Newmont Corporation (NEM) Stock Forecast & Analysis

Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Newmont Corporation (NEM:NYSE), powered by AI.

Current Price
$114.05
P/E Ratio
39.0
Market Cap
130.7B
Sector
Basic Materials
What is the Newmont Corporation stock price forecast?

Newmont Corporation is currently trading at $114.05. View real-time AI analysis on Alpha Lenz.

What is Newmont Corporation insider trading activity?

View the latest insider trading data for Newmont Corporation on Alpha Lenz.

What is Newmont Corporation's P/E ratio?

Newmont Corporation's P/E ratio is 39.0.

Newmont Corporation

$114.05
NYSENEM
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Alpha Chat Insight

Newmont Corporation trades at a P/E of 39.0 (premium valuation) with solid ROE of 11.4%. 3Y revenue CAGR of 15.2% highlights clear growth momentum.

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Company Overview

Newmont Corporation is a leading entity in the gold mining industry, primarily focused on the production and exploration of precious metals. As one of the world's largest gold producers, Newmont plays a crucial role in the global resources and commodities market, impacting sectors such as mining, energy supply, and environmental management. Founded in 1921 and headquartered in Denver, Colorado, the company operates across diverse regions, including North America, South America, Asia, Australia, and Africa. This extensive operational reach allows Newmont to maintain significant influence over gold supply and manage risks associated with geographic diversification. Furthermore, Newmont is committed to sustainable and responsible mining practices, emphasizing safety, environmental stewardship, and community engagement. This dedication has positioned the company not only as a key player in the traditional mining sector but also as a pioneer in promoting sustainable resource extraction. Newmont Corporation's activities have far-reaching implications for investment portfolios, national economies reliant on mines, and technological sectors depending on gold for electronics.

CEOMr. Thomas Ronald Palmer
SectorBasic Materials
IndustryGold
Employees22,200

Company Statistics

(FY 2024)

Profile

Market Cap$130.70B
Revenue$18.68B
Shares Out0.00
Employees22,200

Margins

Gross38.23%
EBITDA46.21%
Operating31.63%
Pre-Tax24.50%
Net18.10%

Valuation

P/E39.04
P/B4.37
EV/Sales7.00
EV/EBITDA15.78
P/FCF44.14

Growth (CAGR)

Rev 3Yr15.19%
Rev 5Yr13.91%
Op Inc 3Yr43.60%
Op Inc 5Yr30.24%
Net Inc 3Yr143.91%
Net Inc 5Yr3.23%

Returns

ROA6.05%
ROE11.36%
ROIC8.85%

Financial Health

Cash & Cash Equivalents$3.62B
Net Debt$22.62B
Debt/Equity87.15%
Interest CovN/A
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Newmont Corporation (Basic Materials) Stock Forecast & Analysis $114.05 | Alpha Lenz