Grufity logoGrufity logo

NEM

48.15USD-0.52(-1.07%)Delayedas of 05 Dec 2022, 11:32 am

Newmont Mining Corp

Market Summary

USD48.15-0.52Delayedas of 05 Dec 2022, 11:32 am
-1.07%

NEM Alerts

NEM Stock Price

RSI Chart

Valuation

Market Cap

34.0B

Price/Earnings

42.95

Price/Sales

2.75

Price/Cashflow

8.14

MarketCap/EBT

74.27

Price/Sales

Profitability

EBT Margin

3.70%

Return on Equity

3.7%

Return on Assets

2%

Fundamentals

Revenue

Revenue (TTM)

12.1B

Revenue Y/Y

-9.02%

Revenue Q/Q

-13.87%

Earnings

Earnings (TTM)

1.0B

Earnings Y/Y

7.0K%

Earnings Q/Q

-44.96%

Price Action

52 Week Range

37.4585.67
(Low)(High)

Last 7 days

6.2%

Last 30 days

23.1%

Last 90 days

18.4%

Trailing 12 Months

-6.3%

Financial Health

Current Ratio

2.82

Debt/Equity

0.26

Debt/Cashflow

0.74

Investor Care

Dividend Yield

5.13%

Dividend/Share (TTM)

2.2

Buy Backs (1Y)

0.46%

Diluted EPS (TTM)

1.27

Peers (Alternatives to Newmont Mining)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
46.0B
23.2B
29.70% 10.31%
7.64
1.9
9.49% 68.52%
36.4B
10.1B
30.36% 12.48%
12.43
3.44
-3.92% 4.47%
35.3B
43.2B
19.79% 45.14%
3.9
0.82
37.52% 72.87%
34.0B
12.1B
23.12% -6.32%
42.95
2.75
-0.88% -50.79%
16.7B
22.7B
18.61% 86.27%
3.77
0.73
44.88% 204.22%
MID-CAP
7.1B
13.1B
33.41% 13.26%
-59.21
0.54
17.17% -114.69%
6.9B
23.3B
34.15% -18.43%
2.84
0.3
34.21% 13.11%
4.9B
22.3B
39.82% 21.90%
1.42
0.22
29.82% 8.40%
2.5B
709.2M
32.41% 10.52%
1.7K
3.34
-12.59% -171.54%
SMALL-CAP
1.5B
-
37.30% -7.70%
-32.75
21.5
- -23.06%
1.1B
783.4M
-3.33% -33.59%
-7.95
1.33
-8.19% -1488.99%
82.0M
751.0K
10.38% -62.75%
-3.59
109.15
-23.76% -59.20%
36.9M
140.0K
20.45% 37.55%
-10.94
225.11
-34.73% -53.52%
34.5M
543.7K
-9.77% -77.35%
-0.73
39.76
4.30% -288.98%

Financials for Newmont Mining

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue-2.1%12,10512,36612,37312,22212,213
  S&GA Expenses3.5%267258259254
  R&D Expenses22.9%215175167154138
Earnings Before Taxes80.1%8254589931,1082,549
Net Income26.5%1,0027921,0551,1662,036
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-1.4%39,14339,69039,91340,56439,865
  Current Assets-8.5%6,3206,9077,0597,6967,472
    Cash Equivalents-29.0%3,0584,3074,2724,9924,636
  Net PPE0.1%24,15024,13124,07024,12423,711
  Goodwill0%2,7712,7712,7712,7712,771
Liabilities-1.9%17,74318,09118,28218,70316,579
  Current Liabilities-5.2%2,3242,4512,4172,6542,799
  Long Term Debt0%5,6245,6245,6245,7115,530
    LT Debt, CurrentNaN%---87492
    LT Debt, Non Current0.0%5,5695,5685,5665,5654,990
Shareholder's Equity-0.1%21,40021,42121,44922,02222,712
  Retained Earnings-7.4%2,8313,0563,1073,0983,739
  Additional Paid-In Capital0.1%17,33417,31217,98118,078-
Shares Outstanding0.1%794793792799-
Minority Interest1.7%181178182-209.00526
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-16.1%3,5094,1804,1324,2794,666
  Share Based Compensation-72
Cashflow From Investing-46.9%-2,608.00-1,775.00-2,037.00-1,868.00-1,928.00
Cashflow From Financing8.7%-2,472.00-2,709.00-3,342.00-2,958.00-2,924.00
  Dividend Payments-0.2%1,7491,7521,7571,641
  Buy Backs-29.2%554782525451

