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Newmont (NGT) Competitors

C$72.26
+0.10 (+0.14%)
(As of 09/17/2024 ET)

NGT vs. AEM, ABX, WPM, FNV, K, AGI, PAAS, TNX, EDV, and YRI

Should you be buying Newmont stock or one of its competitors? The main competitors of Newmont include Agnico Eagle Mines (AEM), Barrick Gold (ABX), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), Kinross Gold (K), Alamos Gold (AGI), Pan American Silver (PAAS), TRX Gold (TNX), Endeavour Mining (EDV), and Yamana Gold (YRI). These companies are all part of the "gold" industry.

Newmont vs.

Newmont (TSE:NGT) and Agnico Eagle Mines (TSE:AEM) are both large-cap basic materials companies, but which is the superior stock? We will contrast the two businesses based on the strength of their media sentiment, dividends, institutional ownership, profitability, risk, community ranking, earnings, analyst recommendations and valuation.

Agnico Eagle Mines has lower revenue, but higher earnings than Newmont. Newmont is trading at a lower price-to-earnings ratio than Agnico Eagle Mines, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NewmontC$14.87B5.59-C$2.01B-C$3.72-19.42
Agnico Eagle MinesC$7.31B7.67C$619.95MC$1.5671.74

Newmont presently has a consensus price target of C$68.00, suggesting a potential downside of 5.71%. Agnico Eagle Mines has a consensus price target of C$105.14, suggesting a potential downside of 6.05%. Given Newmont's stronger consensus rating and higher probable upside, equities analysts clearly believe Newmont is more favorable than Agnico Eagle Mines.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Newmont
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
5 Strong Buy rating(s)
3.67
Agnico Eagle Mines
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Newmont had 8 more articles in the media than Agnico Eagle Mines. MarketBeat recorded 16 mentions for Newmont and 8 mentions for Agnico Eagle Mines. Newmont's average media sentiment score of 0.66 beat Agnico Eagle Mines' score of 0.13 indicating that Newmont is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Newmont
3 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Agnico Eagle Mines
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Agnico Eagle Mines has a net margin of 8.49% compared to Newmont's net margin of -13.29%. Agnico Eagle Mines' return on equity of 3.10% beat Newmont's return on equity.

Company Net Margins Return on Equity Return on Assets
Newmont-13.29% -8.09% 2.79%
Agnico Eagle Mines 8.49%3.10%3.80%

73.0% of Newmont shares are owned by institutional investors. Comparatively, 71.1% of Agnico Eagle Mines shares are owned by institutional investors. 0.1% of Newmont shares are owned by insiders. Comparatively, 0.1% of Agnico Eagle Mines shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Newmont pays an annual dividend of C$1.35 per share and has a dividend yield of 1.9%. Agnico Eagle Mines pays an annual dividend of C$2.17 per share and has a dividend yield of 1.9%. Newmont pays out -36.3% of its earnings in the form of a dividend. Agnico Eagle Mines pays out 139.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Agnico Eagle Mines received 460 more outperform votes than Newmont when rated by MarketBeat users. However, 66.07% of users gave Newmont an outperform vote while only 60.39% of users gave Agnico Eagle Mines an outperform vote.

CompanyUnderperformOutperform
NewmontOutperform Votes
37
66.07%
Underperform Votes
19
33.93%
Agnico Eagle MinesOutperform Votes
497
60.39%
Underperform Votes
326
39.61%

Newmont has a beta of 0.51, meaning that its stock price is 49% less volatile than the S&P 500. Comparatively, Agnico Eagle Mines has a beta of 1.1, meaning that its stock price is 10% more volatile than the S&P 500.

Summary

Agnico Eagle Mines beats Newmont on 11 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NGT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NGT vs. The Competition

MetricNewmontGold IndustryMaterials SectorTSE Exchange
Market CapC$83.10BC$1.55BC$2.84BC$5.06B
Dividend Yield1.98%5.85%5.35%6.06%
P/E Ratio-19.42174.88122.4523.36
Price / Sales5.592,545.75473,842.651,274.97
Price / Cash13.4021.2323.4573.66
Price / Book2.834.553.493.13
Net Income-C$2.01B-C$5.40MC$148.45MC$273.53M
7 Day Performance3.45%5.05%3.41%3.38%
1 Month Performance5.26%4.85%1.47%1.83%
1 Year Performance32.25%65.77%19.68%28.15%

Newmont Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AEM
Agnico Eagle Mines
1.403 of 5 stars
1.40 / 5 stars
N/AC$105.14
+∞
N/AC$56.65BC$7.31B71.3111,800Insider Selling
News Coverage
ABX
Barrick Gold
3.566 of 5 stars
3.57 / 5 stars
N/AC$30.18
+∞
N/AC$49.54BC$11.83B24.5521,300News Coverage
WPM
Wheaton Precious Metals
1.5248 of 5 stars
1.52 / 5 stars
C$85.01
+1.9%
C$87.67
+3.1%
N/AC$38.56BC$1.13B49.7140News Coverage
Positive News
FNV
Franco-Nevada
1.2881 of 5 stars
1.29 / 5 stars
C$170.05
+0.2%
C$192.18
+13.0%
N/AC$32.72BC$1.12B-41.3740
K
Kinross Gold
2.443 of 5 stars
2.44 / 5 stars
C$13.36
+0.6%
C$14.60
+9.3%
N/AC$16.43BC$4.52B24.7430,000Gap Up
AGI
Alamos Gold
3.716 of 5 stars
3.72 / 5 stars
C$28.13
+3.2%
C$24.90
-11.5%
N/AC$11.81BC$1.12B41.373,310Analyst Forecast
Insider Selling
News Coverage
PAAS
Pan American Silver
0.3645 of 5 stars
0.36 / 5 stars
C$28.83
+3.5%
C$27.92
-3.2%
+27.6%C$10.47BC$2.57B-52.4213,000Gap Up
TNX
TRX Gold
0 of 5 stars
0.00 / 5 stars
C$36.80
+0.7%
N/AN/AC$10.27BC$38.01M47.00130
EDV
Endeavour Mining
2.0628 of 5 stars
2.06 / 5 stars
N/AC$40.00
+∞
N/AC$8.13BC$2.14B-32.733,786Dividend Announcement
Gap Up
High Trading Volume
YRI
Yamana Gold
0 of 5 stars
0.00 / 5 stars
N/AN/AN/AC$7.59BC$1.81B-5.7211,600High Trading Volume

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This page (TSE:NGT) was last updated on 9/18/2024 by MarketBeat.com Staff
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