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

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
What is the price of NEM stocks?
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%.
Is Newmont Goldcorp a good stock to buy?
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%.
Is NEM a buy, sell or hold?
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
What are the forecast for NEM stock price target?
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%