Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Gold

Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals. It has operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. The company was founded in 1916 and is headquartered in Denver, Colorado.

Revenue projections:

Revenue projections for NEM
Revenue projections for NEM

NEM is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.

Financial Ratios:

currentRatio 2.287000
forwardPE 10.271525
debtToEquity 16.738000
earningsGrowth -0.046000
revenueGrowth 0.206000
grossMargins 0.632360
operatingMargins 0.581110
trailingEps 6.390000
forwardEps 10.663460

NEM's current ratio of 2.287 means the company has enough liquidity to meet its short-term debt obligations. With sufficient cash reserves and current assets, NEM can comfortably cover its liabilities, reflecting a strong financial outlook.
NEM's Forward PE is positioned well, reflecting a favorable balance between stock price and earnings. The stock isn't overpriced, offering room for growth and making it a potentially rewarding investment as its value has room to rise further.
NEM's low Debt-to-Equity ratio means it is not excessively leveraged, implying a reduced financial risk profile. This suggests NEM maintains a well-balanced financial structure, with more emphasis on equity than debt, ensuring greater flexibility and long-term stability.
NEM's positive gross and operating margins reflect its ability to generate profits from operations. These margins demonstrate efficient cost control and profitability, indicating strong financial health for the company.
Newmont Corporation's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that Newmont Corporation is likely to outperform its previous year's financial performance.

Price projections:

Price projections for NEM
Price projections for NEM

Newmont Corporation's price projections have been consistently revised upward, suggesting that analysts are becoming increasingly optimistic about the company's future. This trend reflects confidence in Newmont Corporation's ability to achieve strong financial results.

Insider Transactions:

Insider Transactions for NEM
Insider Transactions for NEM


17 transactions to sell Newmont Corporation occurred, with market price at 84.93972284653607.No sell transactions occurred in the period under review.More recent purchases than sales at current price levels for NEM could signal growing investor confidence. This buying trend might suggest that market sentiment is leaning toward a positive outlook for the stock, possibly indicating expectations of favorable performance in the near future.

Recommendation changes over time:

Recommendations trend for NEM
Recommendations trend for NEM


NEM has been receiving a buy bias from analysts, signaling strong confidence in the stock's future performance. This positive outlook might drive investors to view NEM as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.