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NEM

NEM - Newmont Goldcorp Corp Stock Price, Fair Value and News

38.61USD+0.90 (+2.39%)Market Closed

Market Summary

NEM
USD38.61+0.90
Market Closed
2.39%

NEM Stock Price

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NEM RSI Chart

NEM Valuation

Market Cap

43.5B

Price/Earnings (Trailing)

-17.43

Price/Sales (Trailing)

3.68

EV/EBITDA

155.45

Price/Free Cashflow

15.73

NEM Price/Sales (Trailing)

NEM Profitability

EBT Margin

-17.19%

Return on Equity

-8.59%

Return on Assets

-4.49%

Free Cashflow Yield

6.36%

NEM Fundamentals

NEM Revenue

Revenue (TTM)

11.8B

Rev. Growth (Yr)

23.66%

Rev. Growth (Qtr)

58.72%

NEM Earnings

Earnings (TTM)

-2.5B

Earnings Growth (Yr)

-113.81%

Earnings Growth (Qtr)

-2.1K%

Breaking Down NEM Revenue

Last 7 days

-1.0%

Last 30 days

11.7%

Last 90 days

9.5%

Trailing 12 Months

-21.5%

How does NEM drawdown profile look like?

NEM Financial Health

Current Ratio

1.25

Debt/Equity

0.24

Debt/Cashflow

0.4

NEM Investor Care

Dividend Yield

4.24%

Dividend/Share (TTM)

1.6

Shares Dilution (1Y)

45.20%

Diluted EPS (TTM)

-2.98

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202311.6B11.2B11.1B11.8B
202212.4B12.4B12.1B11.9B
202111.8B12.5B12.2B12.2B
202010.5B10.6B11.1B11.5B
20197.2B7.8B8.8B9.7B
20187.5B7.3B7.1B7.3B
20176.9B7.1B7.2B7.4B
20165.9B6.1B6.4B6.7B
20157.1B6.8B6.7B6.1B
20148.0B7.7B7.5B7.3B
20139.4B9.2B8.7B8.4B
201212.4B12.3B14.1B10.0B
20117.7B7.8B6.3B12.2B
20108.4B9.0B7.7B0
20095.7B5.8B6.5B7.7B
20085.6B5.8B6.0B6.1B
20070005.5B
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Tracking the Latest Insider Buys and Sells of Newmont Goldcorp Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 29, 2024
cage joshua
sold
-
-
-935
interim controller and cao
Feb 28, 2024
cage joshua
sold (taxes)
-9,495
29.86
-318
interim controller and cao
Feb 28, 2024
palmer thomas ronald
sold (taxes)
-167,903
29.86
-5,623
president & ceo
Feb 28, 2024
ebel mark david
sold (taxes)
-16,452
29.86
-551
interim chief legal officer
Feb 28, 2024
gehring dean
sold (taxes)
-32,905
29.86
-1,102
evp, chief dev officer-peru
Feb 28, 2024
cmil jennifer
sold (taxes)
-32,905
29.86
-1,102
evp and chief people officer
Feb 28, 2024
atkinson robert d
sold (taxes)
-65,781
29.86
-2,203
evp & coo
Feb 27, 2024
palmer thomas ronald
sold (taxes)
-309,073
30.01
-10,299
president & ceo
Feb 27, 2024
cage joshua
sold (taxes)
-17,285
30.01
-576
interim controller and cao
Feb 27, 2024
cmil jennifer
sold (taxes)
-50,506
30.01
-1,683
evp and chief people officer

1–10 of 50

Which funds bought or sold NEM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
MUHLENKAMP & CO INC
added
94.25
4,053,890
9,997,530
2.90%
Apr 23, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
reduced
-3.17
-401,000
2,082,000
0.07%
Apr 23, 2024
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
unchanged
-
4,381
55,628
-%
Apr 23, 2024
Live Oak Private Wealth LLC
new
-
4,905,240
4,905,240
0.85%
Apr 23, 2024
VALICENTI ADVISORY SERVICES INC
added
7.24
-558,000
7,255,000
2.02%
Apr 23, 2024
BFSG, LLC
sold off
-100
-6,209
-
-%
Apr 23, 2024
WASHINGTON TRUST Co
unchanged
-
-2,081
13,440
-%
Apr 23, 2024
Main Street Financial Solutions, LLC
new
-
236,831
236,831
0.03%
Apr 23, 2024
Retireful, LLC
sold off
-100
-2,237,420
-
-%
Apr 23, 2024
Tennessee Valley Asset Management Partners
sold off
-100
-2,262
-
-%

1–10 of 49

Are Funds Buying or Selling NEM?

