Newmont (NEM) Stock Price, News & Analysis

+3.05 (+7.90%)
(As of 10:58 AM ET)
Today's Range
50-Day Range
52-Week Range
12.45 million shs
Average Volume
13.47 million shs
Market Capitalization
$48.01 billion
P/E Ratio
Dividend Yield
Price Target

Newmont MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.54 Rating Score
31.9% Upside
$50.91 Price Target
Short Interest
1.44% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.61mentions of Newmont in the last 14 days
Based on 28 Articles This Week
Insider Trading
Proj. Earnings Growth
From $1.97 to $3.26 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.76 out of 5 stars

Basic Materials Sector

3rd out of 173 stocks

Gold & Silver Ores Industry

2nd out of 37 stocks

NEM stock logo

About Newmont Stock (NYSE:NEM)

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.

NEM Stock Price History

NEM Stock News Headlines

Gold Rush: Exploring 5 Sector Giants Amidst Soaring Prices
Gold has reached new all-time highs, defying expectations amidst a robust U.S. economy and soaring stock markets. Its rally seems unstoppable, with gold trading at around $2,300 per ounce, marking an 11% increase year-to-date and a staggering 16% gain over the past 12 months.
Gold Rush: Exploring 5 Sector Giants Amidst Soaring Prices (NEM)
Gold has surged to new all-time highs, defying expectations amidst a robust U.S. economy and soaring stock market trading near all highs
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Newmont Corporation Q1 Profit Declines
Newmont Reports First Quarter 2024 Results
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Newmont: Why I Disagree With The Crowd
Newmont (NEM) to Release Earnings on Thursday
NEM May 2024 31.000 put
What the Options Market Tells Us About Newmont
See More Headlines
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Company Calendar

Last Earnings
Ex-Dividend for 3/28 Dividend
Dividend Payable
Next Earnings (Confirmed)
Fiscal Year End

Industry, Sector and Symbol

Gold & silver ores
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
13 Analysts


Net Income
Pretax Margin


Sales & Book Value

Annual Sales
$11.81 billion
Cash Flow
$3.10 per share
Book Value
$25.35 per share


Outstanding Shares
Free Float
Market Cap
$44.50 billion

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NEM Stock Analysis - Frequently Asked Questions

Should I buy or sell Newmont stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmont in the last twelve months. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NEM shares.
View NEM analyst ratings
or view top-rated stocks.

What is Newmont's stock price target for 2024?

13 Wall Street analysts have issued 1 year price targets for Newmont's shares. Their NEM share price targets range from $36.00 to $94.28. On average, they expect the company's share price to reach $50.91 in the next twelve months. This suggests a possible upside of 31.9% from the stock's current price.
View analysts price targets for NEM
or view top-rated stocks among Wall Street analysts.

How have NEM shares performed in 2024?

Newmont's stock was trading at $41.39 on January 1st, 2024. Since then, NEM stock has decreased by 6.7% and is now trading at $38.60.
View the best growth stocks for 2024 here

Are investors shorting Newmont?

Newmont saw a drop in short interest in March. As of March 31st, there was short interest totaling 16,580,000 shares, a drop of 25.7% from the March 15th total of 22,310,000 shares. Based on an average daily trading volume, of 13,870,000 shares, the days-to-cover ratio is currently 1.2 days. Approximately 1.4% of the shares of the stock are sold short.
View Newmont's Short Interest

When is Newmont's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our NEM earnings forecast

How can I listen to Newmont's earnings call?

Newmont will be holding an earnings conference call on Thursday, April 25th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 929-458-6194 with passcode "418753".

How were Newmont's earnings last quarter?

Newmont Co. (NYSE:NEM) released its quarterly earnings results on Thursday, April, 25th. The basic materials company reported $0.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.32 by $0.23. The basic materials company earned $4.02 billion during the quarter, compared to analyst estimates of $3.66 billion. Newmont had a positive trailing twelve-month return on equity of 6.21% and a negative net margin of 20.95%. The business's revenue was up 50.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.40 EPS.

