We're taking a closer look at Newmont today, as the chatter surrounding the stock has increased notably in the last few weeks. Today, its shares moved 3.4% compared to -0.0% for the S&P 500. Increased investor interest and volatility surrounding the stock are not reason enough to buy in -- you should first perform your own due diligence. Here are some figures that can get you started:
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Newmont Corporation engages in the production and exploration of gold.
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Newmont has moved -2.2% over the last year compared to 24.7% for the S&P 500 -- a difference of -26.9%
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NEM has an average analyst rating of buy and is -32.88% away from its mean target price of $63.32 per share
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Its trailing 12 month earnings per share (EPS) is $-3.27
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Newmont has a trailing 12 month Price to Earnings (P/E) ratio of -13.0 while the S&P 500 average is 27.65
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Its forward earnings per share (EPS) is $4.12 and its forward P/E ratio is 10.3
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The company has a Price to Book (P/B) ratio of 1.7 in contrast to the S&P 500's average ratio of 4.59
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Newmont is part of the Basic Materials sector, which has an average P/E ratio of 22.71 and an average P/B of 3.12
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Newmont has on average reported free cash flows of $1.6 Billion over the last four years, during which time they have grown by an an average of -38.5%