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

Unveiling Newmont Goldcorp Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.79%
124,407,515
SC 13G/A
Jan 25, 2024
state street corp
4.40%
50,710,035
SC 13G/A
Jan 24, 2024
blackrock inc.
10.8%
123,967,973
SC 13G/A
Oct 10, 2023
vanguard group inc
10.39%
82,578,807
SC 13G/A
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

Recent SEC filings of Newmont Goldcorp Corp

View All Filings
Date Filed Form Type Document
Apr 12, 2024
DEFA14A
DEFA14A
Apr 05, 2024
DEFA14A
DEFA14A
Mar 19, 2024
3
Insider Trading
Mar 11, 2024
ARS
ARS
Mar 11, 2024
DEF 14A
DEF 14A
Mar 11, 2024
DEFA14A
DEFA14A
Mar 08, 2024
8-K
Current Report
Mar 05, 2024
8-K
Current Report
Feb 29, 2024
4
Insider Trading
Feb 29, 2024
4
Insider Trading

Peers (Alternatives to Newmont Goldcorp Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
84.8B
9.9B
5.10% 37.98%
34.83
8.57
-1.51% -8.06%
68.8B
22.9B
6.39% 21.38%
18.35
3.01
0.33% -16.25%
43.5B
11.8B
11.67% -21.47%
-17.43
3.68
-0.86% -481.35%
42.0B
34.7B
-10.23% 12.58%
9.29
1.21
-16.38% -40.52%
18.0B
14.8B
-4.98% 25.64%
13.45
1.22
-13.03% -27.33%
9.2B
22.0B
-12.75% 14.44%
20.54
0.42
-4.32% -67.30%
MID-CAP
6.5B
10.6B
14.78% -5.26%
-9.8
0.61
-15.26% -3472.97%
6.3B
8.4B
-5.93% 13.09%
9.26
0.75
-8.32% -10.17%
3.3B
720.2M
23.88% -14.84%
-38.89
4.55
0.18% -125.49%
2.5B
1.7B
-10.63% 7.38%
25.88
1.49
-5.23% 11.29%
SMALL-CAP
1.8B
821.2M
38.44% 26.30%
-17.22
2.17
4.53% -32.65%
1.6B
2.2B
32.75% 98.53%
-37.75
0.74
-21.31% -205.67%
545.7M
1.2B
-24.73% -59.09%
-9.34
0.46
-5.61% -206.82%
8.5M
12.0M
100.00% -90.33%
-0.92
0.7
-48.46% 6.84%
989.3K
134.6M
- -94.16%
-1.37
0.01
-14.16% -115.91%

Newmont Goldcorp Corp News

Latest updates
CNN • 27 Mar 2024 • 12:42 am
Net Newsledger • 01 Mar 2024 • 08:00 am
Nasdaq • 2 months ago

