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Newmont (NEM)

(Delayed Data from NYSE)

$44.48 USD

44.48
18,583,665

-1.52 (-3.30%)

Updated Nov 6, 2024 04:00 PM ET

Pre-Market: $44.79 +0.31 (0.70%) 9:18 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.

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

B2Gold to Temporarily Suspend Masbate Mine in the Philippines

B2Gold (BTG) suspends mining at Masbate mine in the Philippines owing to temporary shortage of fuel thanks to new regulations imposed by the Philippine Government.

U.S. Steel Expects Strong Shipments to Aid Flat-Rolled in Q1

U.S. Steel (X) is focused on preserving liquidity and cash amid the current market volatility.

Why Is Newmont (NEM) Down 15.7% Since Last Earnings Report?

Newmont (NEM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Vale to Continue to Operate Malaysia Iron Ore Terminal

Vale S.A (VALE) states that it will continue to operate Malaysia-based Teluk Rubiah Maritime Terminal, which shipped 23.7 Mt of iron ore in 2019.

Commercial Metals' (CMC) Q2 Earnings Trump Estimates, Up Y/Y

Commercial Metals (CMC) puts up a stellar show in Q2 driven by robust construction market demand in the United States and Poland.

Nucor Issues Q1 View, Expects Steel Mills Earnings to Improve

Nucor (NUE) expects earnings in the steel mills unit to sequentially increase in Q1 on the back of increased volumes and higher average selling prices.

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

In the latest trading session, Newmont Corporation (NEM) closed at $41.74, marking a +0.41% move from the previous day.

The Zacks Analyst Blog Highlights: Franco-Nevada, Kirkland Lake Gold, Newmont, Daqo New Energy and Gerdau

The Zacks Analyst Blog Highlights: Franco-Nevada, Kirkland Lake Gold, Newmont, Daqo New Energy and Gerdau

Vale May Idle Malaysia Iron Ore Terminal, Q1 Sales Impact Likely

Vale S.A (VALE) considers temporary closure of its Malaysian terminal and distribution center in the wake of the coronavirus outbreak.

Newmont (NEM) Closes Offering of $1B Senior Notes Due 2030

Newmont (NEM) intends to use the low-cost capital raised to partly refinance outstanding notes slated to mature in 2022 and 2023.

Madhurima Das headshot

Miners Suspend or Slow Operations as Coronavirus Panic Spreads

Mining companies across the globe announce production halts and project construction suspensions amid the coronavirus outbreak.

Steel Dynamics Issues Q1 View, Higher Shipments to Aid Margins

Higher shipments across the platform, especially long products steel group, are expected to support Steel Dynamics' (STLD) Q1 earnings.

Teck Halts QB2 Project Expansion in Chile on Coronavirus Fears

Teck (TECK) suspends QB2 construction in order to reduce the spread of COVID-19.

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.