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newmont corp. - NEM

NEM

Close Chg Chg %
43.15 -0.17 -0.39%

Pre-Market

42.99

-0.17 (0.39%)

Volume: 7.88M

Last Updated:

Nov 20, 2024, 3:59 PM EDT

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Company Overview: newmont corp. - NEM

NEM Key Data

Open

$42.92

 Day Range

42.58 - 43.08

52 Week Range

29.43 - 58.72

 Market Cap

$49.16B

Shares Outstanding

1.14B

 Public Float

1.14B

Beta

0.53

 Rev. Per Employee

N/A

P/E Ratio

N/A

 EPS

-$1.53

Yield

266.33%

 Dividend

$0.25

EX-DIVIDEND DATE

Nov 27, 2024

 SHORT INTEREST

N/A

AVERAGE VOLUME

13.81M

  

NEM Performance

1 Week
 
 5.50%
 
1 Month
 
 -25.06%
 
3 Months
 
 -17.03%
 
1 Year
 
 14.87%
 
5 Years
 
 13.36%
 

NEM Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 24
Full Ratings ➔

About newmont corp. - NEM

Newmont Corp. engages in the exploration and acquisition of gold properties, containing copper, silver, lead, zinc or other metals. It operates through the following geographical segments: Africa, Australia, Latin America & the Caribbean, North America, and Papua New Guinea. The North America segment consists primarily of Carlin, Phoenix, Twin Creeks and Long Canyon in the state of Nevada and Cripple Creek and Victor in the state of Colorado. The company was founded by William Boyce Thompson on May 2, 1921, and is headquartered in Denver, CO.

NEM At a Glance

Newmont Corp.
6900 East Layton Avenue
Denver, Colorado 80237
Phone 1-303-863-7414 Revenue 11.78B
Industry Precious Metals Net Income -2,521,000,000.00
Sector Non-Energy Minerals Employees 40,200
Fiscal Year-end 12 / 2024
View SEC Filings

NEM Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 2.956
Price to Book Ratio 1.643
Price to Cash Flow Ratio 12.598
Enterprise Value to EBITDA 9.673
Enterprise Value to Sales 3.525
Total Debt to Enterprise Value 0.23

NEM Efficiency

Revenue/Employee 292,910.448
Income Per Employee -62,711.443
Receivables Turnover 9.597
Total Asset Turnover 0.251

NEM Liquidity

Current Ratio 1.252
Quick Ratio 0.812
Cash Ratio 0.506

NEM Profitability

Gross Margin 9.936
Operating Margin 5.52
Pretax Margin -17.248
Net Margin -21.41
Return on Assets -5.365
Return on Equity -10.421
Return on Total Capital -6.534
Return on Invested Capital -8.132

NEM Capital Structure

Total Debt to Total Equity 32.921
Total Debt to Total Capital 24.767
Total Debt to Total Assets 17.216
Long-Term Debt to Equity 25.821
Long-Term Debt to Total Capital 19.426
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Newmont Corp. - NEM

