Overall Fundamental outlook

* NEM makes the list of companies with the best fundamentals at present.

Business Operations:

Sector: Basic Materials
Industry: Gold

Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals. It has operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. The company was founded in 1916 and is headquartered in Denver, Colorado.

Revenue projections:

Revenue projections for NEM
Revenue projections for NEM

Newmont Corporation's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.

Financial Ratios:

currentRatio 2.546000
forwardPE 11.216584
debtToEquity 15.807000
earningsGrowth 0.114000
revenueGrowth 0.151000
grossMargins 0.680410
operatingMargins 0.515690
trailingEps 7.930000
forwardEps 10.498740

Newmont Corporation's current ratio, being 2.546, demonstrates that the company has the liquidity necessary to service its short-term debt. With strong cash reserves and current assets, Newmont Corporation is well-equipped to meet its immediate financial obligations without any difficulties.
Newmont Corporation's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation.
Newmont Corporation's low Debt-to-Equity ratio demonstrates that the company maintains a healthy balance between equity and debt, avoiding over-leverage. This suggests a low-risk financial profile, giving investors confidence in the company's stability and ability to manage its financial commitments.
Positive earnings and revenue growth for Newmont Corporation suggest that the company is positioned for business expansion. The company's strong financial performance indicates sustained growth, as increasing sales and profits fuel its future success.
With positive gross and operating margins, NEM demonstrates its profitability and efficiency. These metrics show that the company is managing costs well while generating strong revenue, highlighting robust financial health.
NEM's forward EPS exceeding its trailing EPS implies that the company is projected to be more profitable this year. This suggests an improvement in financial performance, with analysts expecting NEM to generate stronger earnings compared to the previous financial year.

Price projections:

Price projections for NEM
Price projections for NEM

NEM's stock price has regularly been near the lower end of projections, indicating that it may be struggling to attract investor interest. This pattern suggests a cautious sentiment surrounding the company's future performance.

Insider Transactions:

Insider Transactions for NEM
Insider Transactions for NEM


Newmont Corporation stock was sold in 19 transactions, with market price at 98.22185777363025.There were no sell transactions throughout the period under consideration.The trend of more buys than sells at Newmont Corporation's current price levels suggests a possible bullish sentiment. This could indicate that investors are expecting a favorable outlook for the stock, prompting more buying activity.

Recommendation changes over time:

Recommendations trend for NEM
Recommendations trend for NEM


The recent buy bias for NEM from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see NEM as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.