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Newmont (NEM)

(Real Time Quote from BATS)

$44.76 USD

44.76
4,270,927

+0.28 (0.63%)

Updated Nov 7, 2024 11:10 AM 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.

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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%.

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

Top 7% (17 out of 251)

Industry: Mining - Gold

Zacks News

Sanghamitra Saha headshot

Gold Mining Q1 Earnings Mixed: ETFs Gain on Fundamentals

Gold mining stocks reported mixed-to-upbeat earnings results and benefited these miners' ETFs.

Scotts Miracle-Gro (SMG) Q2 Earnings Top, Sales Lag Estimates

Scotts Miracle-Gro's (SMG) sales in both the U.S. Consumer and Hawthorne rise year over year in Q2.

Domtar's (UFS) Earnings & Revenues Beat Estimates in Q1

Domtar expects lower paper demand in the second quarter, while demand for softwood and fluff pulp will likely be strong.

Methanex (MEOH) Q1 Earnings Beat Estimates, Revenues Down Y/Y

Lower methanol prices dent Methanex's (MEOH) revenues in Q1.

Sanghamitra Saha headshot

Is Fear Stemming From Dividend Cuts Overblown? Stocks to Gain

Not everything is bad in terms of dividend announcement. These companies announced/raised dividends amid COVID-19 pandemic.

Tronox (TROX) Q1 Earnings Beat Estimates, Revenues In Line

Tronox's (TROX) first-quarter TiO2 sales were boosted by contributions from the acquired operations of Cristal.

Kronos Worldwide (KRO) Earnings & Sales Beat Estimates in Q1

Lower sales volumes hurt Kronos Worldwide's (KRO) revenues in the first quarter.

Kinross' (KGC) Q1 Earnings Beat Estimates, Sales Up Y/Y

Kinross' (KGC) attributable gold production declines in the first quarter, but average realized gold prices increase.

Allegheny (ATI) Tops Earnings and Revenue Estimates in Q1

Improved results from the STAL joint venture and higher surcharges on raw materials boost Allegheny's (ATI) AA&S unit margins in Q1.

Wheaton (WPM) Beats on Q1 Earnings, Suspends '20 Guidance

Wheaton (WPM) puts up a stellar top-line performance in Q1 on increased average realized prices of gold equivalent, partly muted by decrease in the number of gold equivalent ounces sold.

Royal Gold's (RGLD) Q3 Earnings Beat, Sales Miss Estimates

Royal Gold's (RGLD) third-quarter fiscal 2020 earnings and revenues improve year over year on solid stream revenues, and higher average gold and silver prices.

Barrick (GOLD) Q1 Earnings In Line With Estimates, Sales Miss

Barrick's (GOLD) attributable gold production declines year over year in the first quarter, but average gold price surges.

Westlake Chemical (WLK) Q1 Earnings Beat Estimates, Sales Lag

Income tax benefit boosts Westlake Chemical's (WLK) bottom line in Q1.

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Is Fear for Dividend Cuts Overblown? ETFs to Benefit

The fear for dividend ETF investing is possibly exaggerated as dividend cuts have been way fewer than hikes in the year-to-date frame.

Albemarle's (ALB) Q1 Earnings Top Estimates, Revenues Lag

Lower sales volumes and pricing hurt Albemarle's (ALB) Lithium segment in Q1.

Chemours (CC) Earnings Beat, Revenues Miss Estimates in Q1

Decline volumes in the Fluoroproducts unit and lower global average prices across all segments hurt Chemours' (CC) Q1 sales.

FMC Corp's (FMC) Q1 Earnings Top Estimates, Revenues Miss

FMC Corp (FMC) saw higher sales across Latin America, North America and EMEA in the first quarter.

Agnico Eagle (AEM) Q1 Earnings Top Estimates, Revenues Up Y/Y

Higher costs at the Meliadine mine and Meadowbank Complex increases Agnico Eagle's (AEM) production costs in Q1.

Newmont's (NEM) Earnings and Sales Miss Estimates in Q1

Higher sustaining capital spending and maintenance costs related to coronavirus pandemic increase Newmont's (NEM) all-in sustaining costs for gold in first-quarter 2020.

Huntsman's (HUN) Earnings and Revenues Top Estimates in Q1

Huntsman (HUN) saw lower sales across its business segments in the first quarter.

Newmont Corporation (NEM) Lags Q1 Earnings and Revenue Estimates

Newmont (NEM) delivered earnings and revenue surprises of -6.98% and -3.78%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

WestRock (WRK) Beats on Q2 Earnings, Scraps '20 Guidance

WestRock's (WRK) Q2 revenues decline on lower selling price across its business segments.

DuPont's (DD) Earnings & Revenues Surpass Estimates in Q1

DuPont (DD) witnessed strength across protective garments, probiotics and food & beverage businesses in Q1.

LyondellBasell's (LYB) Q1 Earnings Beat, Sales Lag Estimates

Lower demand stemming from persistently low automotive demand and the impact of coronavirus hurt LyondellBasell's (LYB) Compounding & Solutions business in Q1.

Eastman Chemical (EMN) Tops Q1 Earnings and Sales Estimates

Higher sales volumes across a number of end-use markets drove Eastman Chemical's (EMN) Q1 results.