Is Newmont Goldcorp Stock a Good Investment?
Newmont Goldcorp Investment Advice | NEM |
- Examine Newmont Goldcorp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Newmont Goldcorp's leadership team and their track record. Good management can help Newmont Goldcorp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Metals & Mining space and any emerging trends that could impact Newmont Goldcorp's business and its evolving consumer preferences.
- Compare Newmont Goldcorp's performance and market position to its competitors. Analyze how Newmont Goldcorp is positioned in terms of product offerings, innovation, and market share.
- Check if Newmont Goldcorp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Newmont Goldcorp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Newmont Goldcorp Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Newmont Goldcorp Corp is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Newmont Goldcorp Stock
Researching Newmont Goldcorp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 74.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.54. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Newmont Goldcorp Corp has Price/Earnings To Growth (PEG) ratio of 0.79. The entity recorded a loss per share of 2.19. The firm last dividend was issued on the 27th of November 2024. Newmont Goldcorp had 5:4 split on the 22nd of April 1994.
To determine if Newmont Goldcorp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Newmont Goldcorp's research are outlined below:
| Newmont Goldcorp generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 11.81 B. Reported Net Loss for the year was (2.47 B) with profit before taxes, overhead, and interest of 4.53 B. | |
| About 74.0% of the company shares are owned by institutional investors | |
| Latest headline from stockhead.com.au: Barry FitzGerald Nevadas fast permits bring Independence for gold bolter James Bay Minerals |
Newmont Goldcorp Quarterly Cost Of Revenue |
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Newmont Goldcorp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Newmont Goldcorp Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Newmont Goldcorp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Newmont Goldcorp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Newmont Goldcorp's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2001-05-01 | 2001-03-31 | -0.04 | -0.03 | 0.01 | 25 | ||
1999-11-10 | 1999-09-30 | 0.01 | 0.02 | 0.01 | 100 | ||
1999-07-29 | 1999-06-30 | 0.03 | 0.02 | -0.01 | 33 | ||
2005-07-27 | 2005-06-30 | 0.17 | 0.19 | 0.02 | 11 | ||
2003-05-07 | 2003-03-31 | 0.17 | 0.19 | 0.02 | 11 | ||
2002-08-07 | 2002-06-30 | 0.14 | 0.16 | 0.02 | 14 | ||
2017-04-24 | 2017-03-31 | 0.22 | 0.25 | 0.03 | 13 | ||
2014-04-24 | 2014-03-31 | 0.19 | 0.22 | 0.03 | 15 |
Know Newmont Goldcorp's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Newmont Goldcorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Newmont Goldcorp Corp backward and forwards among themselves. Newmont Goldcorp's institutional investor refers to the entity that pools money to purchase Newmont Goldcorp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Amundi | 2024-09-30 | 10.8 M | Nuveen Asset Management, Llc | 2024-09-30 | 9.7 M | Ameriprise Financial Inc | 2024-09-30 | 9.7 M | Orbis Allan Gray Ltd | 2024-09-30 | 9.2 M | Amvescap Plc. | 2024-09-30 | 8.5 M | Ubs Group Ag | 2024-09-30 | 8.3 M | Legal & General Group Plc | 2024-09-30 | 8.3 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 8.1 M | Fmr Inc | 2024-09-30 | 7.1 M | Vanguard Group Inc | 2024-09-30 | 135.6 M | Blackrock Inc | 2024-06-30 | 119.3 M |
Newmont Goldcorp's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 45.63 B.Market Cap |
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Newmont Goldcorp's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.05) | (0.05) | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | (0.05) | (0.04) | |
| Return On Equity | (0.09) | (0.08) |
Determining Newmont Goldcorp's profitability involves analyzing its financial statements and using various financial metrics to determine if Newmont Goldcorp is a good buy. For example, gross profit margin measures Newmont Goldcorp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Newmont Goldcorp's profitability and make more informed investment decisions.
