Newmont Goldcorp Corp

Company Profile

Newmont Goldcorp Corp had its IPO on 1978-01-13 under the ticker symbol NEM.

The company operates in the Basic Materials sector and Gold industry. Newmont Goldcorp Corp has a staff strength of 14,600 employees.

Stock update

Shares of Newmont Goldcorp Corp opened at $38.8 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $38.54 - $39.2, and closed at $38.82.

This is a -0.23% slip from the previous day's closing price.

A total volume of 5,387,605 shares were traded at the close of the day’s session.

In the last one week, shares of Newmont Goldcorp Corp have slipped by -0.24%.

Newmont Goldcorp Corp's Key Ratios

Newmont Goldcorp Corp has a market cap of $30.89 billion, indicating a price to book ratio of 1.7357 and a price to sales ratio of 2.9881.

In the last 12-months Newmont Goldcorp Corp’s revenue was $11.20 billion with a gross profit of $4.53 billion and an EBITDA of $3.38 billion. The EBITDA ratio measures Newmont Goldcorp Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Newmont Goldcorp Corp’s operating margin was 10.21% while its return on assets stood at 1.84% with a return of equity of -3.61%.

In Q2, Newmont Goldcorp Corp’s quarterly earnings growth was a negative -60.5% while revenue growth was a negative 12.3%.

Newmont Goldcorp Corp’s PE and PEG Ratio

Forward PE

17.5131

Trailing PE

0

PEG

0.7872

Its diluted EPS in the last 12-months stands at $-0.98 per share while it has a forward price to earnings multiple of 17.5131 and a PEG multiple of 0.7872. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Newmont Goldcorp Corp’s profitability.

Newmont Goldcorp Corp stock is trading at a EV to sales ratio of 3.2337 and a EV to EBITDA ratio of 11.7973. Its price to sales ratio in the trailing 12-months stood at 2.9881.

Newmont Goldcorp Corp stock pays annual dividends of $1.75 per share, indicating a yield of 4.17% and a payout ratio of 121.53%.

Balance sheet and cash flow metrics

Total Assets

$38.13 billion

Total Liabilities

$2.69 billion

Operating Cash Flow

$-158000000.00

Capital Expenditure

$616 million

Dividend Payout Ratio

121.53%

Newmont Goldcorp Corp ended 2024 with $38.13 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $38.13 billion while shareholder equity stood at $19.23 billion.

Newmont Goldcorp Corp ended 2024 with $0 in deferred long-term liabilities, $2.69 billion in other current liabilities, 1281000000.00 in common stock, $785.00 million in retained earnings and $1.97 billion in goodwill. Its cash balance stood at $2.83 billion and cash and short-term investments were $3.24 billion. The company’s total short-term debt was $96,000,000 while long-term debt stood at $5.57 billion.

Newmont Goldcorp Corp’s total current assets stands at $6.13 billion while long-term investments were $3.17 billion and short-term investments were $409.00 million. Its net receivables were $185.00 million compared to accounts payable of $565.00 million and inventory worth $1.97 billion.

In 2024, Newmont Goldcorp Corp's operating cash flow was $-158000000.00 while its capital expenditure stood at $616 million.

Comparatively, Newmont Goldcorp Corp paid $1.22 in dividends in 2024.

Other key metrics

Current Trading Price

$38.82

52-Week High

$53.7853

52-Week Low

$35.9276

Analyst Target Price

$76.81

Newmont Goldcorp Corp stock is currently trading at $38.82 per share. It touched a 52-week high of $53.7853 and a 52-week low of $53.7853. Analysts tracking the stock have a 12-month average target price of $76.81.

Its 50-day moving average was $40.59 and 200-day moving average was $44.51 The short ratio stood at 4.09 indicating a short percent outstanding of 0%.

Around 11.5% of the company’s stock are held by insiders while 8209.6% are held by institutions.