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Newmont Corporation engages in the production and exploration of gold properties. It also explores for copper, silver, zinc, lead, and other metals. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana, and internationally. Newmont Corporation was founded in 1916 and is headquartered in Denver, Colorado.
Market Valuation Insights | Analysts set price targets ranging from $53 to $63, with potential for re-rating as Newmont addresses operational challenges and market skepticism |
Strategic Asset Management | Explore Newmont's $4.3 billion asset sale strategy, streamlining operations and potentially fueling shareholder returns |
Financial Resilience | Despite cost pressures, Newmont maintains strong fundamentals with a 52.79% gross profit margin and aggressive share buyback program |
Gold Giant's Outlook | Newmont aims to boost gold production to 6 million ounces annually by 2028, facing operational challenges amid ambitious growth plans |
Metrics to compare | NEM | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipNEMPeersSector | |
---|---|---|---|---|
P/E Ratio | 12.9x | 10.3x | 1.6x | |
PEG Ratio | 0.05 | −0.12 | 0.00 | |
Price / Book | 2.1x | 2.1x | 1.6x | |
Price / LTM Sales | 3.3x | 2.2x | 1.2x | |
Upside (Analyst Target) | 5.4% | 4.2% | 24.6% | |
Fair Value Upside | Unlock | 17.6% | 3.5% | Unlock |