Shares of Basic Materials sector company Newmont moved -0.2% today, and are now trading at a price of $79.53. The Large-Cap stock's daily volume was 1,184,404 compared to its average volume of 11,111,235. The S&P 500 index returned a 0.0% performance.
Newmont Corporation engages in the production and exploration of gold properties. The company is based in Denver and has 22,200 full time employees. Its market capitalization is $87,354,245,120. Newmont currently offers its equity investors a dividend that yields 1.3% per year.
19 analysts are following Newmont and have set target prices ranging from $58.0 to $104.0 per share. On average, they have given the company a rating of buy. At today's prices, NEM is trading 6.39% away from its average analyst target price of $74.75 per share.
Over the last year, NEM's share price has increased by 48.3%, which represents a difference of 31.2% when compared to the S&P 500. The stock's 52 week high is $80.06 per share whereas its 52 week low is $36.86. With average free cash flows of $1.96 Billion that have been growing at an average rate of 3.5% over the last 5 years, Newmont is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 6,363,000 | 3,402,000 | 2,961,000 | 2952.58 |
| 2023 | 2,763,000 | 2,666,000 | 97,000 | -91.09 |
| 2022 | 3,220,000 | 2,131,000 | 1,089,000 | -58.53 |
| 2021 | 4,279,000 | 1,653,000 | 2,626,000 | -26.65 |
| 2020 | 4,882,000 | 1,302,000 | 3,580,000 | 155.17 |
| 2019 | 2,866,000 | 1,463,000 | 1,403,000 |
