Newmont Corp (NYSE: NEM) started the day on Tuesday, with a price increase of 0.59% at $37.22, before settling in for the price of $37.00 at the close. Taking a more long-term approach, NEM posted a 52-week range of $29.42-$58.72.
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It was noted that the giant of the Basic Materials sector posted annual sales growth of 10.93% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 90.71%. This publicly-traded company’s shares outstanding now amounts to $1.15 billion, simultaneously with a float of $1.14 billion. The organization now has a market capitalization sitting at $42.63 billion. At the time of writing, stock’s 50-day Moving Average stood at $43.11, while the 200-day Moving Average is $44.91.
Newmont Corp (NEM) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Gold Industry. Newmont Corp’s current insider ownership accounts for 0.12%, in contrast to 73.14% institutional ownership. According to the most recent insider trade that took place on Dec 02 ’24, this organization’s President & CEO sold 13,000 shares at the rate of 41.59, making the entire transaction reach 540,670 in total value, affecting insider ownership by 245,469. Preceding that transaction, on Dec 02 ’24, Company’s EVP & CDO sold 3,000 for 41.59, making the whole transaction’s value amount to 124,770. This particular insider is now the holder of 85,596 in total.
Newmont Corp (NEM) Earnings and Revenue Records
Newmont Corp’s EPS increase for this current 12-month fiscal period is 90.71% and is forecasted to reach 3.65 in the upcoming year.
Newmont Corp (NYSE: NEM) Trading Performance Indicators
Let’s observe the current performance indicators for Newmont Corp (NEM). It’s Quick Ratio in the last reported quarter now stands at 1.62. The Stock has managed to achieve an average true range (ATR) of 0.96. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.53. Similarly, its price to free cash flow for trailing twelve months is now 41.75.
In the same vein, NEM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.54, a figure that is expected to reach 1.07 in the next quarter, and analysts are predicting that it will be 3.65 at the market close of one year from today.
Technical Analysis of Newmont Corp (NEM)
If we take a close look at the recent performances of Newmont Corp (NYSE: NEM), its last 5-days Average volume was 6.35 million that shows plunge from its year to date volume of 10.47 million. During the previous 9 days, stock’s Stochastic %D was recorded 14.93% While, its Average True Range was 0.89.
Raw Stochastic average of Newmont Corp (NEM) in the period of the previous 100 days is set at 1.65%, which indicates a major fall in contrast to 6.36% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 32.75% that was lower than 36.83% volatility it exhibited in the past 100-days period.
