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The price of Newmont Corp (NYSE: NEM) closed at $43.58 in the last session, up 1.51% from day before closing price of $42.93. In other words, the price has increased by $1.51 from its previous closing price. On the day, 7.93 million shares were traded.
Ratios:
We take a closer look at NEM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.59. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.27.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on January 13, 2025, initiated with a Buy rating and assigned the stock a target price of $47.20.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 03 ’25 when Toth Peter sold 3,000 shares for $42.89 per share. The transaction valued at 128,670 led to the insider holds 79,596 shares of the business.
Viljoen Natascha sold 9,000 shares of NEM for $386,010 on Feb 03 ’25. The EVP & COO now owns 136,967 shares after completing the transaction at $42.89 per share. On Feb 03 ’25, another insider, Brook Bruce R, who serves as the Director of the company, sold 2,077 shares for $42.89 each. As a result, the insider received 89,083 and left with 49,993 shares of the company.
Valuation Measures:
As of this moment, Newmont’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.92, and their Forward P/E ratio for the next fiscal year is 12.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 57.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.64 while its Price-to-Book (P/B) ratio in mrq is 1.64.
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 $29.42. The 50-Day Moving Average of the stock is 4.39%, while the 200-Day Moving Average is calculated to be -4.78%.
Shares Statistics:
A total of 1.13B shares are outstanding, with a floating share count of 1.13B. Insiders hold about 0.12% of the company’s shares, while institutions hold 73.34% stake in the company.