Newmont Goldcorp's Earnings Breakdown by Geography
Evaluate Newmont Goldcorp's management efficiency
Newmont Goldcorp Corp has Return on Asset of 0.0413 % which means that on every $100 spent on assets, it made $0.0413 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0516) %, meaning that it generated no profit with money invested by stockholders. Newmont Goldcorp's management efficiency ratios could be used to measure how well Newmont Goldcorp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 17th of December 2024, Return On Tangible Assets is likely to grow to -0.05. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Newmont Goldcorp's Asset Turnover is very stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 34.73 | 36.46 | |
| Tangible Book Value Per Share | 31.16 | 32.72 | |
| Enterprise Value Over EBITDA | (248.45) | (236.03) | |
| Price Book Value Ratio | 1.20 | 1.14 | |
| Enterprise Value Multiple | (248.45) | (236.03) | |
| Price Fair Value | 1.20 | 1.14 | |
| Enterprise Value | 11.4 B | 12 B |
Newmont Goldcorp Corp benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Dividend Yield 0.0249 | Forward Dividend Yield 0.0249 | Forward Dividend Rate 1 | Beta 0.531 |
Basic technical analysis of Newmont Stock
As of the 17th of December 2024, Newmont Goldcorp secures the Standard Deviation of 2.41, mean deviation of 1.43, and Risk Adjusted Performance of (0.11). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Newmont Goldcorp Corp, as well as the relationship between them. Please verify Newmont Goldcorp Corp market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Newmont Goldcorp Corp is priced some-what accurately, providing market reflects its recent price of 39.8 per share. Given that Newmont Goldcorp Corp has information ratio of (0.20), we recommend you to check Newmont Goldcorp's last-minute market performance to make sure the company can sustain itself at a future point.Newmont Goldcorp's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Newmont Goldcorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Newmont Goldcorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Newmont Goldcorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Dean Gehring over two months ago Acquisition by Dean Gehring of 9903 shares of Newmont Goldcorp subject to Rule 16b-3 | ||
Susan Story over a year ago Acquisition by Susan Story of tradable shares of Newmont Goldcorp subject to Rule 16b-3 | ||
Viljoen Natascha over a year ago Acquisition by Viljoen Natascha of 150155 shares of Newmont Goldcorp subject to Rule 16b-3 |
Newmont Goldcorp's Outstanding Corporate Bonds
Newmont Goldcorp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Newmont Goldcorp Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Newmont bonds can be classified according to their maturity, which is the date when Newmont Goldcorp Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| NEWMONT MNG P Corp BondUS651639AM86 | View | |
| NEWMONT MNG P Corp BondUS651639AP18 | View | |
| NEM 26 15 JUL 32 Corp BondUS651639AZ99 | View | |
| US651639AV85 Corp BondUS651639AV85 | View | |
| US651639AX42 Corp BondUS651639AX42 | View | |
| US651639AW68 Corp BondUS651639AW68 | View | |
| NEWMONT PORATION Corp BondUS651639AY25 | View |
Understand Newmont Goldcorp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Newmont Goldcorp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | (14.59) | |||
| Mean Deviation | 1.43 | |||
| Coefficient Of Variation | (597.13) | |||
| Standard Deviation | 2.41 | |||
| Variance | 5.8 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (14.60) | |||
| Maximum Drawdown | 17.21 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 1.92 | |||
| Skewness | (3.42) | |||
| Kurtosis | 18.78 |
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | (14.59) | |||
| Mean Deviation | 1.43 | |||
| Coefficient Of Variation | (597.13) | |||
| Standard Deviation | 2.41 | |||
| Variance | 5.8 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (14.60) | |||
| Maximum Drawdown | 17.21 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 1.92 | |||
| Skewness | (3.42) | |||
| Kurtosis | 18.78 |
Consider Newmont Goldcorp's intraday indicators
Newmont Goldcorp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Newmont Goldcorp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 192072.0 | |||
| Daily Balance Of Power | (0.44) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 39.75 | |||
| Day Typical Price | 39.77 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | (0.28) |
Newmont Goldcorp Corporate Filings
F3 | 6th of December 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F4 | 4th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 18th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Newmont Stock media impact
Far too much social signal, news, headlines, and media speculation about Newmont Goldcorp that are available to investors today. That information is available publicly through Newmont media outlets and privately through word of mouth or via Newmont internal channels. However, regardless of the origin, that massive amount of Newmont data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Newmont Goldcorp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Newmont Goldcorp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Newmont Goldcorp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Newmont Goldcorp alpha.
Newmont Goldcorp Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Newmont Goldcorp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Newmont Goldcorp Corporate Directors
| Julio Quintana | Independent Director | Profile | |
| Jane Nelson | Independent Director | Profile | |
| Bruce Brook | Senior Independent Director | Profile | |
| Veronica Hagen | Senior Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newmont Goldcorp Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newmont Goldcorp. If investors know Newmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newmont Goldcorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.039 | Dividend Share 1 | Earnings Share (2.19) | Revenue Per Share 15.331 | Quarterly Revenue Growth 0.847 |
The market value of Newmont Goldcorp Corp is measured differently than its book value, which is the value of Newmont that is recorded on the company's balance sheet. Investors also form their own opinion of Newmont Goldcorp's value that differs from its market value or its book value, called intrinsic value, which is Newmont Goldcorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newmont Goldcorp's market value can be influenced by many factors that don't directly affect Newmont Goldcorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Newmont Goldcorp's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.