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Newmont Mining Corp Stock Research

NEM

40.52USD-0.43(-1.05%)Market Closed
Watchlist

Market Summary

USD40.52-0.43
Market Closed
-1.05%

NEM Alerts

  • 2 major insider sales recently.
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

NEM Stock Price

NEM RSI Chart

NEM Valuation

Market Cap

32.6B

Price/Earnings (Trailing)

-42.95

Price/Sales (Trailing)

2.91

EV/EBITDA

16.72

Price/Free Cashflow

12.39

NEM Price/Sales (Trailing)

NEM Profitability

EBT Margin

-1.21%

Return on Equity

-2.71%

Return on Assets

-1.37%

Free Cashflow Yield

8.07%

NEM Fundamentals

NEM Revenue

Revenue (TTM)

11.2B

Revenue Y/Y

-12.26%

Revenue Q/Q

0.15%

NEM Earnings

Earnings (TTM)

-758.0M

Earnings Y/Y

-59.95%

Earnings Q/Q

-55.84%

Price Action

52 Week Range

37.4560.08
(Low)(High)

Last 7 days

4.3%

Last 30 days

7.1%

Last 90 days

-2.8%

Trailing 12 Months

-4.3%

NEM Financial Health

Current Ratio

2.38

Debt/Equity

0.29

Debt/Cashflow

0.57

NEM Investor Care

Dividend Yield

4.64%

Dividend/Share (TTM)

1.9

Shares Dilution (1Y)

0.13%

Diluted EPS (TTM)

-0.96

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for NEM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-01
Ebel Mark David
sold
-7,303
39.91
-183
interim chief legal officer
2023-09-01
Palmer Thomas Ronald
sold
-439,010
39.91
-11,000
president & ceo
2023-09-01
Atkinson Robert D
sold
-219,505
39.91
-5,500
evp & coo
2023-08-01
Palmer Thomas Ronald
sold
-463,760
42.16
-11,000
president & ceo
2023-07-27
Toth Peter
sold (taxes)
-555,726
43.45
-12,790
evp, chief strat. & sustain.
2023-07-24
Ovelmen Karyn F.
acquired
-
-
30,071
evp & cfo
2023-07-24
Ebel Mark David
acquired
-
-
11,566
interim chief legal officer
2023-07-03
Palmer Thomas Ronald
sold
-471,350
42.85
-11,000
president & ceo
2023-06-01
Palmer Thomas Ronald
sold
-449,240
40.84
-11,000
president & ceo
2023-05-01
Atkinson Robert D
sold
-143,280
47.76
-3,000
evp & coo

1–10 of 50

Which funds bought or sold NEM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
reduced
-39.87
-28,485
31,270
0.01%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
-369
2,474
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
5,333
5,333
-%
2023-09-05
Delos Wealth Advisors, LLC
unchanged
-
-70.00
470
-%
2023-08-30
Strait & Sound Wealth Management LLC
new
-
309,626
309,626
0.31%
2023-08-30
Western Wealth Management, LLC
added
7.4
-19,859
283,672
0.02%
2023-08-28
DT Investment Partners, LLC
unchanged
-
-2,265
18,103
-%
2023-08-28
Lavaca Capital LLC
unchanged
-
-75,048
503,388
0.15%
2023-08-25
STRATEGY ASSET MANAGERS LLC
added
20.72
393,753
8,174,740
1.81%
2023-08-24
Alberta Investment Management Corp
unchanged
-
-1,904,910
12,777,300
0.12%

1–10 of 48

Latest Funds Activity

Are funds buying NEM calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NEM
No. of Funds

