Newmont Corp (NEM) last month volatility was 2.30%: Don’t Ignore this Blaring Warning Signal

Newmont Corp (NYSE: NEM) open the trading on Wednesday, with great promise as it jumped 3.01% to $41.37, before settling in for the price of $40.16 at the close. Taking a more long-term approach, NEM posted a 52-week range of $29.42-$58.72.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The company of the Basic Materials sector’s yearbook sales growth during the past 5- year span was recorded 5.18%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 91.18%. 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 $47.10 billion. At the time of writing, stock’s 50-day Moving Average stood at $40.93, while the 200-day Moving Average is $45.12.

Newmont Corp (NEM) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Gold industry. Newmont Corp’s current insider ownership accounts for 0.12%, in contrast to 73.24% institutional ownership. According to the most recent insider trade that took place on Jan 10 ’25, this organization’s Director sold 2,077 shares at the rate of 40.00, making the entire transaction reach 83,080 in total value, affecting insider ownership by 52,070. Preceding that transaction, on Jan 10 ’25, Company’s EVP & CDO sold 3,000 for 40.00, making the whole transaction’s value amount to 120,000. This particular insider is now the holder of 82,596 in total.

Newmont Corp (NEM) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.9 per share during the current fiscal year.

Newmont Corp’s EPS increase for this current 12-month fiscal period is 91.18% and is forecasted to reach 3.66 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 1.01. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.80. Similarly, its price to free cash flow for trailing twelve months is now 46.13.

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 1.05 in the next quarter, and analysts are predicting that it will be 3.66 at the market close of one year from today.

Technical Analysis of Newmont Corp (NEM)

[Newmont Corp, NEM] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 87.01% While, its Average True Range was 1.01.

Raw Stochastic average of Newmont Corp (NEM) in the period of the previous 100 days is set at 20.63%, which indicates a major fall in contrast to 97.20% 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 24.62% that was lower than 37.52% volatility it exhibited in the past 100-days period.