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.
Golden Opportunity? | Learn how forecasted gold price increases could significantly impact Newmont's profitability, potentially leading to substantial earnings upgrades and stock appreciation |
Market Sentiment | Analyst projections paint a complex picture, with price targets ranging from $50 to $58, reflecting varied perspectives on Newmont's future prospects |
Financial Crossroads | Delve into Newmont's mixed financial performance, balancing operational challenges with ambitious cost-cutting measures and production growth targets |
Gold Giant's Pivot | Explore Newmont's strategic shift as it divests non-core assets, aiming to streamline operations and boost shareholder value through buybacks and debt reduction |
Metrics to compare | NEM | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipNEMPeersSector | |
---|---|---|---|---|
P/E Ratio | 18.9x | 8.7x | −0.1x | |
PEG Ratio | 0.09 | 0.14 | 0.00 | |
Price / Book | 2.1x | 1.7x | 1.6x | |
Price / LTM Sales | 3.3x | 2.5x | 1.2x | |
Upside (Analyst Target) | 12.7% | 20.3% | 32.4% | |
Fair Value Upside | Unlock | 20.8% | 3.8% | Unlock |