market Capitalization 48.82B 100% A+ 94% 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 24.13 47% F 31% F
Price/Book Ratio 1.97 38% F 47% F
Price / Cash Flow Ratio 10.00 18% F 46% F
EV/EBITDA 9.00 29% F 64% D
Management Effectiveness  
Return on Equity 7.25% 60% D- 41% F
Return on Invested Capital 8.00% 58% F 68% D+
Return on Assets 5.78% 58% F 77% C+
Debt to Equity Ratio 23.82% 44% F 77% C+
Technical Ratios  
Short Ratio 1.31 59% F 63% D
Short Percent 1.42% 56% F 68% D+
Beta 0.28 95% A 89% B+
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 (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

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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.