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Newmont Goldcorp Corp (NEM)

NYSE
Currency in USD
40.68
-0.55(-1.33%)
Closed
After Hours
40.72+0.04(+0.10%)
NEM Scorecard
Full Analysis
Net income is expected to grow this year
Fair Value
Day's Range
40.4841.20
52 wk Range
29.4258.72
Key Statistics
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Prev. Close
41.23
Open
40.72
Day's Range
40.48-41.2
52 wk Range
29.42-58.72
Volume
16,490,747
Average Volume (3m)
9,391,609
1-Year Change
11.85%
Book Value / Share
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Fair Value
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Fair Value Upside
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NEM Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
57.81
Upside
+42.11%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales growth in the current year
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Newmont Goldcorp Corp Company Profile

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.

Employees
14600

InvestingPro Research for Newmont Goldcorp Corp


Golden Horizons
Newmont's strategic acquisitions and asset sales position it for growth in a favorable gold market, with production projected to rise from 7.5M to 8.3M ounces by 2028
Financial Fortitude
Analysts forecast Newmont's revenue to potentially reach $23.5B by 2026, with EPS estimates ranging from $2.89 to $3.37 for 2024 and strong cash flow generation
Streamlining for Success
Delve into Newmont's ambitious $2-4B asset divestment program, aimed at optimizing operations and enhancing shareholder value through debt reduction and share repurchases
Market Momentum
Explore how a bullish gold price outlook, with UBS projecting a 30% increase over consensus for 2025, could significantly boost Newmont's profitability and market position
Read full SWOT analysis

Newmont Goldcorp Corp Earnings Call Summary for Q4/2024

  • Newmont produced 1.7M oz of gold in Q3 2024, generating $1.6B in operational cash flow and $760M in free cash flow
  • Company initiated $2B share repurchase program, returned $786M to shareholders; adjusted EBITDA at $2B
  • Q4 2024 gold production target of 1.8M oz; all-in sustaining costs expected to decrease to $14.75/oz
  • 2025 production forecast lowered to 5.6M oz from 6M oz; Brucejack mine output 100K oz below initial guidance
  • Focus on cost management amid labor inflation; advancing projects at Tanami, Ahafo North, and Cadia
Last Updated: 10/25/2024, 06:04 AM
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Compare NEM to Peers and Sector

Metrics to compare
NEM
Peers
Sector
Relationship
P/E Ratio
−35.3x6.7x−0.2x
PEG Ratio
5.190.330.00
Price/Book
1.5x1.4x1.6x
Price / LTM Sales
2.7x2.1x1.2x
Upside (Analyst Target)
35.8%19.5%29.8%
Fair Value Upside
Unlock22.4%3.4%Unlock

Analysts' Recommendations

10 Buy
9 Hold
0 Sell
Ratings:
18 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 57.81

(+42.11% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS -1.09
Dividend Yield
2.43%
Industry Median 3.31%
Annualized payout
1
Paid quarterly
5-Years Growth
+12.30%
Growth Streak

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FAQ

What Is the Newmont Goldcorp (NEM) Stock Price Today?

The Newmont Goldcorp stock price today is 40.68

What Stock Exchange Does Newmont Goldcorp Trade On?

Newmont Goldcorp is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Newmont Goldcorp?

The stock symbol for Newmont Goldcorp is "NEM."

Does Newmont Goldcorp Pay Dividends? What’s The Current Dividend Yield?

The dividend yield is 2.46%.

What Is the Newmont Goldcorp Market Cap?

As of today, Newmont Goldcorp market cap is 46.33B.

What is Newmont Goldcorp Earnings Per Share?

The Newmont Goldcorp EPS is -1.09.

What Is the Next Newmont Goldcorp Earnings Date?

Newmont Goldcorp will release its next earnings report on Feb 19, 2025.

From a Technical Analysis Perspective, Is NEM a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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