How often does Newmont pay dividends? What is the dividend yield for Newmont?

Newmont announced a quarterly dividend on Thursday, February 22nd. Investors of record on Tuesday, March 5th will be given a dividend of $0.25 per share on Thursday, March 28th. This represents a $1.00 annualized dividend and a yield of 2.59%. The ex-dividend date of this dividend is Monday, March 4th.
Read our dividend analysis for NEM

Is Newmont a good dividend stock?

Newmont (NYSE:NEM) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.65%.
Read our dividend analysis for NEM.

What is Tom Palmer's approval rating as Newmont's CEO?

15 employees have rated Newmont Chief Executive Officer Tom Palmer on Glassdoor.com. Tom Palmer has an approval rating of 97% among the company's employees. This puts Tom Palmer in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Newmont own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Newmont investors own include NVIDIA (NVDA), Cisco Systems (CSCO), Barrick Gold (GOLD), Intel (INTC), Micron Technology (MU), Advanced Micro Devices (AMD), AT&T (T), QUALCOMM (QCOM), AbbVie (ABBV) and Walt Disney (DIS).

Who are Newmont's major shareholders?

Newmont's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.28%), Foundation Resource Management Inc. (0.06%), Perpetual Ltd (0.05%), IMC Chicago LLC (0.00%), Randolph Co Inc (0.04%) and AMF Tjanstepension AB (0.04%). Insiders that own company stock include Blake Rhodes, David W Ruttenberg, Dean Gehring, Jeffrey A Graves, Jennifer Cmil, John Kitlen, Mark Casper, Mark David Ebel, Nancy Buese, Nancy Lipson, Nello Mainolfi, Robert D Atkinson, Stephen P Gottesfeld and Thomas Ronald Palmer.
View institutional ownership trends

How do I buy shares of Newmont?

