Newmont Corporation – A Brief Stock Analysis

By Blake Campbell • Friday, October 11 10:19 • Permanent Link

Join us for a quick overview of Newmont, a Silver company whose shares moved 1.9% today. Here are some facts about the stock that should help you see the bigger picture:

Newmont has moved 35.4% over the last year, and the S&P 500 logged a change of 33.6%
NEM has an average analyst rating of buy and is -8.59% away from its mean target price of $59.5 per share
Its trailing earnings per share (EPS) is $-2.75
Newmont has a trailing 12 month Price to Earnings (P/E) ratio of -19.8 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $3.83 and its forward P/E ratio is 14.2
The company has a Price to Book (P/B) ratio of 2.13 in contrast to the S&P 500's average ratio of 4.74
Newmont is part of the Basic Materials sector, which has an average P/E ratio of 24.53 and an average P/B of 2.64
NEM has reported YOY quarterly earnings growth of 284.3% and gross profit margins of 0.4%
The company has a free cash flow of $-2765874944, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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, Papua New Guinea, Ecuador, Fiji, and Ghana. The company was founded in 1916 and is headquartered in Denver, Colorado.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.