A new trading day began on Friday, with Newmont Corp (NYSE: NEM) stock price up 0.05% from the previous day of trading, before settling in for the closing price of $41.65. NEM’s price has ranged from $29.42 to $58.72 over the past 52 weeks.
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Basic Materials Sector giant saw their annual sales surged by 5.18% over the last five years. Meanwhile, its annual earnings per share averaged 91.90%. 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 21.59%, operating margin of 17.77%, and the pretax margin is -3.08%.
Newmont Corp (NEM) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Gold Industry. The insider ownership of Newmont Corp is 0.12%, while institutional ownership is 72.95%. The most recent insider transaction that took place on Jan 10 ’25, was worth 83,080. In this transaction Director of this company sold 2,077 shares at a rate of $40.00, taking the stock ownership to the 52,070 shares. Before that another transaction happened on Jan 10 ’25, when Company’s EVP & CDO sold 3,000 for $40.00, making the entire transaction worth $120,000. This insider now owns 82,596 shares in total.
Newmont Corp (NEM) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.92 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 91.90% per share during the next fiscal year.
Newmont Corp (NYSE: NEM) Trading Performance Indicators
Here are Newmont Corp’s current performance indicators. According to the last quarter’s results, the 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 2.82. Likewise, its price to free cash flow for the trailing twelve months is 46.46.
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 3.70 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 9.61 million was better than the volume posted last year of 8.79 million. As of the previous 9 days, the stock’s Stochastic %D was 91.69%. Additionally, its Average True Range was 0.98.
During the past 100 days, Newmont Corp’s (NEM) raw stochastic average was set at 22.00%, which indicates a significant decrease from 91.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.13% in the past 14 days, which was lower than the 37.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.78, while its 200-day Moving Average is $45.17. Now, the first resistance to watch is $42.00. This is followed by the second major resistance level at $42.33. The third major resistance level sits at $42.78. If the price goes on to break the first support level at $41.22, it is likely to go to the next support level at $40.77. Now, if the price goes above the second support level, the third support stands at $40.44.
Newmont Corp (NYSE: NEM) Key Stats
With a market capitalization of 47.44 billion, the company has a total of 1,138,450K Shares Outstanding. Currently, annual sales are 11,812 M while annual income is -2,494 M. The company’s previous quarter sales were 4,605 M while its latest quarter income was 922,000 K.