Shares of NEM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Newmont have any subsidiaries?
The following companies are subsidiares of Newmont: AC40689 Limited, Administradora de Negocios Mineros S.A. de C.V., Australian Capital Territory, Battle Mountain Resources Inc., Cayman Pampas Ltd., Con Exploration Ltd., Datawave Sciences Inc., Dawn Mining Company LLC, ELLC Grazing Membership LLC, EMH (BVI) Inc., Elko Land and Livestock Company, Empresa Minera Maria SRL, Fronteer Development (USA) LLC, Fronteer Development LLC, Fronteer Royalty LLC, GCGC LLC, GMK Investments Pty Ltd, Galore Creek Mining Corporation, Galore Creek Partnership, Glamis Rand Mining Company, Gold S.p.A., Goldcorp (Barbados) Inc., Goldcorp America Holdings Inc., Goldcorp Aureus Inc., Goldcorp Aurum Argentum Inc., Goldcorp Canada Ltd., Goldcorp Capital Corporation, Goldcorp Exeter Ltd., Goldcorp Faja de Plata S.A. de C.V., Goldcorp General Holdings Ltd., Goldcorp Global Services Inc., Goldcorp Holdings Europe B.V., Goldcorp Holdings GmbH, Goldcorp Inc., Goldcorp Insurance Company Inc., Goldcorp Internacional S.A. de C.V., Goldcorp Kaminak Ltd., Goldcorp Latin America Finance Limited, Goldcorp MC Holding S.p.A., Goldcorp Peñasquito S.A. de C.V., Goldcorp Porcupine Nominee Ltd., Goldcorp Red Lake Nominee Ltd., Goldcorp Stratum Inc., Goldcorp Tesoro Inc., Goldcorp Trading GmbH, Goldcorp USA Holdings Ltd., Goldcorp USA Inc., Goldcorp USA Services Inc., Goldfields Power Pty Ltd, Hemlo Gold Mines (Ghana) Limited, Holdco S.p.A., Honduras Holdings Ltd., Hospah Holdings Company, Idarado Mining Company, International Mineral Finance S.AR.L., MMC Acquisition Limited, Mexicana Resources Inc., Minera Alumbrera Ltd., Minera BMG, Minera Choluteca S.A. de C.V., Minera Faja de Plata S.A. de C.V., Minera Los Tapados S.A., Minera Newmont (Chile) Limitada, Minera Peñasquito S.A. de C.V., Minera Yanacocha S.R.L., Miramar Gold Corporation, Miramar HBG Inc., Miramar Northern Mining Ltd., Montana Exploradora de Guatemala S.A. de C.V., Moydow Limited, Musto Explorations (Bermuda) Ltd., N.I. Limited, NP Kalgoorlie Pty Ltd, NVL (USA) Limited, NVL Haiti Limited S.A., NVL PNG Limited, NVL Solomon Islands Limited, Nevada Eagle Resources LLC, Nevada Gold Mines LLC, New Verde Mines LLC, Newmont (Guyana) Incorporated, Newmont AP Power Pty Ltd, Newmont Australia Investment Limited, Newmont Boddington Pty Ltd, Newmont Bolivia Limited, Newmont CC&V Mining Corporation, Newmont Canada Corporation, Newmont Canada Holdings ULC, Newmont Capital Limited, Newmont Capital Pty Ltd, Newmont Colombia S.A.S., Newmont Euronimba B.V., Newmont FH B.V., Newmont GTR LLC, Newmont Galore Creek Holdings Corporation, Newmont Ghana Gold Limited, Newmont Gold Company, Newmont Gold Pty Ltd, Newmont Goldcorp Australia Pty Ltd, Newmont Goldcorp Boddington Pty Ltd, Newmont Goldcorp Exploration Pty Ltd, Newmont Goldcorp Integrated Services Inc., Newmont Goldcorp Red Lake Holdings Ltd., Newmont Goldcorp Services Pty Ltd, Newmont Goldcorp Tanami Pty Ltd, Newmont Golden Ridge Limited, Newmont Holdings ULC, Newmont Indonesia Investment Limited, Newmont Indonesia LLC, Newmont International Exploration Pty Ltd, Newmont International Group BV, Newmont International Services Limited, Newmont Investment Holdings LLC, Newmont Landco Pty Ltd, Newmont Latin America Limited, Newmont McCoy Cove Limited, Newmont Mineral Holdings B.V., Newmont Mines Limited, Newmont Mining Finance Pty Ltd, Newmont Mining Holdings Pty Ltd, Newmont NGL Holdings Pty Ltd, Newmont Nevada Energy Investment LLC, Newmont North America Exploration Limited, Newmont Nusa Tenggara Holdings B.V., Newmont Overseas Exploration Limited, Newmont Pacific Energy Pty Ltd, Newmont Peru Limited, Newmont Power Pty Ltd, Newmont Realty Company, Newmont Second Capital Corporation, Newmont Suriname LLC, Newmont Technologies Limited, Newmont USA Limited, Newmont Ventures Limited, Newmont Woodcutters Pty Ltd, Newmont Yandal Operations Pty Ltd, Newmont de Mexico S.A. de C.V., Normandy Company (Malaysia) Sdn Bhd, Normandy Overseas Holding Company Sdn Bhd, Nusa Tenggara Partnership B.V., Orcana Resources Inc., Oroplata S.A., PT Newmont Minahasa Raya, Pequop Exploration LLC, Peridot S.A., Pittston Nevada Gold Company Ltd., Pueblo Viejo Dominicana Corporation, Red Lake Gold Mine Services Ltd., Resurrection Mining Company, Saddleback Investments Pty Ltd, San Juan Basin Holdings Company, Santa Fe Pacific Gold Corporation, Sermineros de Mexico S.A. de C.V., Sermineros de Mexico S.A. de C.V. <0.0010% Sermineros Zacatecas S.A. de C.V., Sociedad Contractual Minera El Morro, Suriname Gold Project CV, Takari Mining SAS, Talapoosa Mining Inc., The LeClair Consolidated Mines Company, The Matoa Gold Mining Company, US Mineral Company Inc., Vol Mines Limited, and West Pequop Project LLC.
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This page (NYSE:NEM) was last updated on 4/25/2024 by MarketBeat.com Staff

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