Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Newmont Corp (NYSE: NEM) closed the day trading at $50.07 down -1.40% from the previous closing price of $50.78. In other words, the price has decreased by -$1.40 from its previous closing price. On the day, 16.68 million shares were traded.
Ratios:
For a better understanding of NEM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.14. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 1.98. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.25.
On January 13, 2025, Goldman started tracking the stock assigning a Buy rating and target price of $47.20.Goldman initiated its Buy rating on January 13, 2025, with a $47.20 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 01 ’25 when Brook Bruce R sold 2,077 shares for $51.48 per share. The transaction valued at 106,924 led to the insider holds 47,257 shares of the business.
Toth Peter sold 3,000 shares of NEM for $154,440 on May 01 ’25. The EVP, Chief Sustain & Dev Off now owns 80,526 shares after completing the transaction at $51.48 per share. On May 01 ’25, another insider, Toth Peter, who serves as the Officer of the company, bought 3,000 shares for $51.48 each.
Valuation Measures:
As of this moment, Newmont’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.24, and their Forward P/E ratio for the next fiscal year is 11.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.86 while its Price-to-Book (P/B) ratio in mrq is 1.79.
Stock Price History:
Over the past 52 weeks, NEM has reached a high of $58.72, while it has fallen to a 52-week low of $36.86. The 50-Day Moving Average of the stock is 0.97%, while the 200-Day Moving Average is calculated to be 5.81%.
Shares Statistics:
A total of 1.12B shares are outstanding, with a floating share count of 1.11B. Insiders hold about 0.17% of the company’s shares, while institutions hold 76.07% stake in the company.