Risks

What is the probability of a big loss on NEM?

71.9%


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

8.1%


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

7.3%


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.

Returns

Cumulative Returns on NEM

2.7%


10-Year Cumulative Returns

15.4%


7-Year Cumulative Returns

8.3%


5-Year Cumulative Returns

10.0%


3-Year Cumulative Returns

What are the long-term rolling returns for NEM?

FIve years rolling returns for Newmont Mining.

Which funds bought or sold NEM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
London & Capital Asset Management Ltd
REDUCED
-58.04
-1,663,000
698,000
0.06%
2022-11-29
Bridgefront Capital, LLC
NEW
-
214,000
214,000
0.22%
2022-11-23
Toroso Investments, LLC
ADDED
45.51
80,000
3,291,000
0.14%
2022-11-23
Eagle Bay Advisors LLC
ADDED
19.64
-31,061
164,000
0.10%
2022-11-22
CVA Family Office, LLC
REDUCED
-12.84
-25,000
40,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
3,112,000
3,112,000
0.04%
2022-11-22
Mint Tower Capital Management B.V.
SOLD OFF
-100
-74,000
-
-%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
23.32
-704,000
4,652,000
0.14%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-6,000
13,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.35
-25,467,000
57,988,000
0.10%

1–10 of 44

Latest Funds Activity

Are funds buying NEM calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own NEM

Newmont Mining News

Simply Wall St

We Wouldn't Be Too Quick To Buy Newmont Corporation (NYSE:NEM) Before It Goes Ex-Dividend.2 days ago

NEM Fair Value

Recent SEC filings of Newmont Mining

View All Filings
Date Filed Form Type Document
Nov 07, 2022
4
Insider Trading
Nov 07, 2022
4
Insider Trading
Nov 07, 2022
3
Insider Trading
Nov 03, 2022
4
Insider Trading
Nov 03, 2022
4
Insider Trading
Nov 03, 2022
4
Insider Trading
Nov 01, 2022
8-K
Current Report
Nov 01, 2022
10-Q
Quarterly Report
Oct 05, 2022
4
Insider Trading
Oct 05, 2022
4
Insider Trading

Latest Insider Trading transactions for NEM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-03
Tabolt Brian
ACQUIRED
-
-
18,523
Interim CFO
2022-11-03
Cage Joshua
ACQUIRED
-
-
6,615
Interim Controller and CAO
2022-11-02
Casper Mark
SOLD
-205,282
41.98
-4,890
Acting CTO
2022-11-01
Palmer Thomas Ronald
SOLD
-473,220
43.02
-11,000
President & CEO
2022-11-01
Atkinson Robert D
SOLD
-129,060
43.02
-3,000
EVP & COO
2022-09-01
Atkinson Robert D
SOLD
-122,370
40.79
-3,000
EVP & COO
2022-09-01
Palmer Thomas Ronald
SOLD
-448,690
40.79
-11,000
President & CEO
2022-08-01
Atkinson Robert D
SOLD
-136,050
45.35
-3,000
EVP & COO
2022-08-01
Palmer Thomas Ronald
SOLD
-498,850
45.35
-11,000
President & CEO
2022-07-27
Toth Peter
ACQUIRED
-
-
87,700
EVP, Strategic Development

1–10 of 50

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.

