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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%

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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

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

What Makes Barrick (GOLD) an Attractive Investment Option

Debt reduction, strong liquidity and growth projects are among the factors that make Barrick (GOLD) an impressive choice.

B2Gold Achieves Stellar Gold Production on Rising Gold Prices

B2Gold (BTG) continues to expect gold production between 1,000,000 ounces and 1,055,000 ounces for 2020 backed by the better-than-expected performance of its operating mines.

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

Newmont Corporation (NEM) closed at $50.52 in the latest trading session, marking a +1.12% move from the prior day.

What Makes Newmont (NEM) an Attractive Investment Choice

Key growth projects and higher gold prices make Newmont (NEM) an attractive investment choice at the moment.

Franco-Nevada Pulls '20 Guidance on Production Suspension

Franco-Nevada (FNV) revokes current-year GEO sales and energy-revenue guidance on suspension of mining operations amid coronavirus scare.

Sherwin-Williams Poised on Cost Actions & Expansion Moves

Sherwin-Williams (SHW) gains from its focus on growth through expansion of retail operations and cost and productivity improvement initiatives.

Newmont Ramping Down Operations at Penasquito Mine in Mexico

Newmont (NEM) is ensuring that Penasquito is well-positioned to efficiently and safely ramp up operations in a timely manner once the restrictions are lifted.

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

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

First Majestic Revokes '20 Guidance on Coronavirus Concerns

First Majestic Silver (AG) is suspending operations thanks to the restrictions imposed by the Mexican government to combat the spread of the coronavirus.

Here's Why You Should Hold Onto DuPont (DD) Stock for Now

DuPont (DD) gains from cost-control actions and product launches amid headwinds from soft demand and pricing pressure.

Newmont (NEM) Closes Divestment of Red Lake Complex for $375M

Newmont's (NEM) divestment of asset will support its capital allocation priorities.

Pan American Silver Halts Operations on Coronavirus Scare

Pan American Silver (PAAS) suspends mining operations in Mexico, Peru, Argentina and Bolivia responding to coronavirus fears.

Wheaton Withdraws '20 Production Guidance on Coronavirus Scare

Wheaton (WPM) suspends current-year production guidance on ramp down of mining operations amid coronavirus crisis.

Cabot (CBT) Completes Acquisition of SUSN for $115 Million

The integration of Cabot's (CBT) portfolio of energy materials and SUSN is expected to create a business that generates sales of around $50 million.

Why You Should Retain Olin (OLN) Stock in Your Portfolio

Olin (OLN) gains from its IT project investments, actions to improve its cost structure and the Lake City U.S. Army ammunition contract in the Winchester unit.

Here's Why You Should Hold Onto Ingevity (NGVT) Stock Now

Let's find out why specialty chemicals and materials maker Ingevity (NGVT) is worth retaining at the moment.

Teck (TECK) Updates on Q1 Operations, Withdraws '20 Guidance

Teck (TECK) provides operational update for Q1 and withdraws financial guidance for the current year on slowing production amid coronavirus crisis.

Sanghamitra Saha headshot

Forget S&P 500's Worst-Ever Q1: 5 Stocks Not to Fool You in Q2

While the novel coronavirus outbreak ravaged the equity world in Q1, investors can expect these five high potential S&P 500 members to gain in Q2.

What Makes Daqo New Energy (DQ) a Solid Choice Right Now

Let's see why leading polysilicon producer Daqo New Energy (DQ) is a compelling investment option at the moment.

LyondellBasell (LYB) Delays the PO/TBA Project Construction

Considering the current concerns related to the coronavirus pandemic, LyondellBasell (LYB) is limiting non-essential activities.

Cabot (CBT) Withdraws FY20 View Amid Coronavirus Pandemic

Cabot (CBT) expects financial results to be solid for the fiscal second quarter. However, it is withdrawing the previous financial guidance for fiscal 2020.

B2Gold Resumes Masbate Mine Operations in the Philippines

B2Gold (BTG) resumes mining operations at its Masbate Mine in the Philippines. It also states that Fekola Mine in Mali and Otjikoto Mine in Namibia continue to operate as usual.

Wheaton to Grow on Mine Expansions & Higher Gold Prices

Wheaton (WPM) likely to benefit from expansion moves, higher gold prices and strong cash position.

U.S. Steel to Prioritize Cash Flows Amid Coronavirus Pandemic

U.S. Steel (X) to maintain strategic flexibility by prioritizing cash and liquidity.

International Paper to Divest Brazilian Packaging Business

International Paper's (IP) latest divestiture move is in line with its previously-announced strategic review of the packaging business in Brazil.