Newmont Corp [NEM] stock prices are up 7.91% to $54.97 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NEM shares have gain 24.42% over the last week, with a monthly amount glided 20.42%, 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 April 11, 2025, when UBS upgraded its rating to a Buy. Previously, Goldman started tracking the stock with Buy rating on January 13, 2025, and set its price target to $47.20. On November 29, 2024, CLSA initiated with a Underperform rating. JP Morgan upgraded its rating to a Overweight. UBS downgraded its rating to a Neutral and reduced its price target to $54 on October 30, 2024. CIBC downgraded its rating to Neutral for this stock on October 28, 2024. In a note dated October 25, 2024, Scotiabank downgraded an Sector Perform rating on this stock.
The stock price of Newmont Corp [NEM] has been fluctuating between $36.60 and $58.72 over the past year. Currently, Wall Street analysts expect the stock to reach $53.5 within the next 12 months. Newmont Corp [NYSE: NEM] shares were valued at $54.97 at the most recent close of the market. An investor can expect a potential drop of -2.67% based on the average NEM price forecast.
Analyzing the NEM fundamentals
The Newmont Corp [NYSE:NEM] reported sales of 18.64B for trailing twelve months, representing a surge of 46.02%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.3.
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 53.61 points at the first support level, and at 52.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.09, and for the 2nd resistance point, it is at 57.22.
Ratios To Look Out For
It’s worth pointing out that Newmont Corp [NYSE:NEM]’s Current Ratio is 1.63. Further, the Quick Ratio stands at 1.34, while the Cash Ratio is 0.48. Considering the valuation of this stock, the price to sales ratio is 3.33, the price to book ratio is 2.07 and price to earnings (TTM) ratio is 18.82.
Transactions by insiders
Recent insider trading involved Brook Bruce R, Director, that happened on Apr 01 ’25 when 2077.0 shares were sold. EVP, Chief Sustain & Dev Off, Toth Peter completed a deal on Apr 01 ’25 to sell 3000.0 shares. Meanwhile, Officer Toth Peter bought 3000.0 shares on Apr 01 ’25.