Schedule 13G FIlings of Newmont Mining

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
8.72%
69,210,466
SC 13G/A
Feb 07, 2023
state street corp
5.10%
40,484,102
SC 13G/A
Jan 27, 2023
blackrock inc.
11.6%
92,123,660
SC 13G/A
Jan 23, 2023
blackrock inc.
11.6%
92,123,660
SC 13G/A
Feb 11, 2022
state street corp
5.06%
40,382,898
SC 13G/A
Jan 28, 2022
blackrock inc.
11.5%
91,635,498
SC 13G/A
Feb 10, 2021
vanguard group inc
9.13%
73,357,461
SC 13G/A
Jan 27, 2021
blackrock inc.
11.7%
93,636,337
SC 13G/A
Feb 12, 2020
vanguard group inc
11.24%
92,227,631
SC 13G/A
Feb 04, 2020
blackrock inc.
13.7%
112,247,978
SC 13G/A

Recent SEC filings of Newmont Mining

View All Filings
Date Filed Form Type Document
Sep 20, 2023
DEFA14A
DEFA14A
Sep 18, 2023
8-K
Current Report
Sep 18, 2023
DEFA14A
DEFA14A
Sep 08, 2023
8-K
Current Report
Sep 08, 2023
DEFA14A
DEFA14A
Sep 06, 2023
4
Insider Trading
Sep 06, 2023
4
Insider Trading
Sep 06, 2023
4
Insider Trading
Sep 06, 2023
8-K/A
Current Report
Sep 05, 2023
DEFM14A
DEFM14A

Peers (Alternatives to Newmont Mining)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
60.2B
10.1B
-0.89% 66.15%
21.57
5.98
-4.76% -4.71%
55.5B
21.9B
-0.10% 30.86%
16.73
2.53
-9.80% -44.93%
38.9B
37.5B
-7.32% 36.88%
7.01
1.04
-12.82% -38.59%
32.6B
11.2B
7.06% -4.32%
-42.95
2.91
-9.46% -195.71%
16.7B
20.5B
-3.48% 32.17%
5.53
0.82
-7.79% -31.70%
MID-CAP
7.3B
22.0B
-3.67% -0.89%
26.69
0.33
-9.91% -92.35%
6.5B
10.9B
2.76% -32.21%
-9.33
0.55
-18.81% -240.88%
2.5B
718.8M
-0.58% 3.51%
-52.61
3.43
-4.97% -3169.79%
-
19.0B
-1.60% 55.93%
-
-
-17.70% -72.82%
SMALL-CAP
1.7B
-
8.40% -0.68%
-31.4
-
- -14.17%
770.4M
757.6M
-9.47% -29.26%
-11.79
1.02
-6.28% 51.69%
74.4M
1.3M
3.00% -18.50%
-3.23
56.41
75.63% -0.91%
46.5M
136.7K
-5.18% -0.29%
-1.25
340.54
-84.23% 20.82%
35.7M
-
-9.61% -2.17%
-11.35
302.56
- 6.90%

Newmont Mining News

Investing News Network
Pan American Silver to Host ESG Conference Call and Webcast October 19.
Investing News Network,
82 minutes ago
Investopedia
InvestorPlace
TheBull.com.au
Barchart
InvestorPlace
The Northern Miner

Returns for NEM

Cumulative Returns on NEM

5.5%


10-Year Cumulative Returns

1.9%


7-Year Cumulative Returns

7.8%


5-Year Cumulative Returns

-12.5%


3-Year Cumulative Returns

Risks for NEM

What is the probability of a big loss on NEM?

84.6%


Probability that Newmont Mining stock will be more than 20% underwater in next one year

19.6%


Probability that Newmont Mining stock will be more than 30% underwater in next one year.

16.9%


Probability that Newmont Mining stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NEM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Newmont Mining was unfortunately bought at previous high price.

