Newmont Stock Quote Today

NEM -  USA Stock  

USD 57.17  1.77  3.19%

Newmont is selling for 57.17 as of the 30th of November 2021. This is a 3.19 percent increase since the beginning of the trading day. The stock's lowest day price was 57.17. Newmont has less than a 16 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Newmont are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of December 2019 and ending today, the 30th of November 2021. Click here to learn more.
Market Performance
0 of 100
Odds Of Distress
Less than 16
Newmont Corporation engages in the production and exploration of gold. The company was founded in 1916 and is headquartered in Denver, Colorado. Newmont operates under Gold classification in the United States and is traded on New York Stock Exchange. It employs 14300 people.. The company has 801.16 M outstanding shares of which 7.21 M shares are now shorted by investors with about 1.44 days to cover. More on Newmont

Newmont Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Newmont's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Newmont or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Newmont has a strong financial position based on the latest SEC filings
Over 82.0% of the company shares are owned by institutional investors
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Newmont Fama & French Precious Metals
Precious Metals
Fama & French Classification
Newmont SEC Filings
Newmont SEC Filings Security & Exchange Commission EDGAR Reports
Legal NameNewmont
CEOTom Palmer  (View All)
Thematic Classifications
Active investing themes Newmont currently participates. (view all). An investing theme is an unweighted collection of funds, stocks, ETFs or cryptocurrencies
Average Analyst Recommendation
Analysts covering Newmont report their recommendations after researching Newmont's financial statements, talking to executives and customers, or listening in on Newmont's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Newmont. The Newmont consensus assessment is calculated by taking the average forecast from all of the analysts covering Newmont.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Newmont based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Newmont financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 7 - StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares749.5 M803.4 M
Significantly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted660 M806 M
Significantly Down
Increasing
Slightly volatile
Net Cash Flow from Operations4.1 B4.9 B
Fairly Down
Increasing
Slightly volatile
Total Assets37.6 B41.4 B
Moderately Down
Increasing
Slightly volatile
Total Liabilities16 B17.5 B
Significantly Down
Increasing
Slightly volatile
Current Assets7.8 B8.5 B
Significantly Down
Increasing
Slightly volatile
Current Liabilities2.8 B3.4 B
Significantly Down
Decreasing
Stable
Total Debt6.7 B6.7 B
Slightly Up
Increasing
Stable
Return on Average Assets0.07550.07
Significantly Up
Increasing
Stable
Gross Margin0.50.564
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.290.285
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Newmont's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Newmont's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Newmont's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Newmont's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Newmont's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
BBB ( Average Bond Rating ) Adequate
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Newmont's financial leverage. It provides some insight into what part of Newmont's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Newmont's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Newmont deploys its capital and how much of that capital is borrowed.
Liquidity
Newmont cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 6.26 B in debt with debt to equity (D/E) ratio of 0.26, which may show that the company is not taking advantage of profits from borrowing. Newmont has a current ratio of 2.62, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due.

Operating Cash Flow

4.08 BillionShare
Newmont (NEM) is traded on New York Stock Exchange in USA. It is located in 6900 E Layton Ave, Denver, CO 80237, United States and employs 14,300 people. Newmont is listed under Precious Metals category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with total capitalization of 45.8 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Newmont's market, we take the total number of its shares issued and multiply it by Newmont's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Newmont runs under Basic Materials sector within Gold industry. The entity has 801.16 M outstanding shares of which 7.21 M shares are now shorted by investors with about 1.44 days to cover. Newmont has about 4.81 B in cash with 5.12 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.01.
Check Newmont Probability Of Bankruptcy
Ownership
Newmont holds a total of 801.16 Million outstanding shares. The majority of Newmont outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Newmont to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Newmont. Please pay attention to any change in the institutional holdings of Newmont as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Newmont Ownership Details

Newmont Stock Price Odds Analysis

What are Newmont's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Newmont jumping above the current price in 90 days from now is about 26.34%. The Newmont probability density function shows the probability of Newmont stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Newmont has a beta of -0.0623. This indicates as returns on benchmark increase, returns on holding Newmont are expected to decrease at a much lower rate. During the bear market, however, Newmont is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Newmont is significantly underperforming DOW.
 Odds Down 57.17HorizonTargetOdds Up 57.17 
73.33%90 days
 57.17 
26.34%
Based on a normal probability distribution, the odds of Newmont to move above the current price in 90 days from now is about 26.34 (This Newmont probability density function shows the probability of Newmont Stock to fall within a particular range of prices over 90 days) .

Newmont Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Newmont that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Newmont's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Newmont's value.
InstituionSecurity TypeTotal SharesValue
Blackrock IncCommon Shares92.2 MB
Vanguard Group IncCommon Shares65.7 M3.6 B
View Newmont Diagnostics

Newmont Historical Income Statement

Newmont Income Statement is one of the three primary financial statements used for reporting Newmont's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Newmont revenue and expense. Newmont Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Newmont Net Income is relatively stable at the moment as compared to the past year. The company's current value of Net Income is estimated at 3.05 Billion. Net Income Common Stock is expected to hike to about 3.1 B this year, although the value of Gross Profit will most likely fall to nearly 5.2 B. View More Fundamentals

Newmont Stock Against Markets

Picking the right benchmark for Newmont stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Newmont stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Newmont is critical whether you are bullish or bearish towards Newmont at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Newmont without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Newmont Corporate Directors

Newmont corporate directors refer to members of a Newmont board of directors. The board of directors generally takes responsibility for the Newmont's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Newmont's board members must vote for the resolution. The Newmont board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Joseph Carrabba - Independent DirectorProfile
Julio Quintana - Independent DirectorProfile
Charles Sartain - Independent DirectorProfile
Cristina Bitar - Independent DirectorProfile
Additionally, see Stocks Correlation. Note that the Newmont information on this page should be used as a complementary analysis to other Newmont's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Newmont price analysis, check to measure Newmont's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newmont is operating at the current time. Most of Newmont's value examination focuses on studying past and present price action to predict the probability of Newmont's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Newmont's price. Additionally, you may evaluate how the addition of Newmont to your portfolios can decrease your overall portfolio volatility.
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Is Newmont's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newmont. If investors know Newmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newmont listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Newmont is measured differently than its book value, which is the value of Newmont that is recorded on the company's balance sheet. Investors also form their own opinion of Newmont's value that differs from its market value or its book value, called intrinsic value, which is Newmont's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newmont's market value can be influenced by many factors that don't directly affect Newmont's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newmont's value and its price as these two are different measures arrived at by different means. Investors typically determine Newmont value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.