Back to top
more

Newmont (NEM)

(Delayed Data from NYSE)

$53.34 USD

53.34
6,112,885

+0.14 (0.26%)

Updated Oct 4, 2024 04:00 PM ET

After-Market: $53.34 0.00 (0.00%) 7:58 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value B Growth A 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%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 38% (95 out of 251)

Industry: Mining - Gold

Better trading starts here.

Zacks News

Newmont (NEM) Q2 Earnings and Sales Fall Short of Estimates

Newmont (NEM) misses Q2 estimates due to higher costs and lower production but remains optimistic about achieving its gold production targets and cost reduction in the second half of the year.

Newmont Corporation (NEM) Lags Q2 Earnings and Revenue Estimates

Newmont (NEM) delivered earnings and revenue surprises of -15.38% and 6.52%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Newmont (NEM) to Report Q2 Earnings: What's in the Cards?

Newmont (NEM) is likely to have benefited from improved production and lower costs in Q2 amid headwinds from lower gold prices.

Earnings Preview: Cleveland-Cliffs (CLF) Q2 Earnings Expected to Decline

Cleveland-Cliffs (CLF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Newmont Corporation (NEM) Dips More Than Broader Markets: What You Should Know

Newmont Corporation (NEM) closed the most recent trading day at $44.98, moving -1.08% from the previous trading session.

Newmont Corporation (NEM) Earnings Expected to Grow: Should You Buy?

Newmont (NEM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Monday.com and Macy's have been highlighted as Zacks Bull and Bear of the Day

Monday.com and Macy's are part of the Zacks Bull and Bear of the Day article.

Derek Lewis headshot

3 Large-Cap Stocks Seeing Recent Upgrades

Analysts have recently become optimistic surrounding these three stocks, raising their expectations. But are they worth a bet?

Newmont (NEM) Upgraded to Buy: Here's Why

Newmont (NEM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

NEM vs. WPM: Which Stock Should Value Investors Buy Now?

NEM vs. WPM: Which Stock Is the Better Value Option?

Newmont Corporation (NEM) Outpaces Stock Market Gains: What You Should Know

Newmont Corporation (NEM) closed at $43.04 in the latest trading session, marking a +0.89% move from the prior day.

Why Investors Need to Take Advantage of These 2 Basic Materials Stocks Now

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Newmont Corporation (NEM) Stock Sinks As Market Gains: What You Should Know

Newmont Corporation (NEM) closed at $42.46 in the latest trading session, marking a -0.68% move from the prior day.

Nalak Das headshot

5 High-Yielding Stocks to Buy for a Stable Portfolio

We have narrowed our search to five high dividend paying stocks with strong potential for the rest of 2023. These are: CAG, CLX, BAP, KHC and NEM.

Newmont (NEM) Is Considered a Good Investment by Brokers: Is That True?

According to the average brokerage recommendation (ABR), one should invest in Newmont (NEM). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Newmont (NEM) Defers Peru Project to Optimize Portfolio

Newmont (NEM) defers Yanacocha Sulfides project in Peru, prioritizing portfolio optimization and maximizing returns for shareholders.

Newmont Corporation (NEM) Dips More Than Broader Markets: What You Should Know

In the latest trading session, Newmont Corporation (NEM) closed at $43.10, marking a -1.67% move from the previous day.

NEM or WPM: Which Is the Better Value Stock Right Now?

NEM vs. WPM: Which Stock Is the Better Value Option?

Newmont Corporation (NEM) Outpaces Stock Market Gains: What You Should Know

Newmont Corporation (NEM) closed the most recent trading day at $42.04, moving +1.4% from the previous trading session.

Royal Gold (RGLD) Gives Update on Penasquito Operation Halt

Royal Gold (RGLD) provides an update on Newmont halting operations at the Penasquito mine in Mexico.

Newmont Corporation (NEM) Gains But Lags Market: What You Should Know

Newmont Corporation (NEM) closed the most recent trading day at $41.99, moving +0.17% from the previous trading session.

Wall Street Analysts See Newmont (NEM) as a Buy: Should You Invest?

According to the average brokerage recommendation (ABR), one should invest in Newmont (NEM). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Newmont Corporation (NEM) Dips More Than Broader Markets: What You Should Know

In the latest trading session, Newmont Corporation (NEM) closed at $41.92, marking a -0.4% move from the previous day.

Ethan Feller headshot

Central Banks Amass Record-Breaking Gold Reserves: A Golden Opportunity for Investors?

Although there have been complaints from Wall St about gold???s lackluster hedging abilities, the yellow metal has performed quite well over the last five years