Newmont (NGT) Stock Price, News & Analysis

Company Overview

Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.

Key Stats

• Today's Range: C$115.79 to C$117.39
• 50-Day Range: C$116.00 to C$116.00
• 52-Week Range: C$53.03 to C$119.73
• Volume: 293,766 shs
• Average Volume: 240,366 shs
• Market Capitalization: C$127.42 billion
• P/E Ratio: 20.86
• Dividend Yield: 0.86%
• Price Target: C$125.00
• Consensus Rating: Strong Buy

Newmont Stock Analysis - MarketRank™

Newmont scored higher than 36% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.8 / 5
• Analyst Rating: Strong Buy

Consensus Rating

Newmont has received a consensus rating of Strong Buy. The company's average rating score is 3.58, and is based on 9 strong buy ratings, 1 buy rating, 2 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Newmont is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Newmont has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Newmont is 20.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 43.11.

Price to Earnings Ratio vs. Sector

The P/E ratio of Newmont is 20.86, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 22.91.

Price to Earnings Growth Ratio

Newmont has a PEG Ratio of 1.43. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Newmont has a P/B Ratio of 3.99. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NGT.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Newmont pays a meaningful dividend of 1.19%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Newmont does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Newmont is 17.99%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

MarketBeat Follows

Only 1 people have added Newmont to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Newmont insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.09% of the stock of Newmont is held by insiders.

Percentage Held by Institutions

57.03% of the stock of Newmont is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: N/A
• Current Symbol: TSE:NGT
• CIK: N/A
• Web: www.newmontgoldcorp.com
• Phone: 303-863-7414
• Fax: N/A
• Employees: 21,700
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Newmont: C$125.00
• High Price Target: C$125.00
• Low Price Target: C$125.00
• Potential Upside/Downside: +7.8%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.58
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): C$5.56
• Trailing P/E Ratio: 20.86
• Forward P/E Ratio: 21.05
• P/E Growth: 1.43
• Net Income: -C$841.22 million
• Net Margins: 33.51%
• Pretax Margin: N/A
• Return on Equity: 17.22%
• Return on Assets: 2.79%

Debt

• Debt-to-Equity Ratio: 23.69
• Current Ratio: 2.23
• Quick Ratio: 1.77

Sales & Book Value

• Annual Sales: C$20.58 billion
• Price / Sales: 6.19
• Cash Flow: C$8.65 per share
• Price / Cash Flow: 13.40
• Book Value: C$29.09 per share
• Price / Book: 3.99

Miscellaneous

• Outstanding Shares: 1,098,450,000
• Free Float: N/A
• Market Cap: C$127.42 billion
• Optionable: Not Optionable
• Beta: 0.90