NEM Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Sales$ 2,634$ 2,895$ 8,715$ 8,832
Costs and expenses:    
Costs Applicable to Sales[1]1,5451,3674,6883,895
Depreciation and amortization5085701,6141,684
Reclamation and remediation (Note 5)53117163220
Exploration6960169147
Advanced projects, research and development8040169108
General and administrative7361210190
Loss on assets held for sale (Note 1)05710571
Other expense, net (Note 6)114368134
Total costs and expenses2,3392,8297,0816,949
Other income (expense):    
Other income (loss), net (Note 7)56(71)(128)(60)
Interest expense, net of capitalized interest(55)(66)(174)(208)
Total other income (expense)1(137)(302)(268)
Income (loss) before income and mining tax and other items296(71)1,3321,615
Income and mining tax benefit (expense) (Note 8)(96)(222)(343)(798)
Equity income (loss) of affiliates (Note 10)253981138
Net income (loss) from continuing operations225(254)1,070955
Net income (loss) from discontinued operations(5)111942
Net income (loss)220(243)1,089997
Net loss (income) attributable to noncontrolling interests(7)246(41)215
Net income (loss) attributable to Newmont stockholders21331,0481,212
Net income (loss) attributable to Newmont stockholders:    
Continuing operations218(8)1,0291,170
Discontinued operations(5)111942
Net income (loss) attributable to Newmont stockholders$ 213$ 3$ 1,048$ 1,212
Weighted average common shares:    
Basic (in shares)794799793800
Effect of employee stock-based awards (in shares)1122
Diluted (in shares)795800795802
Basic:    
Continuing operations (in dollars per share)$ 0.28$ (0.01)$ 1.30$ 1.47
Discontinued operations (in dollars per share)(0.01)0.010.020.05
Net income (loss) per common share, basic (in dollars per share)0.2701.321.52
Diluted:    
Continuing operations (in dollars per share)[2]0.28(0.01)1.301.46
Discontinued operations (in dollars per share)[2](0.01)0.010.020.05
Net income (loss) per common share, diluted (in dollars per share)[2]$ 0.27$ 0$ 1.32$ 1.51
[1]Excludes Depreciation and amortization and Reclamation and remediation.
[2]For the three months ended September 30, 2021, potentially dilutive shares were excluded in the computation of diluted loss per common share attributable to Newmont stockholders as they were antidilutive.

NEM Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
ASSETS  
Cash and cash equivalents$ 3,058$ 4,992
Time deposits and other investments (Note 10)75582
Trade receivables (Note 4)289337
Inventories (Note 11)1,000930
Stockpiles and ore on leach pads (Note 12)694857
Other current assets524498
Current assets6,3207,696
Property, plant and mine development, net24,15024,124
Investments (Note 10)3,1983,243
Stockpiles and ore on leach pads (Note 12)1,8391,775
Deferred income tax assets208269
Goodwill2,7712,771
Other non-current assets657686
Total assets39,14340,564
LIABILITIES  
Accounts payable570518
Employee-related benefits337386
Income and mining taxes payable174384
Lease and other financing obligations94106
Debt (Note 13)087
Other current liabilities (Note 14)1,1491,173
Current liabilities2,3242,654
Debt (Note 13)5,5695,565
Lease and other financing obligations464544
Reclamation and remediation liabilities (Note 5)5,8255,839
Deferred income tax liabilities1,8642,144
Employee-related benefits364439
Silver streaming agreement850910
Other non-current liabilities (Note 14)483608
Total liabilities17,74318,703
Contingently redeemable noncontrolling interest (Note 1)048
Commitments and contingencies (Note 17)
EQUITY  
Common stock1,2791,276
Treasury stock(238)(200)
Additional paid-in capital17,35417,981
Accumulated other comprehensive income (loss) (Note 15)(7)(133)
Retained earnings (accumulated deficit)2,8313,098
Newmont stockholders' equity21,21922,022
Noncontrolling interests181(209)
Total equity21,40021,813
Total liabilities and equity$ 39,143$ 40,564