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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 35% (89 out of 252)

Industry: Mining - Gold

Better trading starts here.

Zacks News

Anindya Barman headshot

5 Basic Materials Stocks to Buy Despite the Coronavirus Rout

The bloodbath in commodities amid the pandemic has cast a pall over several industries in the Basic Materials space.

Newmont to Ramp Down Yanacocha Amid Virus Restrictions

Newmont's (NEM) gold production from leach pads and management of critical safety and environmental activities to continue at Yanacocha.

Freeport (FCX) Temporarily Halts Operations at Cerro Verde

Freeport (FCX) stated that Cerro Verde has been transitioned provisionally to a care and maintenance status.

Teck Resources' Antamina Mine Open Amid Coronavirus Measures

Teck Resources (TECK) will continue to maintain its critical operations at Antamina mine with lower workforce throughout the 15-day national quarantine period.

Barrick Intends to Make Veladero Gold Mine a Tier One Asset

Barrick (GOLD) aims to extend Veladero mine's life beyond 2030 and elevate it to a Tier One asset.

Methanex Sees Coronavirus to Hurt Demand, Cuts Production

Methanex (MEOH) anticipates methanol demand to be affected in second-quarter 2020 due to COVID-19 outbreak.

Cleveland-Cliffs Successfully Completes AK Steel Buyout

Cleveland-Cliffs (CLF) has two integrated blast furnace steel mills along with a new state-of-the-art HBI facility and two electric arc furnace plants.

Here's Why You Should Invest in Newmont (NEM) Stock Now

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

Zacks.com featured highlights include: TPB, SFM, NEM and ENPH

Zacks.com featured highlights include: TPB, SFM, NEM and ENPH

The Zacks Analyst Blog Highlights: Amazon, IBM, Biogen, Newmont and Berkshire Hathaway

The Zacks Analyst Blog Highlights: Amazon, IBM, Biogen, Newmont and Berkshire Hathaway

Barrick to Spend $1.3 Billion on Pueblo Viejo's Expansion

Barrick's (GOLD) Pueblo Viejo expansion will require an initial investment of $1.3 billion for expansion of the process plant and the tailings facility.

Kronos Worldwide (KRO) Earnings & Sales Miss Estimates in Q4

Lower average selling prices and increased raw materials as well as other production costs hurt Kronos' (KRO) Q4 results.

3 Reasons Growth Investors Will Love Newmont (NEM)

Newmont (NEM) could produce exceptional returns because of its solid growth attributes.

Nilanjan Banerjee headshot

Coronavirus Spreads Panic: 5 Low-Beta Stocks to the Rescue

A portfolio of low-beta stocks can protect your investments from the coronavirus-induced market volatility.

How Newmont (NEM) Stock Stands Out in a Strong Industry

Newmont (NEM) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well

Freeport Issues Operational Update, Aims to Boost Cash Flows

Freeport (FCX) is focused on enhancing performance amid potential economic threats from Coronavirus outbreak, market volatility and turmoil in the global oil market.

Mark Vickery headshot

Top Analyst Reports for Amazon, IBM & Biogen

Today's Research Daily features new research reports on 16 major stocks, including Amazon.com, Inc. (AMZN), International Business Machines Corporation (IBM) and Biogen Inc. (BIIB).

Earnings Estimates Rising for Newmont (NEM): Will It Gain?

Newmont (NEM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Is Newmont Goldcorp (NEM) Stock Outpacing Its Basic Materials Peers This Year?

Is (NEM) Outperforming Other Basic Materials Stocks This Year?

Newmont (NEM) Sells Stake in Continental Gold for $260M

Newmont's (NEM) latest move to divest Continental's stake will support its disciplined approach to capital allocation.

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

Newmont Corporation (NEM) closed the most recent trading day at $52.35, moving +0.52% from the previous trading session.

Newmont (NEM) Announces Pricing of Senior Notes Offering

Newmont's (NEM) subsidiary Newmont USA Limited has guaranteed the notes on a senior unsecured basis.

Why Newmont (NEM) Could Be Positioned for a Surge

Newmont (NEM) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.

Newmont (NEM) in Focus: Stock Moves 6.2% Higher

Newmont (NEM) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

Newmont to Invest in Autonomous Haulage System at Boddington

Once fully operational, Newmont's (NEM) Boddington mine will become the world's first open-pit gold mine with an autonomous haul truck fleet.