Drawdowns

Financials for Newmont Mining

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-3.2%11,19611,57111,91512,10512,36612,37312,22212,21312,48811,78811,49711,08310,62610,5189,7408,8217,8347,2397,2537,1407,293
Costs and Expenses-1.7%11,46111,66211,71211,09711,58711,17310,9659,4108,7538,5838,6918,6788,7619,0728,4637,6897,2746,4766,4636,4276,142
  S&GA Expenses-0.7%284286276279267258259254261269269294310319313287262244244247246
  R&D Expenses-0.5%219220229215175167154138137126122140144150150148142146153151155
EBITDA-100.0%-2,1312,306-2,7733,5393,660--5,6565,7045,4007,2546,6835,9265,2222,0672,144---
EBITDA Margin-100.0%-0.18*0.19*-0.22*0.29*0.30*--0.48*0.50*0.49*0.68*0.64*0.61*0.59*0.26*0.30*---
Interest Expenses---172---229---261---273------
Earnings Before Taxes-77.1%-248-140-51.008254589931,1082,5493,5003,1073,1432,8294,7274,1973,6933,3514457307387251,131
EBT Margin100.0%--0.01*0.00*0.07*0.04*0.08*0.09*0.21*0.28*0.26*0.27*0.26*0.44*0.40*0.38*0.38*-----
Net Income-44.1%-758-526-4291,0027921,0551,1662,0362,8722,5662,8292,5703,9093,5402,8052,242-81.00236341-203148
Net Income Margin100.0%--0.05*-0.04*0.08*0.06*0.09*0.10*0.17*0.23*0.22*0.25*0.23*0.37*0.34*0.29*0.25*-----
Free Cashflow-100.0%-3,0073,2203,5094,1804,1324,2794,6665,1184,7874,8824,4013,5963,2312,8662,401-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-0.6%38,13338,37438,48239,14339,69039,91340,56439,86540,67741,06341,36940,55139,88539,69939,97440,76336,98720,88020,71520,55920,655
  Current Assets-6.5%6,1346,5596,5156,3206,9077,0597,6967,4727,4458,3648,5057,6606,6846,4556,2725,6984,6385,3975,2774,9354,967
    Cash Equivalents6.5%2,8292,6572,8773,0584,3074,2724,9924,6364,5835,5185,5404,8283,8083,7092,3492,7121,8273,5453,4893,0683,127
  Net PPE0.8%24,28424,09724,07324,15024,13124,07024,12423,71124,50024,08124,28124,33324,67624,95225,27626,19723,37712,26412,25812,20912,351
  Goodwill0%1,9711,9711,9712,7712,7712,7712,7712,7712,7712,7712,7712,7712,7712,7632,6743,078268-58.00--
Liabilities-0.5%18,71818,81518,94917,74318,09118,28218,70316,57916,58317,07117,49016,93116,91416,91917,55718,27916,6149,3619,2038,9368,822
  Current Liabilities-2.1%2,6932,7522,9262,3242,4512,4172,6542,7992,7873,4803,3692,7032,3781,9522,3852,6112,5381,8151,7871,0511,080
    LT Debt, Current-------87.004924911,04255155155286.00-626626626626--
    LT Debt, Non Current0.0%5,5745,5725,5715,5695,5685,5665,5654,9904,9894,9885,4805,4795,4786,0306,1386,1395,4753,4203,4184,0434,042
Shareholder's Equity-1.7%19,22519,55919,35421,21921,59921,63121,81323,23824,06023,95823,84523,57722,92822,73522,37022,43520,32511,47111,46511,57411,785
  Retained Earnings-17.2%7859489162,8313,0563,1073,0983,7394,2424,1204,0023,6232,9892,8462,2912,036-25.00385383361592
  Additional Paid-In Capital0.1%17,40717,38617,36917,35417,33417,31217,98118,07818,10518,11918,10318,15618,13018,07818,21618,46018,4349,6329,6189,6009,595
Shares Outstanding0.1%795794793794794793792799801801800803--808---533--
Minority Interest4.4%190182179181178182-2095268218318379169249299501,005971972963977972
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-12.6%2,6273,0073,2203,5094,1804,1324,2794,6665,1184,7874,8824,4013,5963,2312,8662,4012,0352,1351,8271,8321,893
  Share Based Compensation-84.00---80.00----------------
Cashflow From Investing12.7%-2,449-2,806-2,983-2,608-1,775-2,037-1,868-1,928-1,875-1,38291.0093.00-8.00172-1,226-1,110-1,039-1,216-1,177-1,212-1,023
Cashflow From Financing10.4%-1,623-1,811-2,356-2,472-2,709-3,342-2,958-2,924-2,469-1,605-1,680-2,390-1,618-3,220-2,777-1,615-2,260-419-455-472-792
  Dividend Payments-7.3%1,5091,6281,7461,7461,7491,7521,7571,6411,4021,163834628536925889850817301301266230
  Buy Backs----554782-525451337200521428428428-2.0028.0034.0098.00128140

