3.61%
16.46%
-8.20%
-9.11%
24.86%
-29.56%
-4.18%
AI Spotlight on NEM
Company Description
Newmont Corporation engages in the production and exploration of gold.It also explores for copper, silver, zinc, and lead.The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana.
As of December 31, 2021, it had proven and probable gold reserves of 92.8 million ounces and land position of 62,800 square kilometers.The company was founded in 1916 and is headquartered in Denver, Colorado.
Market Data
| Last Price | 43.09 |
| Change Percentage | 3.61% |
| Open | 42.38 |
| Previous Close | 41.59 |
| Market Cap ( Millions) | 49056 |
| Volume | 8294496 |
| Year High | 58.72 |
| Year Low | 29.42 |
| M A 50 | 40.51 |
| M A 200 | 45.28 |
Financial Ratios
| FCF Yield | 2.01% |
| Dividend Yield | 2.32% |
| ROE | -4.12% |
| Debt / Equity | 30.62% |
| Net Debt / EBIDTA | 156.86% |
| Price To Book | 1.66 |
| Price Earnings Ratio | -41.02 |
| Price To FCF | 49.7 |
| Price To sales | 2.91 |
| EV / EBITDA | 14.22 |
News
- Jan -30 - Newmont Corporation Investigated Regarding Potential Securities Law Violations - Contact Levi & Korsinsky for Details- NEM
- Jan -29 - Newmont Corporation (NEM) Shareholders May Have Been Affected by Fraud - Levi & Korsinsky Investigates
- Jan -28 - Newmont to Divest its Porcupine Operation for up to $425 Million
- Jan -28 - Newmont Corporation Investigated Regarding Potential Securities Law Violations - Contact Levi & Korsinsky for Details- NEM
- Jan -27 - Newmont Announces Early Redemption of its 5.30% Notes Due 2026
- Jan -27 - Newmont Announces Sale of Porcupine Operation for up to $425 Million
- Jan -27 - Lost Money on Newmont Corporation (NEM)? You May Have Been Affected by Fraud - Contact Levi & Korsinsky
- Jan -27 - Discovery Announces Transformational Acquisition of Newmont's Porcupine Complex
- Jan -24 - Newmont Corporation (NEM) Increases Despite Market Slip: Here's What You Need to Know
- Jan -24 - Newmont Corporation Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights - NEM
- Jan -23 - Newmont Corporation Investigated by Shareholder Rights Advocates - Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - NEM
- Jan -23 - Newmont Corporation (NEM) Stock Drops Despite Market Gains: Important Facts to Note
- Jan -22 - Did Newmont Corporation Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - NEM
- Jan -21 - SRC Provides VLF-EM Interpretation for Skye Gold Zone
- Jan -20 - Did Newmont Corporation Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - NEM
- Jan -16 - Newmont Corporation (NEM) Rises As Market Takes a Dip: Key Facts
- Jan -16 - What Drove Newmont Stock Down 33%?
- Jan -15 - Gold Miners Reaping A Record Cash Harvest
- Jan -13 - If I Could Only Own 3 Investments For The Next 5 Years
- Jan -10 - Wall Street Says Gold Could Hit $3,000 or More: Buy These Dividend Gold Stocks Now
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Gold
Expected Growth : 5.5 %
What the company do ?
Newmont Corporation's gold refers to the precious metal extracted and sold by the company, a leading gold mining corporation, generating significant revenue.
Why we expect these perspectives ?
Newmont Corporation's 5.5% growth in gold production is driven by increased mining activities at its Nevada Gold Mines, improved operational efficiency, and higher gold prices. Additionally, the company's strategic acquisitions, such as the Goldcorp merger, have expanded its production capacity and reserves, contributing to the growth.
Segment n°2 -> Copper
Expected Growth : 5.8 %
What the company do ?
Copper from Newmont Corporation refers to the copper produced as a byproduct of gold mining operations, contributing to the company's diversified mineral portfolio.
Why we expect these perspectives ?
Newmont Corporation's 5.8% copper growth is driven by increasing demand from renewable energy and electric vehicle adoption, coupled with supply constraints from mine depletion and limited new discoveries. Additionally, copper's role in energy storage and transmission infrastructure supports its growth, as governments invest in grid modernization and decarbonization efforts.