Newmont Goldcorp Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue58.7%3,9572,4932,6832,6793,2002,6343,0583,0233,3902,8953,0652,8723,3813,1702,3652,5812,9672,7132,2571,8032,048
Costs and Expenses200.0%6,7662,2552,3172,1744,6312,3392,5182,2244,0162,8292,1042,0162,4612,1721,9342,1242,4482,2552,2451,5151,674
  S&GA Expenses20.0%84.0070.0071.0074.0066.0073.0073.0064.0069.0061.0064.0065.0064.0068.0072.0065.0089.0084.0081.0059.0063.00
  R&D Expenses28.3%68.0053.0044.0035.0060.0080.0045.0044.0046.0040.0037.0031.0030.0039.0026.0027.0048.0043.0032.0027.0046.00
EBITDA Margin-0.03*-0.17*0.18*0.19*0.27*0.24*0.29*0.30*0.42*0.49*0.48*0.50*--------
Income Taxes5.5%77.0073.0016321311296.0033.00214300222341235258305164-23.0012955820.00125260
Earnings Before Taxes-1437.1%-3,102232300539-1,383296408628-507-71.009437439348805507796202,77820.00275278
EBT Margin-509.2%-0.17*-0.03*-0.02*-0.01*0.00*0.07*0.04*0.08*0.09*0.21*0.28*0.26*0.27*--------
Net Income-2098.7%-3,158158155351-1,477213387448-46.003.006505598248393448225652,178-25.0087.002.00
Net Income Margin-187.1%-0.21*-0.07*-0.07*-0.05*-0.04*0.08*0.06*0.09*0.10*0.17*0.23*0.22*0.25*--------
Free Cashflow-38.6%6161,0036634811,0104731,0436941,2991,1449958411,686--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets45.7%55,50638,08438,13338,37438,48239,14339,69039,91340,56439,86540,67741,06341,36940,55139,88539,69939,97440,76336,98720,88020,715
  Current Assets26.1%7,5125,9556,1346,5596,5156,3206,9077,0597,6967,4727,4458,3648,5057,6606,6846,4556,2725,6984,6385,3975,277
    Cash Equivalents-5.9%3,0023,1902,8292,6572,8773,0584,3074,2724,9924,6364,5835,5185,6484,8283,8083,7092,3492,7121,8273,5453,489
  Net PPE-100.0%-24,47424,28424,09724,07324,15024,13124,07024,12423,71124,50024,08124,28124,33324,67624,95225,27626,19723,37712,26412,258
  Goodwill52.3%3,0011,9711,9711,9711,9712,7712,7712,7712,7712,7712,7712,7712,7712,7712,7712,7632,6743,078268-58.00
Liabilities39.7%26,30118,82418,71818,81518,94917,74318,09118,28218,70316,57916,58317,07117,49016,93116,91416,91917,55718,27916,6149,3619,203
  Current Liabilities113.6%5,9982,8082,6932,7522,9262,3242,4512,4172,6542,7992,7873,4803,3692,7032,3781,9522,3852,6112,5381,8151,787
  Long Term Debt24.7%6,9515,5755,5745,5725,5715,5695,5685,5665,5654,9904,9894,9885,4805,4795,4786,0306,1386,1395,4753,4203,418
    LT Debt, Current-1,923-------87.004924911,04255155155286.00-626626626626
    LT Debt, Non Current24.7%6,9515,5755,5745,5725,5715,5695,5685,5665,5654,9904,9894,9885,4805,4795,4786,0306,1386,1395,4753,4203,418
Shareholder's Equity52.2%29,02719,07419,41519,55919,35421,40021,59921,63121,81323,23824,06023,95823,84523,57722,92822,73522,37022,43520,32511,47111,465
  Retained Earnings-580.9%-2,9966237859489162,8313,0563,1073,0983,7394,2424,1204,0023,6232,9892,8462,2912,036-25.00385383
  Additional Paid-In Capital74.6%30,41917,42517,40717,38617,36917,35417,33417,31217,98118,07818,10518,11918,10318,15618,13018,07818,21618,46018,4349,6329,618
Shares Outstanding44.9%1,152795795794793793793793799799801801---------
Minority Interest-4.3%178186190182179181178182-2095268218318379169249299501,005971972963
Float---33,879---47,327---50,629---49,522---31,446--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-38.6%6161,0036634811,0104731,0436941,2991,1449958411,6861,5966649361,205791299571740
  Share Based Compensation-100.0%-16.00-------------------
Cashflow From Investing1.6%-249-253-158-342-726-1,223-515-519-351-390-777-350-411-337-2841,123-409-438-104-275-293
Cashflow From Financing-41.2%-538-381-334-350-479-460-522-895-595-697-1,155-511-561-242-291-586-1,271530-1,893-143-109
  Dividend Payments45.0%46131831831843643743743643644044044132020120111211410959076.0075.00
  Buy Backs---------276114137-200--321479---2.00

