Let’s look at the key reasons that are pushing Newmont Corp (NEM) to new highs

On Friday, Newmont Corp (NYSE: NEM) was 0.52% up from the session before settling in for the closing price of $49.84. A 52-week range for NEM has been $36.86 – $58.72.

Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 15.66%. When this article was written, the company’s average yearly earnings per share was at 24.20%. With a float of $1.11 billion, this company’s outstanding shares have now reached $1.12 billion.

Considering the fact that the conglomerate employs 42600 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 39.32%, operating margin of 34.99%, and the pretax margin is 33.7%.

Newmont Corp (NEM) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Newmont Corp stocks. The insider ownership of Newmont Corp is 0.17%, while institutional ownership is 74.62%. The most recent insider transaction that took place on May 01 ’25, was worth 106,924. In this transaction Director of this company sold 2,077 shares at a rate of $51.48, taking the stock ownership to the 47,257 shares. Before that another transaction happened on May 01 ’25, when Company’s EVP, Chief Sustain & Dev Off sold 3,000 for $51.48, making the entire transaction worth $154,440. This insider now owns 80,526 shares in total.

Newmont Corp (NEM) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 24.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.89% during the next five years compared to -5.57% drop over the previous five years of trading.

Newmont Corp (NYSE: NEM) Trading Performance Indicators

You can see what Newmont Corp (NEM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.86. Likewise, its price to free cash flow for the trailing twelve months is 13.15.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.46, a number that is poised to hit 0.97 in the next quarter and is forecasted to reach 4.51 in one year’s time.

Technical Analysis of Newmont Corp (NEM)

Compared to the last year’s volume of 12.07 million, its volume of 15.82 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 19.53%. Additionally, its Average True Range was 1.83.

During the past 100 days, Newmont Corp’s (NEM) raw stochastic average was set at 65.22%, which indicates a significant increase from 28.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.34% in the past 14 days, which was lower than the 39.59% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $49.95, while its 200-day Moving Average is $47.36. Nevertheless, the first resistance level for the watch stands at $50.61 in the near term. At $51.11, the stock is likely to face the second major resistance level. The third major resistance level sits at $52.11. If the price goes on to break the first support level at $49.10, it is likely to go to the next support level at $48.10. Now, if the price goes above the second support level, the third support stands at $47.60.

Newmont Corp (NYSE: NEM) Key Stats

There are 1,112,997K outstanding shares of the company, which has a market capitalization of 55.76 billion. As of now, sales total 18,682 M while income totals 3,348 M. Its latest quarter income was 5,010 M while its last quarter net income were 1,891 M.