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NYSE:NEM

Newmont Goldcorp Stock Forecast, Price & News

$63.29
+1.16 (+1.87 %)
(As of 09/29/2020 01:21 PM ET)
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Compare
Today's Range
$62.37
Now: $63.29
$63.45
50-Day Range
$60.22
MA: $65.39
$68.91
52-Week Range
$33.00
Now: $63.29
$72.22
Volume218,696 shs
Average Volume8.62 million shs
Market Capitalization$50.83 billion
P/E Ratio13.21
Dividend Yield1.63%
Beta0.36
Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold, copper, and silver. Its operations and/or assets are located in the United States, Australia, Peru, Ghana, and Suriname. As of December 31, 2018, the company had proven and probable gold reserves of 65.4 million ounces and an aggregate land position of approximately 24,000 square miles. Newmont Mining Corporation was founded in 1916 and is headquartered in Greenwood Village, Colorado.
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Newmont Goldcorp logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.31 out of 5 stars


Industry, Sector and Symbol

Industry Gold & silver ores
Sub-IndustryGold
CUSIP65163910
Phone303-863-7414

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.74 billion
Cash Flow$3.41 per share
Book Value$27.69 per share

Profitability

Net Income$2.81 billion

Miscellaneous

Employees16,600
Market Cap$50.83 billion
Next Earnings Date11/3/2020 (Estimated)
OptionableOptionable
$63.29
+1.16 (+1.87 %)
(As of 09/29/2020 01:21 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Newmont Goldcorp (NYSE:NEM) Frequently Asked Questions

How has Newmont Goldcorp's stock price been impacted by COVID-19 (Coronavirus)?

Newmont Goldcorp's stock was trading at $46.02 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NEM shares have increased by 37.5% and is now trading at $63.29.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Newmont Goldcorp?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmont Goldcorp in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Newmont Goldcorp
.

When is Newmont Goldcorp's next earnings date?

Newmont Goldcorp is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Newmont Goldcorp
.

How were Newmont Goldcorp's earnings last quarter?

Newmont Goldcorp Corp (NYSE:NEM) announced its quarterly earnings data on Thursday, July, 30th. The basic materials company reported $0.32 earnings per share for the quarter, missing analysts' consensus estimates of $0.34 by $0.02. The basic materials company had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.37 billion. Newmont Goldcorp had a return on equity of 5.70% and a net margin of 36.79%.
View Newmont Goldcorp's earnings history
.

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

Newmont Goldcorp announced a quarterly dividend on Thursday, July 23rd. Stockholders of record on Thursday, September 10th will be paid a dividend of $0.25 per share on Thursday, September 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date is Wednesday, September 9th.
View Newmont Goldcorp's dividend history
.

How will Newmont Goldcorp's stock buyback program work?

Newmont Goldcorp announced that its board has initiated a share repurchase program on Monday, December 2nd 2019, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 3.2% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its shares are undervalued.

What price target have analysts set for NEM?

15 equities research analysts have issued 12-month target prices for Newmont Goldcorp's shares. Their forecasts range from $57.00 to $97.00. On average, they expect Newmont Goldcorp's stock price to reach $72.69 in the next year. This suggests a possible upside of 14.8% from the stock's current price.
View analysts' price targets for Newmont Goldcorp
.

Who are some of Newmont Goldcorp's key competitors?

What other stocks do shareholders of Newmont Goldcorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Newmont Goldcorp 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), Alibaba Group (BABA) and Walt Disney (DIS).

Who are Newmont Goldcorp's key executives?

Newmont Goldcorp's management team includes the following people:
  • Mr. Gary J. Goldberg, CEO & Director (Age 60)
  • Mr. Thomas Ronald Palmer, Pres & COO (Age 51)
  • Ms. Nancy K. Buese CPA, Exec. VP & CFO (Age 49)
  • Mr. Stephen P. Gottesfeld, Exec. VP & Gen. Counsel (Age 51)
  • Mr. Randy Engel, Exec. VP of Strategic Devel. (Age 52)

What is Newmont Goldcorp's stock symbol?

Newmont Goldcorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEM."

How do I buy shares of Newmont Goldcorp?

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

What is Newmont Goldcorp's stock price today?

One share of NEM stock can currently be purchased for approximately $63.29.

How big of a company is Newmont Goldcorp?

Newmont Goldcorp has a market capitalization of $50.83 billion and generates $9.74 billion in revenue each year. The basic materials company earns $2.81 billion in net income (profit) each year or $1.32 on an earnings per share basis. Newmont Goldcorp employs 16,600 workers across the globe.

What is Newmont Goldcorp's official website?

The official website for Newmont Goldcorp is www.newmontgoldcorp.com.

How can I contact Newmont Goldcorp?

Newmont Goldcorp's mailing address is 6363 SOUTH FIDDLER`S GREEN CIRCLE, GREENWOOD VILLAGE CO, 80111. The basic materials company can be reached via phone at 303-863-7414 or via email at [email protected]

This page was last updated on 9/29/2020 by MarketBeat.com Staff

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