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Newmont (NEM)

(Real Time Quote from BATS)

$44.74 USD

44.74
6,854,038

+0.26 (0.59%)

Updated Nov 7, 2024 01:50 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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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.

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

B Value A Growth A Momentum A 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 7% (17 out of 251)

Industry: Mining - Gold

Zacks News

Newmont (NEM) Shares Up 35% YTD: What's Driving The Stock?

Newmont's (NEM) focus on key growth projects, disciplined capital allocation strategy as well as higher gold prices are contributing to the rally in its share price.

Here's Why You Should Invest in Agnico Eagle (AEM) Stock Now

Upbeat prospects of key growth projects makes Agnico Eagle (AEM) a compelling choice.

Univar to Distribute Valio's Eila Lactose-Free Milk Powders

The distribution deal enables Univar (UNVR) to cater to the needs of producers, who are seeking an increasing quantity of lactose-free solutions.

Dow (DOW) Introduces PCR Plastic Resin in Asia Pacific Region

The new offering is part of Dow's (DOW) comprehensive strategy to develop a circular plastics economy by focusing on incorporating recycled content into product offerings.

Teck Restarts Antamina Mine Operations With Lower Workforce

Teck (TECK) resumes Antamina mine operations with reduced workforce after being shut on the Peruvian Government's restrictions in the wake of the coronavirus pandemic.

Eastman Chemical Gains on Cost Actions Amid Weak Demand

Eastman Chemical's (EMN) aggressive cost management actions and its high-margin innovation products are expected to contribute to its earnings amid a soft demand environment.

Barrick (GOLD) Stock Up 29% YTD: What's Behind The Rally?

Higher gold prices have contributed to the run-up in Barrick's (GOLD) shares.

What Makes Scotts Miracle-Gro an Attractive Investment Option

Upbeat fiscal 2020 view and bright Hawthorne prospects make Scotts Miracle-Gro (SMG) an attractive option now.

LyondellBasell Grants Hostalen ACP Licenses to Sinopec Hainan

With the latest capacity additions, LyondellBasell (LYB) provides license to more than 8500 KTA of benchmark multi-modal HDPE resins.

U.S. Steel Declares Pricing of Senior Secured Notes Due 2025

U.S. Steel (X) to use the net proceeds to boost liquidity, strengthen the balance sheet and for general corporate purposes.

Domtar Rides on Softwood & Fluff Pulp Demand Amid Cost Woes

Domtar (UFS) is well poised to benefit from upbeat momentum in the softwood and fluff pulp markets and cost savings, despite bleak paper demand and raw-material inflation.

Sweta Killa headshot

Is iShares MSCI USA Equal Weighted ETF (EUSA) a Strong ETF Right Now?

Smart Beta ETF report for EUSA

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S&P Reclaims 3,000: Buy 6 Stocks With More Than 25% Growth

In the latest market rally driven by hopes surrounding potential coronavirus vaccines and reopening of the economy, the S&P 500 reclaimed its 3,000 level and is poised to rise further.

Why You Should Retain FMC Corp (FMC) Stock in Your Portfolio

FMC Corp (FMC) gains on healthy demand for its products and new product launches.

Barrick (GOLD) Resumes Gold Concentrate Shipments from Tanzania

Since acquiring North Mara, Barrick (GOLD) is focused on improving the mine's water management with special importance on its tailings storage facility.

National Steel (SID) Posts Narrower-Than-Expected Loss in Q1

National Steel's (SID) Q1 top line declines on heavy rainfall and delay in new mining fronts.

Kinross Unionized Workers' Strike at Tasiast Mine Suspended

The shutdown of Kinross' (KGC) Tasiast mine is not anticipated to have a material impact on the production in 2020 or the development of the 24k expansion.

Celanese Increases Price of Acetyl Intermediates in China

Celanese's (CE) latest price increase is incremental to any previously announced hikes.

Why You Should Keep Air Products (APD) in Your Portfolio

Air Products (APD) gains from investments in high-return projects and productivity initiatives.

Air Products (APD) Inks Agreement to Invest $2B in Indonesia

Air Products (APD) expects the facility to produce approximately two million tons of methanol per year.

Wheaton (WPM) Hits 52-Week High: What's Driving the Rally?

Focus on mine expansions and higher gold prices driving Wheaton's (WPM) share-price rally.

Newmont Issues Revised 2020 Outlook, Reaffirms Long-term View

For 2020, Newmont (NEM) now projects attributable gold production to be nearly 6 million ounces compared with 6.4 million ounces expected earlier.

Why You Should Hold Onto Eastman Chemical (EMN) Stock for Now

Eastman Chemical (EMN) benefits from cost control actions and innovation amid a difficult demand environment.

U.S. Steel (X) Inks Iron Ore Agreement With Algoma Steel

The deal provides a new long-term iron ore customer to U.S. Steel's (X) Minnesota mines along with incremental volumes.