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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.

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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%.

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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

Newmont Provides Updated Production & Cost Guidance for FY19

Newmont (NEM) expects production in 2019 to be driven by higher grade production from the Subika Underground project in Africa.

Gold Regains Shine on US-China Trade War Truce

Gold prices jumped on Dec 3 as the U.S. dollar retreated on news of a "ceasefire" in the US-China trade war.

Newmont Achieves Commercial Production at Subika Underground

Newmont's (NEM) Subika Underground project adds an average gold production of 150,000-200,000 ounces per annum starting 2019.

Sanghamitra Saha headshot

Gold Mining ETFs Slide on Dull Earnings

Inside the muted earnings of gold mining companies and its impact on related ETFs.

Newmont (NEM) Q3 Earnings Beat, Revenues Trail Estimates

Lower metal prices and impairment of assets impact Newmont's (NEM) bottom line in Q3. The company has narrowed its full-year attributable gold production view.

Newmont Mining (NEM) Surpasses Q3 Earnings Estimates

Newmont (NEM) delivered earnings and revenue surprises of 50.00% and -3.87%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?

Will High Costs Dent Newmont (NEM) This Earnings Season?

Newmont's (NEM) Q3 results to benefit from investment in growth projects amid higher production costs.

Newmont Mining (NEM) Q3 Earnings Preview: Here's What to Look Out For

Newmont (NEM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

SMART Global, Newmont Mining, Netflix and CSX highlighted as Zacks Bull and Bear of the Day

SMART Global, Newmont Mining, Netflix and CSX highlighted as Zacks Bull and Bear of the Day

Kevin Cook headshot

Bear of the Day: Newmont Mining (NEM)

Gold back above $1200 is encouraging for miners, but the long-term bear market is still in charge

Newmont Mining (NEM) Catches Eye: Stock Jumps 7.1%

Newmont Mining (NEM) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.

Nilanjan Gupta headshot

Barrick, Randgold in $18.3B Merger, To Form Gold-Mining Giant

Barrick Gold's (ABX) latest deal with Randgold to create an industry-leading gold company with the highest concentration of Tier One Gold Assets.

    Gold Mining ETFs Rise on Demand in India: Will This Last?

    Gold mining ETFs have picked up over the past week led by a surge in demand from India and lower trade tensions.

      Newmont Acquires 19.9% Interest in Orosur Mining for $2M

      Newmont (NEM) acquires 19.9% interest in Orosur Mining for investment purposes.

        Tirthankar Chakraborty headshot

        Wall Street's Longest Bull Run Shapes Winners & Losers

        US stock market garners $18 trillion in wealth since the S&P 500 bottomed on Mar 9, 2009, but the gains have been highly uneven, creating winners and losers.

          Barrick Gold Receives Federal Permits & ROD for Donlin Gold

          The recent permits are a milestone for Barrick Gold (ABX) and its partner NovaGold in the development of the Donlin Gold project, one of the largest and high grade undeveloped open pit gold resource.

            Newmont (NEM) Q2 Earnings Beat, Revenues Trail Estimates

            Higher gold prices boost Newmont's (NEM) Q2 earnings. For 2018, the company continues to expect gold production in the range of 4.9-5.4 million ounces.

              Newmont's (NEM) Q2 Earnings Beat, Sales Miss Estimates

              Newmont (NEM) posted adjusted earnings of 26 cents per share for the second quarter, which beat the Zacks Consensus Estimate of 24 cents.

                Newmont Mining (NEM) Beats Q2 Earnings Estimates

                Newmont (NEM) delivered earnings and revenue surprises of 8.33% and -5.28%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?

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

                  Newmont (NEM) is likely to benefit from investment in growth projects amid higher production costs in Q2.

                    Allegheny (ATI) Q2 Earnings: Is Another Beat in the Cards?

                    Allegheny (ATI) expects the FRP unit to capitalize on operational improvements, the A&T Stainless joint venture and growth in differentiated products.

                      Newmont (NEM) Achieves Commercial Production at Twin Creeks

                      Newmont's (NEM) Twin Creeks Underground expansion project will add 30,000-40,000 ounces of gold per annum at all-in sustaining costs of $650-$750 per ounce.

                        Sweta Killa headshot

                        4 Investment Zones in Focus on Trump-Kim Deal, Fed Meeting

                        Given the mixed outcome of the Singapore summit and the upcoming Fed decision, several corners of the equity space are in focus.

                          Newmont Mining (NEM) Down 2% Since Earnings Report: Can It Rebound?

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

                            Should You Invest in the iShares MSCI Global Gold Miners ETF (RING)?

                            Sector ETF report for RING