NEM Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Sales (Note 5)$ 11,812$ 11,915$ 12,222
Costs and expenses:   
Costs applicable to sales[1]6,6996,4685,435
Depreciation and amortization2,1082,1852,323
Reclamation and remediation (Note 6)1,5339211,846
Exploration265231209
Advanced projects, research and development200229154
General and administrative299276259
Impairment charges (Note 7)1,8911,32025
Loss on assets held for sale (Note 1)00571
Other expense, net (Note 8)51782143
Total costs and expenses13,51211,71210,965
Other income (expense):   
Other income (loss), net (Note 9)(88)(27)125
Interest expense, net of capitalized interest of $89, $69 and $38, respectively(243)(227)(274)
Total other income (expense)(331)(254)(149)
Income (loss) before income and mining tax and other items(2,031)(51)1,108
Income and mining tax benefit (expense) (Note 10)(526)(455)(1,098)
Equity income (loss) of affiliates (Note 15)63107166
Net income (loss) from continuing operations(2,494)(399)176
Net income (loss) from discontinued operations (Note 1)273057
Net income (loss)(2,467)(369)233
Net loss (income) attributable to noncontrolling interests (Note 1)(27)(60)933
Net income (loss) attributable to Newmont stockholders(2,494)(429)1,166
Net income (loss) attributable to Newmont stockholders:   
Continuing operations(2,521)(459)1,109
Discontinued operations273057
Net income (loss) attributable to Newmont stockholders$ (2,494)$ (429)$ 1,166
Weighted average common shares:   
Basic (in shares)841794799
Effect of employee stock-based awards (in shares)012
Diluted (in shares)841795801
Basic:   
Continuing operations (in dollars per share)$ (3.00)$ (0.58)$ 1.39
Discontinued operations (in dollars per share)0.030.040.07
Net income (loss) per common share, basic (in dollars per share)(2.97)(0.54)1.46
Diluted   
Continuing operations (in dollars per share)[2](3.00)(0.58)1.39
Discontinued operations (in dollars per share)[2]0.030.040.07
Net income (loss) per common share, diluted (in dollars per share)$ (2.97)$ (0.54)$ 1.46
[1]Excludes Depreciation and amortization and Reclamation and remediation.
[2]For the years ended December 31, 2023 and 2022, 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

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
ASSETS  
Cash and cash equivalents$ 3,002$ 2,877
Time deposits and other investments (Note 15)23880
Trade receivables (Note 5)734366
Inventories (Note 16)1,663979
Stockpiles and ore on leach pads (Note 17)979774
Other receivables493324
Derivative assets (Note 14)19812
Other current assets420303
Current assets7,5126,515
Property, plant and mine development, net (Note 18)37,56324,073
Investments (Note 15)4,1433,278
Stockpiles and ore on leach pads (Note 17)1,9351,716
Deferred income tax assets (Note 10)268173
Goodwill (Note 19)3,0011,971
Other non-current assets640560
Total assets55,50638,482
LIABILITIES  
Accounts payable960633
Employee-related benefits (Note 11)551399
Income and mining taxes88199
Lease and other financing obligations (Note 21)11496
Debt (Note 20)1,9230
Other current liabilities (Note 22)2,3621,599
Current liabilities5,9982,926
Debt (Note 20)6,9515,571
Lease and other financing obligations (Note 21)448465
Reclamation and remediation liabilities (Note 6)8,1676,578
Deferred income tax liabilities (Note 10)2,9871,809
Employee-related benefits (Note 11)655342
Silver streaming agreement (Note 5)779828
Other non-current liabilities (Note 22)316430
Derivative assets (Note 14)444196
Total liabilities26,30118,949
Commitments and contingencies (Note 25)
EQUITY  
Common stock - $1.60 par value;1,8541,279
Treasury stock - 7 million and 6 million shares, respectively(264)(239)
Additional paid-in capital30,41917,369
Accumulated other comprehensive income (loss) (Note 23)1429
(Accumulated deficit) Retained earnings(2,996)916
Newmont stockholders' equity29,02719,354
Noncontrolling interests178179
Total equity29,20519,533
Total liabilities and equity$ 55,506$ 38,482
NEM
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, 2022, it had proven and probable gold reserves of 96.1 million ounces and land position of 61,500 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.
 CEO
 WEBSITEnewmont.com
 INDUSTRYMetals and Mining
 EMPLOYEES14600

Newmont Goldcorp Corp Frequently Asked Questions


What is the ticker symbol for Newmont Goldcorp Corp? What does NEM stand for in stocks?

NEM is the stock ticker symbol of Newmont Goldcorp Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Newmont Goldcorp Corp (NEM)?

As of Tue Apr 23 2024, market cap of Newmont Goldcorp Corp is 43.46 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NEM stock?

You can check NEM's fair value in chart for subscribers.

What is the fair value of NEM stock?

You can check NEM's fair value in chart for subscribers. The fair value of Newmont Goldcorp Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Newmont Goldcorp Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NEM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Newmont Goldcorp Corp a good stock to buy?

The fair value guage provides a quick view whether NEM is over valued or under valued. Whether Newmont Goldcorp Corp is cheap or expensive depends on the assumptions which impact Newmont Goldcorp Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NEM.

What is Newmont Goldcorp Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, NEM's PE ratio (Price to Earnings) is -17.43 and Price to Sales (PS) ratio is 3.68. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NEM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Newmont Goldcorp Corp's stock?

In the past 10 years, Newmont Goldcorp Corp has provided 0.051 (multiply by 100 for percentage) rate of return.