Newmont Corp (NYSE: NEM) kicked off on Monday, down -6.02% from the previous trading day, before settling in for the closing price of $45.04. Over the past 52 weeks, NEM has traded in a range of $29.42-$58.72.
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Basic Materials Sector giant saw their annual sales surged by 10.93% over the last five years. While this was happening, its average annual earnings per share was recorded 92.66%. With a float of $1.14 billion, this company’s outstanding shares have now reached $1.15 billion.
The firm has a total of 40200 workers. Let’s measure their productivity. In terms of profitability, gross margin is 22.81%, operating margin of 17.77%, and the pretax margin is -3.08%.
Newmont Corp (NEM) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Gold Industry. The insider ownership of Newmont Corp is 0.12%, while institutional ownership is 73.79%. The most recent insider transaction that took place on Nov 01 ’24, was worth 590,850. In this transaction President & CEO of this company sold 13,000 shares at a rate of $45.45, taking the stock ownership to the 258,469 shares. Before that another transaction happened on Nov 01 ’24, when Company’s EVP & CDO sold 3,000 for $45.45, making the entire transaction worth $136,350. This insider now owns 88,596 shares in total.
Newmont Corp (NEM) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 92.66% per share during the next fiscal year.
Newmont Corp (NYSE: NEM) Trading Performance Indicators
Take a look at Newmont Corp’s (NEM) current performance indicators. Last quarter, stock had a quick ratio of 1.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.85. Likewise, its price to free cash flow for the trailing twelve months is 47.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.54, a number that is poised to hit 1.08 in the next quarter and is forecasted to reach 3.80 in one year’s time.
Technical Analysis of Newmont Corp (NEM)
Analysing the last 5-days average volume posted by the [Newmont Corp, NEM], we can find that recorded value of 12.89 million was better than the volume posted last year of 10.47 million. As of the previous 9 days, the stock’s Stochastic %D was 20.34%. Additionally, its Average True Range was 1.59.
During the past 100 days, Newmont Corp’s (NEM) raw stochastic average was set at 6.67%, which indicates a significant increase from 2.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.60% in the past 14 days, which was higher than the 37.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $51.94, while its 200-day Moving Average is $43.64. Now, the first resistance to watch is $43.23. This is followed by the second major resistance level at $44.12. The third major resistance level sits at $44.76. If the price goes on to break the first support level at $41.70, it is likely to go to the next support level at $41.06. Should the price break the second support level, the third support level stands at $40.17.
Newmont Corp (NYSE: NEM) Key Stats
The company with the Market Capitalisation of 48.06 billion has total of 1,138,450K Shares Outstanding. Its annual sales at the moment are 11,812 M in contrast with the sum of -2,494 M annual income. Company’s last quarter sales were recorded 4,605 M and last quarter income was 922,000 K.
