NEM 📈 Newmont Goldcorp - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6516391066
NEM: Gold, Copper, Silver, Zinc, Lead
Newmont Goldcorp Corp, listed on the NYSE under the ticker NEM, is a leading player in the gold production and exploration sector, with a diverse portfolio of assets spanning across several countries. The company's operations encompass the United States, Canada, Mexico, and countries in South America such as Peru, Suriname, Argentina, and Chile, as well as Australia, Papua New Guinea, Ecuador, Fiji, Ghana, and the Dominican Republic. This geographical diversity allows the company to leverage various mining jurisdictions, each with its unique advantages and challenges.
Beyond gold, Newmont Goldcorp Corp also engages in the exploration of other valuable metals, including copper, silver, zinc, and lead. This strategic approach enables the company to capitalize on the demand for these metals, which are crucial for various industrial applications, from electronics and construction to renewable energy technologies. With a history dating back to 1916, the company has accumulated extensive experience and expertise in mining operations, positioning it as a veteran in the industry.
Headquartered in Denver, Colorado, Newmont Goldcorp Corp operates with a strong foundation of corporate governance and transparency, evident from its publicly available information and web presence at https://www.newmont.com. The company's common stock is listed under the ISIN US6516391066, and it falls under the Gold sub-industry within the GICS (Global Industry Classification Standard) framework. This classification reflects the company's primary focus on gold mining, a sector that is subject to fluctuations in commodity prices, geopolitical factors, and environmental considerations.
Additional Sources for NEM Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
NEM Stock Overview
Market Cap in USD | 47,508m |
Sector | Basic Materials |
Industry | Gold |
GiC Sub-Industry | Gold |
IPO / Inception | 1978-01-13 |
NEM Stock Ratings
Growth 5y | 0.41% |
Fundamental | -5.70% |
Dividend | 41.3% |
Rel. Strength Industry | -254 |
Analysts | 3.95/5 |
Fair Price Momentum | 35.55 USD |
Fair Price DCF | 22.43 USD |
NEM Dividends
Dividend Yield 12m | 2.61% |
Yield on Cost 5y | 2.81% |
Annual Growth 5y | 2.13% |
Payout Consistency | 88.4% |
NEM Growth Ratios
Growth Correlation 3m | -88.8% |
Growth Correlation 12m | 71.8% |
Growth Correlation 5y | -43.4% |
CAGR 5y | 1.43% |
CAGR/Mean DD 5y | 0.05 |
Sharpe Ratio 12m | -0.13 |
Alpha | -26.01 |
Beta | 0.69 |
Volatility | 39.27% |
Current Volume | 23924k |
Average Volume 20d | 10921.5k |
As of December 21, 2024, the stock is trading at USD 38.28 with a total of 23,924,000 shares traded.
Over the past week, the price has changed by -4.82%, over one month by -10.43%, over three months by -29.30% and over the past year by -4.58%.
Neither. Based on ValueRay Fundamental Analyses, Newmont Goldcorp is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -5.70 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NEM as of December 2024 is 35.55. This means that NEM is currently overvalued and has a potential downside of -7.13%.
Newmont Goldcorp has received a consensus analysts rating of 3.95. Therefor, it is recommend to buy NEM.
- Strong Buy: 8
- Buy: 2
- Hold: 9
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, NEM Newmont Goldcorp will be worth about 38.8 in December 2025. The stock is currently trading at 38.28. This means that the stock has a potential upside of +1.46%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 55.5 | 45% |
Analysts Target Price | 75.9 | 98.3% |
ValueRay Target Price | 38.8 | 1.5% |