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 2.1% compared to -1.0% 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 properties.
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Newmont has moved 37.0% over the last year compared to 11.3% for the S&P 500 -- a difference of 25.7%
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NEM has an average analyst rating of buy and is -10.22% away from its mean target price of $63.58 per share
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Its trailing 12 month earnings per share (EPS) is $4.39
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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 29.3
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Its forward earnings per share (EPS) is $3.83 and its forward P/E ratio is 14.9
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The company has a Price to Book (P/B) ratio of 2.05 in contrast to the S&P 500's average ratio of 4.74
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Newmont is part of the Basic Materials sector, which has an average P/E ratio of 20.25 and an average P/B of 2.31
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Newmont has on average reported free cash flows of $1.32 Billion over the last four years, during which time they have grown by an an average of -26.9%
