Post-Trade Analysis: Newmont Corp (NEM) Slides -5.43, Closing at 37.64

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After finishing at $39.80 in the prior trading day, Newmont Corp (NYSE: NEM) closed at $37.64, down -5.43%. In other words, the price has decreased by -$5.43 from its previous closing price. On the day, 16.27 million shares were traded. NEM stock price reached its highest trading level at $39.56 during the session, while it also had its lowest trading level at $37.59.

Ratios:

Our goal is to gain a better understanding of NEM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.97. For the most recent quarter (mrq), Quick Ratio is recorded 1.62 and its Current Ratio is at 1.96. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.30.

UBS Downgraded its Buy to Neutral on October 30, 2024, whereas the target price for the stock was revised from $67 to $54.

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 Dec 02 ’24 when Palmer Thomas Ronald sold 13,000 shares for $41.59 per share. The transaction valued at 540,670 led to the insider holds 245,469 shares of the business.

Toth Peter sold 3,000 shares of NEM for $124,770 on Dec 02 ’24. The EVP & CDO now owns 85,596 shares after completing the transaction at $41.59 per share. On Dec 02 ’24, another insider, Viljoen Natascha, who serves as the EVP & COO of the company, sold 9,000 shares for $41.59 each. As a result, the insider received 374,310 and left with 154,967 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NEM now has a Market Capitalization of 42851258368 and an Enterprise Value of 49075277824. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.55 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 2.889 whereas that against EBITDA is 8.167.

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 -17.99%, while the 200-Day Moving Average is calculated to be -15.92%.

Shares Statistics:

The stock has traded on average 10.61M shares per day over the past 3-months and 9616810 shares per day over the last 10 days, according to various share statistics. A total of 1.15B shares are outstanding, with a floating share count of 1.14B. Insiders hold about 0.12% of the company’s shares, while institutions hold 73.10% stake in the company. Shares short for NEM as of 1732838400 were 16735639 with a Short Ratio of 1.58, compared to 1730332800 on 18544707. Therefore, it implies a Short% of Shares Outstanding of 16735639 and a Short% of Float of 1.8800000000000001.

Dividends & Splits

In the trailing 12 months, NEM’s forward annual dividend rate was 1.0, compared to 1.00 this year. Against a Trailing Annual Dividend Yield of 0.025125628The stock’s 5-year Average Dividend Yield is 3.14.

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