- NEM has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $206.3 million.
- NEM traded 12,379 shares today in the pre-market hours as of 8:57 AM.
- NEM is up 2.4% today from Friday's close.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in NEM with the Ticky from Trade-Ideas. See the FREE profile for NEM NOW at Trade-Ideas More details on NEM: Newmont Mining Corporation, together with its subsidiaries, acquires, explores for, and produces gold, copper, and silver deposits. The company's assets or operations are located in the United States, Australia, Peru, Indonesia, Ghana, New Zealand, Mexico, and Suriname. The stock currently has a dividend yield of 0.6%. Currently there are 2 analysts that rate Newmont Mining a buy, 2 analysts rate it a sell, and 12 rate it a hold. The average volume for Newmont Mining has been 7.4 million shares per day over the past 30 days. Newmont has a market cap of $9.1 billion and is part of the basic materials sector and metals & mining industry. The stock has a beta of 0.39 and a short float of 2.9% with 1.24 days to cover. Shares are down 16.9% year-to-date as of the close of trading on Friday.
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Metals & Mining industry. The net income has significantly decreased by 46.5% when compared to the same quarter one year ago, falling from $398.00 million to $213.00 million.
- The gross profit margin for NEWMONT MINING CORP is currently lower than what is desirable, coming in at 29.61%. It has decreased significantly from the same period last year. Along with this, the net profit margin of 12.19% trails that of the industry average.
- Net operating cash flow has decreased to $324.00 million or 26.36% when compared to the same quarter last year. Despite a decrease in cash flow NEWMONT MINING CORP is still fairing well by exceeding its industry average cash flow growth rate of -55.48%.
- Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 33.19%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 50.00% compared to the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
- NEWMONT MINING CORP's earnings per share declined by 50.0% in the most recent quarter compared to the same quarter a year ago. The company has reported a trend of declining earnings per share over the past two years. However, the consensus estimate suggests that this trend should reverse in the coming year. During the past fiscal year, NEWMONT MINING CORP swung to a loss, reporting -$5.16 versus $3.78 in the prior year. This year, the market expects an improvement in earnings ($0.95 versus -$5.16).
- You can view the full Newmont Mining Ratings Report.