Large-cap Basic Materials company Newmont has logged a 1.6% change today on a trading volume of 6,056,645. The average volume for the stock is 7,290,195.
Newmont Corporation engages in the production and exploration of gold. Based in Denver, United States the company has 21,700 full time employees and a market cap of $61,628,465,152. Newmont currently offers its equity investors a dividend that yields 2.2% per year.
The company is now trading -4.45% away from its average analyst target price of $56.21 per share. The 19 analysts following the stock have set target prices ranging from $47.0 to $80.0, and on average give Newmont a rating of buy.
Over the last 52 weeks, NEM stock has risen 32.7%, which amounts to a 6.4% difference compared to the S&P 500. The stock's 52 week high is $54.25 whereas its 52 week low is $29.42 per share. With its net margins declining an average -12.6% over the last 6 years, Newmont may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 11,812,000 | -2,494,000 | -21 | -425.0 |
| 2022 | 11,915,000 | -429,000 | -4 | -140.0 |
| 2021 | 12,222,000 | 1,166,000 | 10 | -60.0 |
| 2020 | 11,497,000 | 2,829,000 | 25 | -10.71 |
| 2019 | 9,740,000 | 2,805,000 | 28 | 460.0 |
| 2018 | 7,253,000 | 341,000 | 5 |