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
11.42B 12.19B 11.95B 11.78B
Sales Growth
+17.39% +6.77% -1.98% -1.46%
Cost of Goods Sold (COGS) incl D&A
7.87B 9.81B 9.80B 10.61B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
2.67B 4.17B 3.11B 3.64B
Depreciation
- - - -
-
Amortization of Intangibles
- - - -
-
COGS Growth
+2.16% +24.72% -0.09% +8.16%
Gross Income
3.55B 2.38B 2.14B 1.17B
Gross Income Growth
+75.38% -33.03% -9.76% -45.43%
Gross Profit Margin
+31.08% +19.49% +17.94% +9.94%
2020 2021 2022 2023 5-year trend
SG&A Expense
391.00M 413.00M 505.00M 499.00M
Research & Development
122.00M 154.00M 229.00M 200.00M
Other SG&A
269.00M 259.00M 276.00M 299.00M
SGA Growth
-15.55% +5.63% +22.28% -1.19%
Other Operating Expense
193.00M 47.00M 18.00M 21.00M
Unusual Expense
78.00M 236.00M 1.46B 2.36B
EBIT after Unusual Expense
2.89B 1.68B 157.00M (1.71B)
Non Operating Income/Expense
548.00M (306.00M) 19.00M (73.00M)
Non-Operating Interest Income
24.00M 18.00M 78.00M 148.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
291.00M 266.00M 227.00M 248.00M
Interest Expense Growth
-6.73% -8.59% -14.66% +9.25%
Gross Interest Expense
315.00M 304.00M 296.00M 337.00M
Interest Capitalized
24.00M 38.00M 69.00M 89.00M
Pretax Income
3.14B 1.11B (51.00M) (2.03B)
Pretax Income Growth
-14.89% -64.75% -104.60% -3,882.35%
Pretax Margin
+27.53% +9.09% -0.43% -17.25%
Income Tax
704.00M 1.10B 455.00M 526.00M
Income Tax - Current - Domestic
35.00M 71.00M 47.00M 20.00M
Income Tax - Current - Foreign
891.00M 1.14B 686.00M 610.00M
Income Tax - Deferred - Domestic
(72.00M) (5.00M) (236.00M) (62.00M)
Income Tax - Deferred - Foreign
(150.00M) (104.00M) (42.00M) (42.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
2.63B 176.00M (399.00M) (2.49B)
Minority Interest Expense
(38.00M) (933.00M) 60.00M 27.00M
Net Income
2.67B 1.11B (459.00M) (2.52B)
Net Income Growth
-7.33% -58.40% -141.39% -449.24%
Net Margin Growth
+23.35% +9.10% -3.84% -21.41%
Extraordinaries & Discontinued Operations
- - 163.00M 57.00M
-
Discontinued Operations
- - 163.00M 57.00M
-
Net Income After Extraordinaries
2.83B 1.17B (459.00M) (2.52B)
Preferred Dividends
- - - -
-
Net Income Available to Common
2.83B 1.17B (459.00M) (2.52B)
EPS (Basic)
3.5187 1.4593 -0.5781 -2.9976
EPS (Basic) Growth
-7.80% -58.53% -139.61% -418.53%
Basic Shares Outstanding
804.00M 799.00M 794.00M 841.00M
EPS (Diluted)
3.5099 1.4557 -0.5781 -2.9976
EPS (Diluted) Growth
-7.78% -58.53% -139.71% -418.53%
Diluted Shares Outstanding
806.00M 801.00M 795.00M 841.00M
EBITDA
5.63B 6.08B 4.73B 4.29B
EBITDA Growth
+49.57% +8.08% -22.32% -9.22%
EBITDA Margin
+49.31% +49.92% +39.56% +36.44%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 57.477
Number of Ratings 24 Current Quarters Estimate 1.068
FY Report Date 12 / 2024 Current Year's Estimate 3.104
Last Quarter’s Earnings 0.81 Median PE on CY Estimate N/A
Year Ago Earnings 1.61 Next Fiscal Year Estimate 3.791
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 11 9 19 18
Mean Estimate 1.07 0.95 3.10 3.79
High Estimates 1.23 1.19 3.40 4.72
Low Estimate 0.72 0.65 2.80 2.29
Coefficient of Variance 15.22 19.52 6.27 18.76

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 11 10 12
OVERWEIGHT 2 2 3
HOLD 11 12 8
UNDERWEIGHT 0 0 1
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Newmont Corp. - NEM

Date Name Shares Transaction Value
Oct 4, 2024 Thomas Palmer President & CEO; Director 271,469 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $53.81 per share 14,607,746.89
Oct 4, 2024 Peter Ivan Toth EVP & CDO 91,596 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $53.81 per share 4,928,780.76
Jul 4, 2024 Harry Milton Conger Director 3,552 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 3, 2024 Peter Wexler Chief Legal Officer 71,358 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 3, 2024 Peter Wexler Chief Legal Officer 39,370 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 1, 2024 Maura J. Clark Director 15,921 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 1, 2024 Sally Anne Layman Director 6,512 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 1, 2024 Emma FitzGerald Director 11,768 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 1, 2024 Jose Manuel Madero Garza Director 13,312 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 1, 2024 Bruce Robert Brook Director 54,147 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 1, 2024 Jane Musser Nelson Director 54,147 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 1, 2024 Julio Manuel Quintana Director 41,657 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 1, 2024 Susan N. Story Director 14,848 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 1, 2024 Philip Stanley Aiken Director 14,488 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 1, 2024 René Médori Director 24,504 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 1, 2024 Gregory H. Boyce Director 41,657 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 1, 2024 Jennifer Cmil EVP and Chief People Officer 67,378 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $29.86 per share 2,011,907.08
Mar 1, 2024 Thomas R. Palmer President & CEO; Director 344,469 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $29.86 per share 10,285,844.34
Mar 1, 2024 Dean Gehring EVP, Chief Dev Officer-Peru 80,292 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $30.01 per share 2,409,562.92
Mar 1, 2024 Rob Atkinson EVP & COO 90,555 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $29.86 per share 2,703,972.30

Newmont Corp. in the News