A share price of Newmont Corp [NEM] is currently trading at $43.85, up 3.15%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NEM shares have gain 0.62% over the last week, with a monthly amount glided 1.69%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Newmont Corp [NYSE: NEM] stock has seen the most recent analyst activity on January 13, 2025, when Goldman initiated its Buy rating and assigned the stock a price target of $47.20. On November 19, 2024, upgrade upgraded it’s rating to Overweight. UBS downgraded its rating to a Neutral and decreased its price target to $54 on October 30, 2024. CIBC downgraded its rating to a Neutral. Scotiabank downgraded its rating to Sector Perform for this stock on October 25, 2024. In a note dated August 29, 2024, Argus upgraded an Buy rating on this stock.
Newmont Corp experienced fluctuations in its stock price throughout the past year between $33.22 and $58.72. Currently, Wall Street analysts expect the stock to reach $56.67 within the next 12 months. Newmont Corp [NYSE: NEM] shares were valued at $43.85 at the most recent close of the market. An investor can expect a potential return of 29.24% based on the average NEM price forecast.
Analyzing the NEM fundamentals
Trailing Twelve Months sales for Newmont Corp [NYSE:NEM] were 18.64B which represents 46.02% growth. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.31%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.11 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 42.97 points at the first support level, and at 42.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.33, and for the 2nd resistance point, it is at 44.80.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Newmont Corp [NYSE:NEM] is 1.63. Also, the Quick Ratio is 1.34, while the Cash Ratio stands at 0.48. Considering the valuation of this stock, the price to sales ratio is 2.65, the price to book ratio is 1.65 and price to earnings (TTM) ratio is 15.01.
Transactions by insiders
Recent insider trading involved Brook Bruce R, Director, that happened on Mar 03 ’25 when 2077.0 shares were sold. EVP, Chief Sustain & Dev Off, Toth Peter completed a deal on Mar 03 ’25 to sell 3000.0 shares. Meanwhile, EVP & COO Viljoen Natascha sold 7799.0 shares on Mar 03 ’25.