Segment n°3 -> Silver
Expected Growth : 5.2 %
What the company do ?
Newmont Corporation's Silver segment refers to the production and sale of silver as a byproduct of gold mining operations, primarily from its Nevada and Yanacocha mines.
Why we expect these perspectives ?
Newmont Corporation's 5.2% growth in silver production is driven by increased ore grades at its Peñasquito mine, improved mill throughput at Ahafo, and higher gold by-product credits. Additionally, the company's focus on operational efficiencies, cost savings initiatives, and strategic investments in growth projects have contributed to this growth.
Segment n°4 -> Zinc
Expected Growth : 5.6 %
What the company do ?
Zinc from Newmont Corporation refers to the zinc concentrate produced as a by-product of gold mining operations, primarily from the Peñasquito mine in Mexico.
Why we expect these perspectives ?
Newmont Corporation's 5.6% zinc growth driven by increasing demand from galvanizing and die-casting industries, coupled with supply constraints from mine closures and production disruptions. Additionally, zinc's use in renewable energy systems and electric vehicles supports long-term growth prospects.
Segment n°5 -> Lead
Expected Growth : 5.4 %
What the company do ?
Newmont Corporation's lead is Tom Palmer, the President and CEO, who oversees the company's global mining operations and strategic growth initiatives.
Why we expect these perspectives ?
Newmont Corporation's 5.4% growth is driven by increasing gold prices, successful integration of Nevada Gold Mines, and improved operational efficiency. The company's diversified portfolio, strong balance sheet, and disciplined capital allocation also contribute to its growth. Additionally, Newmont's investment in exploration and development projects, such as the Yanacocha sulfides project, is expected to drive future growth.
Newmont Corporation Products
| Product Range | What is it ? |
|---|---|
| Gold | Newmont Corporation is one of the largest gold producers in the world, with operations in the United States, Australia, Peru, and Ghana. |
| Copper | Newmont Corporation also produces copper as a by-product of its gold mining operations, primarily in Peru and Australia. |
| Silver | Silver is another by-product of Newmont's gold mining operations, primarily in Peru and Australia. |
| Lead | Lead is a by-product of Newmont's gold mining operations, primarily in Peru. |
| Zinc | Zinc is a by-product of Newmont's gold mining operations, primarily in Peru. |
| Exploration Services | Newmont Corporation provides exploration services to identify and develop new mineral deposits. |
| Mining Services | Newmont Corporation provides mining services, including mine planning, operations, and maintenance. |
Newmont Corporation's Porter Forces
Threat Of Substitutes
Newmont Corporation's gold mining operations are susceptible to substitutes, such as recycling of gold and alternative metals. However, the demand for gold is relatively inelastic, reducing the threat of substitutes.
Bargaining Power Of Customers
Newmont Corporation's customers, primarily jewelry manufacturers and central banks, have limited bargaining power due to the company's dominant position in the gold mining industry.
Bargaining Power Of Suppliers
Newmont Corporation's suppliers, including equipment manufacturers and contractors, have some bargaining power due to the company's dependence on their services. However, the company's scale and diversification mitigate this risk.
Threat Of New Entrants
The threat of new entrants in the gold mining industry is low due to the high barriers to entry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The gold mining industry is highly competitive, with several major players competing for market share. Newmont Corporation faces intense rivalry from companies such as Barrick Gold and AngloGold Ashanti.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 23.69% |
| Debt Cost | 3.95% |
| Equity Weight | 76.31% |
| Equity Cost | 6.39% |
| WACC | 5.81% |
| Leverage | 31.05% |
Newmont Corporation : Quality Control
Newmont Corporation passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| VMC | Vulcan Materials Company, together with its subsidiaries, produces and supplies construction aggregates primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The Aggregates segment … |
| RGLD | Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. It focuses on acquiring stream and royalty interests or to finance projects that … |
| WPM.TO | Wheaton Precious Metals Corp., a streaming company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, palladium, and cobalt deposits. It has a portfolio of interests … |
| SHW | The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: The Americas Group, Consumer Brands … |
| DOW | Dow Inc. provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Dow
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Wheaton
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Royal Gold
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4
Vulcan Materials
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5
Sherwin-Williams
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1-Year Total Return ->
6
