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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%) 9:14 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

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Zacks News

3 Reasons Growth Investors Will Love Newmont (NEM)

by Zacks Equity Research

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

by Nilanjan Banerjee

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Mark Vickery

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?

by Zacks Equity Research

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?

by Zacks Equity Research

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

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

Newmont's (NEM) Q4 Earnings Surpass Estimates, Sales Miss

by Zacks Equity Research

Newmont's (NEM) fourth-quarter results gain from increased production from the acquired Goldcorp assets and higher realized gold prices.

Newmont (NEM) to Post Q4 Earnings: What's in the Offing?

by Zacks Equity Research

Benefits from higher grades and increased gold prices are likely to get reflected in Newmont's (NEM) Q4 performance.

Newmont (NEM) Shares Up 13% in 3 Months: What's Driving It?

by Zacks Equity Research

Dividend hike, disciplined capital allocation strategy and healthy prospects are driving Newmont's (NEM) shares.

Newmont (NEM) Unveils Plan to Hike Annual Dividend by 79%

by Zacks Equity Research

Newmont's (NEM) latest quarterly dividend hike is effective upon the approval and declaration of its first-quarter dividend in April 2020.

Newmont Closes KGCM Stake Sale, Cuts 2020 Production View

by Zacks Equity Research

For 2020, Newmont (NEM) expects attributable gold production to be 6.4 million ounces.

Newmont Goldcorp Hits New 52-Week High: What's Driving It?

by Zacks Equity Research

Healthy growth prospects, disciplined capital allocation strategy and synergies from the merger with Goldcorp are driving Newmont Goldcorp's (NEM) shares.

Madhurima Das headshot

5 Gold Mining Stocks Set to Keep Winning Streak Alive in 2020

by Madhurima Das

We suggest five gold mining stocks that outperformed the S&P 500 so far this year and are poised well to outperform in the next, backed by upbeat growth estimates and solid Zacks Rank.

Newmont Goldcorp to Divest Stake in KCGM to Northern Star

by Zacks Equity Research

Per the terms of the deal, Newmont Goldcorp (NEM) will receive $800 million in cash for its stake in KCGM.

Madhurima Das headshot

Gold Mining Stocks' Near-Term Prospects Shine Bright

by Madhurima Das

Uncertainties related to the United States-China trade war, geopolitical tensions and lower interest rates continue to support the yellow metal's prices, which bodes well for the gold-mining industry.

Newmont (NEM) Up 3.9% Since Last Earnings Report: Can It Continue?

by Zacks Equity Research

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

Nilanjan Gupta headshot

5 Gold Stocks to Add Glitter to Your Portfolio in December

by Nilanjan Gupta

Uncertainties related to the United States-China trade talks, global economic slowdown and downbeat view for key sectors are triggering demand for gold.

Newmont Goldcorp Announces Stock Repurchase Plan Worth $1B

by Zacks Equity Research

Newmont Goldcorp's (NEM) latest move is in line with its disciplined capital allocation priorities.