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Newmont (NEM)

(Delayed Data from NYSE)

$53.18 USD

53.18
6,718,022

+1.35 (2.60%)

Updated Aug 29, 2024 04:00 PM ET

After-Market: $53.28 +0.10 (0.19%) 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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1-Strong Buy of 5 1        

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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D Value C Growth F Momentum C 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

Gold Mining Stock Outlook - Sept. 2017

Investment in gold bars and coins improved 11% year over year, from exceptionally weak demand last year. China and India were primary catalysts.

    North Korea Missile Strike Propels Gold to Above $1,300

    North Korea fired a ballistic missile over Japan, sending investors scurrying to safe haven asset like gold. Gold prices soared to $1,322 an ounce and gold miners surged in tandem with gold prices.

      Newmont Mining (NEM) Up 6.3% Since Earnings Report: Can It Continue?

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

        Newmont (NEM) Beats Earnings and Revenue Estimates in Q2

        Newmont (NEM) delivered a stellar performance in second-quarter on the back of higher sales volumes, improved cost and productivity actions.

          Newmont (NEM) Q2 Earnings & Revenues Top Estimates

          Newmont (NEM) posted adjusted earnings of 46 cents per share for the second quarter, beating the Zacks Consensus Estimate of 28 cents.

            Why Newmont Mining Corporation (NEM) Might Surprise This Earnings Season

            Newmont Mining Corporation (NEM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP.

              What's in Store for Freeport (FCX) this Earnings Season?

              Lingering challenges in the Indonesia operations and weak copper pricing may weigh on Freeport's (FCX) second-quarter results.

                Newmont (NEM) to Report Q2 Earnings: What's in the Cards?

                Newmont's (NEM) Q2 results to benefit from its cost and efficiency improvement actions and expected higher production at Merian and Long Canyon.

                  Newmont (NEM) Retires Convertible Senior Notes Worth $575M

                  Newmont (NEM) retired $575 million of its 1.625% convertible senior notes due Jul 15, to deleverage its balance sheet.

                    Can Sherwin-Williams (SHW) Spring a Surprise in Q2 Earnings?

                    Can Sherwin-Williams (SHW) surprise investors again in the second quarter on the back of Valspar buyout?

                      Barrick, Novagold to Advance Donlin Project Optimization

                      Barrick Gold (ABX) and Novagold have approved a $8 million drill program geared to further optimize the Donlin Gold project in Alaska.

                        Zacks Industry Outlook Highlights: McClatchy, New York Times, New Media Investment Group, Gannett and E.W. Scripps

                        Zacks Industry Outlook Highlights: McClatchy, New York Times, New Media Investment Group, Gannett and E.W. Scripps

                          The Zacks Analyst Blog Highlights: Barrick Gold, Newmont Mining, McEwen Mining and Klondex Mines

                          The Zacks Analyst Blog Highlights: Barrick Gold, Newmont Mining, McEwen Mining and Klondex Mines

                            The Zacks Analyst Blog Highlights: Barrick Gold, Newmont Mining, McEwen Mining and Klondex Mines

                            The Zacks Analyst Blog Highlights: Barrick Gold, Newmont Mining, McEwen Mining and Klondex Mines

                              Newmont to Invest $109M for 19.9% Stake in Continental Gold

                              Newmont (NEM) has signed an agreement to invest around $109 million for acquiring 19.9% ownership interest in of Continental Gold Inc., supporting the near-term development process of the high grade gold project.

                                Newmont (NEM) Beats on Q1 Earnings, Sales Miss Estimates

                                Newmont Mining Corporation (NEM) posted adjusted earnings of 25 cents per share for the first quarter, beating the Zacks Consensus Estimate of 23 cents.

                                  Mining Stocks' Q1 Earnings Slated on Apr 24: ABX, NEM, SLCA

                                  We peek into three mining companies that are slated to report first-quarter results on Apr 24.

                                    Newmont (NEM) to Report Q1 Earnings: A Beat in the Cards?

                                    Newmont (NEM) is scheduled to report first-quarter 2017 results after the closing bell on Apr 24.

                                      Should You Buy Newmont Mining (NEM) Ahead of Earnings?

                                      Newmont Mining (NEM) looks like an exciting pick for investors as it is poised to beat at earnings season.

                                        Why Is Newmont (NEM) Down 6% Since the 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.

                                          Do Gold Miners Need to Look to Emerging Markets for Growth?

                                          Given the depletion of the conventional mining regions, it is essential for the big players in the gold mining space to invest in highly prospective emerging regions to boost their growth profile.

                                            Newmont Gets Rights to Explore Yukon Gold District

                                            Newmont (NEM) has landed an agreement with Goldstrike to explore and develop a highly prospective gold district in Canada's Yukon Territory.

                                              Newmont's (NEM) Earnings & Revenues Miss Estimates in Q4

                                              Gold mining giant Newmont Mining Corporation (NEM) posted adjusted earnings of 33 cents per share for the fourth quarter, missing the Zacks Consensus Estimate of 39 cents.

                                                Newmont (NEM) to Report Q4 Earnings: What's in the Cards?

                                                Gold miner Newmont Mining Corporation (NEM) is scheduled to report fourth-quarter 2016 results after the closing bell on Feb 21.

                                                  Sanghamitra Saha headshot

                                                  How Will Gold Mining ETFs Fare this Earnings Season?

                                                  There is quite a bit of uncertainty regarding the chances of gold mining companies beating estimates this earnings season. Will this affect gold mining ETFs?