At the time of writing, Newmont Corp [NEM] stock is trading at $55.21, up 0.24%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NEM shares have gain 0.44% over the last week, with a monthly amount glided 15.60%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, UBS upgraded its rating to Buy on April 11, 2025. On January 13, 2025, Goldman initiated with a Buy rating and assigned a price target of $47.20 on the stock. CLSA started tracking the stock assigning a Underperform rating. JP Morgan upgraded its rating to a Overweight. UBS downgraded its rating to Neutral for this stock on October 30, 2024, and downed its price target to $54. In a note dated October 28, 2024, CIBC downgraded an Neutral rating on this stock.
For the past year, the stock price of Newmont Corp fluctuated between $36.60 and $58.72. Currently, Wall Street analysts expect the stock to reach $53.5 within the next 12 months. Newmont Corp [NYSE: NEM] shares were valued at $55.21 at the most recent close of the market. An investor can expect a potential drop of -3.1% based on the average NEM price forecast.
Analyzing the NEM fundamentals
According to Newmont Corp [NYSE:NEM], the company’s sales were 18.64B for trailing twelve months, which represents an 46.02% jump. 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 54.03 points at the first support level, and at 52.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.77, and for the 2nd resistance point, it is at 58.34.
Ratios To Look Out For
It is important to note that Newmont Corp [NYSE:NEM] has a current ratio of 1.63. As well, the Quick Ratio is 1.34, while the Cash Ratio is 0.48. Considering the valuation of this stock, the price to sales ratio is 3.34, the price to book ratio is 2.08 and price to earnings (TTM) ratio is 18.90.
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.