NEM Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Sales (Note 4)$ 2,683$ 3,058$ 5,362$ 6,081
Costs and expenses:    
Costs applicable to sales[1]1,5431,7083,0253,143
Depreciation and amortization4865599471,106
Reclamation and remediation (Note 5)6649132110
Exploration6662114100
Advanced projects, research and development44457989
General and administrative7173145137
Other expense, net (Note 6)41224957
Total costs and expenses2,3172,5184,4914,742
Other income (expense):    
Other income (loss), net (Note 7)(17)(75)82(184)
Interest expense, net of capitalized interest(49)(57)(114)(119)
Total other income (expense)(66)(132)(32)(303)
Income (loss) before income and mining tax and other items3004088391,036
Income and mining tax benefit (expense) (Note 8)(163)(33)(376)(247)
Equity income (loss) of affiliates (Note 11)16174156
Net income (loss) from continuing operations153392504845
Net income (loss) from discontinued operations281424
Net income (loss)155400518869
Net loss (income) attributable to noncontrolling interests (Note 1)0(13)(12)(34)
Net income (loss) attributable to Newmont stockholders155387506835
Net income (loss) attributable to Newmont stockholders:    
Continuing operations153379492811
Discontinued operations281424
Net income (loss) attributable to Newmont stockholders$ 155$ 387$ 506$ 835
Weighted average common shares:    
Basic (in shares)795794794793
Effect of employee stock-based awards (in shares)0112
Diluted (in shares)795795795795
Basic:    
Continuing operations (in dollars per share)$ 0.19$ 0.48$ 0.62$ 1.02
Discontinued operations (in dollars per share)00.010.020.03
Net income (loss) per common share, basic (in dollars per share)0.190.490.641.05
Diluted:    
Continuing operations (in dollars per share)0.190.480.621.02
Discontinued operations (in dollars per share)00.010.020.03
Net income (loss) per common share, diluted (in dollars per share)$ 0.19$ 0.49$ 0.64$ 1.05
[1]Excludes Depreciation and amortization and Reclamation and remediation.

NEM Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
ASSETS  
Cash and cash equivalents$ 2,829$ 2,877
Time deposits and other investments (Note 11)409880
Trade receivables (Note 4)185366
Inventories (Note 12)1,111979
Stockpiles and ore on leach pads (Note 13)858774
Other current assets742639
Current assets6,1346,515
Property, plant and mine development, net24,28424,073
Investments (Note 11)3,1723,278
Stockpiles and ore on leach pads (Note 13)1,7371,716
Deferred income tax assets166173
Goodwill1,9711,971
Other non-current assets669756
Total assets38,13338,482
LIABILITIES  
Accounts payable565633
Employee-related benefits313399
Income and mining taxes payable155199
Lease and other financing obligations9696
Other current liabilities (Note 15)1,5641,599
Current liabilities2,6932,926
Debt (Note 14)5,5745,571
Lease and other financing obligations441465
Reclamation and remediation liabilities (Note 5)6,6046,578
Deferred income tax liabilities1,7951,809
Employee-related benefits399342
Silver streaming agreement786828
Other non-current liabilities (Note 15)426430
Total liabilities18,71818,949
Commitments and contingencies (Note 18)
EQUITY  
Common stock1,2811,279
Treasury stock(261)(239)
Additional paid-in capital17,40717,369
Accumulated other comprehensive income (loss) (Note 16)1329
Retained earnings (accumulated deficit)785916
Newmont stockholders' equity19,22519,354
Noncontrolling interests190179
Total equity19,41519,533
Total liabilities and equity$ 38,133$ 38,482
Thomas R. Palmer
31000
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, 2021, it had proven and probable gold reserves of 92.8 million ounces and land position of 62,800 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.