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Newmont (NEM)

(Real Time Quote from BATS)

$45.78 USD

45.78
8,408,875

-1.92 (-4.03%)

Updated Jul 25, 2024 02:47 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value B Growth D Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 26% (185 out of 250)

Industry: Mining - Miscellaneous

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Balance Sheet

Research for NEM

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Newmont Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 3,025 3,757 5,074 5,830 2,480
Receivables 1,227 366 337 449 373
Notes Receivable 0 0 0 0 0
Inventories 1,663 979 930 963 1,014
Other Current Assets 1,597 1,413 1,355 1,263 2,405
Total Current Assets 7,512 6,515 7,696 8,505 6,272
Net Property & Equipment 37,563 24,073 24,124 24,281 25,276
Investments & Advances 4,143 3,278 3,243 3,197 3,199
Other Non-Current Assets 1,935 1,716 1,775 1,705 1,484
Deferred Charges 268 173 269 337 549
Intangibles 3,001 1,971 2,771 2,771 2,674
Deposits & Other Assets 1,084 756 686 573 520
Total Assets 55,506 38,482 40,564 41,369 39,974
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 960 633 518 493 539
Current Portion Long-Term Debt 1,923 0 87 551 0
Current Portion Capital Leases 114 96 106 106 100
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 88 199 384 657 162
Other Current Liabilities 2,913 1,998 1,559 1,562 1,584
Total Current Liabilities 5,998 2,926 2,654 3,369 2,385
Mortgages 0 0 0 0 0
Deferred Taxes/Income 2,987 1,809 2,144 2,073 2,407
Convertible Debt 0 0 0 0 0
Long-Term Debt 6,951 5,571 5,565 5,480 6,138
Non-Current Capital Leases 448 465 544 565 596
Other Non-Current Liabilities 9,917 8,178 7,796 6,003 6,031
Minority Interest (Liabilities) 0 0 48 34 47
Total Liabilities 26,301 18,949 18,751 17,524 17,604
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1,854 1,279 1,276 1,287 1,298
Capital Surplus 30,419 17,369 17,981 18,103 18,216
Retained Earnings -2,996 916 3,098 4,002 2,291
Other Equity 192 208 -342 621 685
Treasury Stock 264 239 200 168 120
Total Shareholder's Equity 29,205 19,533 21,813 23,845 22,370
Total Liabilities & Shareholder's Equity 55,506 38,482 40,564 41,369 39,974
Total Common Equity 29,205 19,533 21,813 23,845 22,370
Shares Outstanding 1,152.00 793.70 797.40 803.30 808.00
Book Value Per Share 25.35 24.61 27.36 29.68 27.69

Fiscal Year End for Newmont Corporation falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents -99,999 2,473 3,025 3,214 3,238
Receivables NA 782 1,227 78 185
Notes Receivable NA 0 0 0 0
Inventories NA 1,385 1,663 1,127 1,111
Other Current Assets NA 7,166 1,597 1,536 1,600
Total Current Assets NA 11,806 7,512 5,955 6,134
Net Property & Equipment NA 33,564 37,563 24,474 24,284
Investments & Advances NA 4,550 4,143 3,133 3,172
Other Non-Current Assets NA 1,837 1,935 1,740 1,737
Deferred Charges NA 210 268 138 166
Intangibles NA 2,792 3,001 1,971 1,971
Deposits & Other Assets NA 576 1,084 673 669
Total Assets NA 55,335 55,506 38,084 38,133
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 698 960 651 565
Current Portion Long-Term Debt NA 0 1,923 0 0
Current Portion Capital Leases NA 99 114 94 96
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 136 88 143 155
Other Current Liabilities NA 4,549 2,913 1,920 1,877
Total Current Liabilities NA 5,482 5,998 2,808 2,693
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 3,094 2,987 1,696 1,795
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 8,933 6,951 5,575 5,574
Non-Current Capital Leases NA 436 448 418 441
Other Non-Current Liabilities NA 9,917 8,327 8,215
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 26,260 26,301 18,824 18,718
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 1,855 1,854 1,281 1,281
Capital Surplus NA 30,436 30,419 17,425 17,407
Retained Earnings NA -3,111 -2,996 623 785
Other Equity NA 169 192 194 203
Treasury Stock NA 274 264 263 261
Total Shareholder's Equity NA 29,075 29,205 19,260 19,415
Total Liabilities & Shareholder's Equity NA 55,335 55,506 38,084 38,133
Total Common Equity 0 29,075 29,205 19,260 19,415
Shares Outstanding 1,153.10 1,153.10 1,152.00 794.80 794.70
Book Value Per Share 0.00 25.21 25.35 24.23 24.43