What Are The Chances Of Newmont Corp (NYSE: NEM) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NYSE listed company, NEM falls under the Basic Materials sector while operating within the Gold industry segment. The current market capitalization of Newmont Corp is $43.68B. A total of 8.28 million shares were traded on the day, compared to an average of 10.57M shares.

In the most recent transaction, Palmer Thomas Ronald sold 13,000 shares of NEM for 41.59 per share on Dec 02 ’24. After the transaction, the President & CEO now owns 245,469 company shares. In a previous transaction on Dec 02 ’24, Toth Peter sold 3,000 shares at 41.59 per share. NEM shares that EVP & CDO owns now total 85,596.

Among the insiders who sold shares, Viljoen Natascha disposed of 9,000 shares on Dec 02 ’24 at a per-share price of $41.59. This resulted in the EVP & COO holding 154,967 shares of NEM after the transaction. In another insider transaction, Conger Harry M. IV bought 9,498 shares at $42.15 per share on Nov 27 ’24. Company shares held by the Director now total 14,498.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. NEM’s most recent ex-dividend date was 2.03% when it declared a $0.25 quarterly dividend that was paid in cash on 11/27/2024. Previously, the company paid the dividend on 9/5/2024 with an ex-dividend date of 2.19%. The NEM stock dividend was $0.25 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, NEM has a high of $58.72 and a low of $29.42.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. NEM’s latest balance sheet shows that the firm has $5.07B in Cash & Short Term Investments as of fiscal 2021. There were $6.30B in debt and $2.65B in liabilities at the time. Its Book Value Per Share was $25.81, while its Total Shareholder’s Equity was $21.86B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NEM is Buy with a score of 4.00.

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