Back to top
more

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%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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 38% (95 out of 251)

Industry: Mining - Gold

Better trading starts here.

Zacks News

Sociedad Quimica (SQM) Misses Q2 Earnings Estimates, Tops Sales

Sociedad Quimica's (SQM) earnings miss estimates, while sales beat the same in Q2 amid lower average selling prices in lithium and SPN units.

Is Newmont (NEM) a Buy as Wall Street Analysts Look Optimistic?

Based on the average brokerage recommendation (ABR), Newmont (NEM) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Why You Should Add Kronos Worldwide (KRO) to Your Portfolio Now

Kronos Worldwide (KRO) benefits from higher demand for TiO2, increased selling prices and its actions to reduce costs.

AngloGold Ashanti (AU) Hits 52-Week High: What's Aiding It?

AngloGold Ashanti (AU) shares gain on the back of solid first-half 2024 results and the recent rally in gold prices.

Sherwin-Williams (SHW) Rallies 16% in 3 Months: Here's Why

Sherwin-Williams' (SHW) strong Q2 earnings performance, upbeat earnings guidance and the strength in the Paint Stores Group unit instill optimism about the stock.

Eldorado Gold (EGO) Hits 52-Week High: What's Aiding the Stock?

Eldorado Gold (EGO) shares gain on the back of solid second-quarter 2024 results, an upbeat outlook for 2024 and the recent trend in gold prices.

Why You Should Retain DuPont (DD) Stock in Your Portfolio

While DuPont (DD) faces headwinds from demand weakness in certain markets, it gains on its focus on growth through innovation and acquisition as well as productivity actions.

Here's Why You Should Hold Onto Huntsman (HUN) Stock for Now

While Huntsman (HUN) is exposed to challenges from soft demand in specific markets and pricing pressures, it gains on actions to grow its downstream specialty and formulation businesses and synergies of acquisitions.

Flexible Solutions (FSI) Scales 52-week High: What's Driving It?

Flexible Solutions (FSI) is set for growth through 2024, driven by a strong product pipeline and financial results that continue to surpass expectations.

Newmont Corporation (NEM) is Attracting Investor Attention: Here is What You Should Know

Newmont (NEM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Element Solutions (ESI) Gains 12% in 6 Months: What's Driving It?

Element Solutions' (ESI) rally is fueled by robust financial results in Q2 and raised financial guidance for 2024.

Here's Why You Should Hold Onto CF Industries (CF) Stock for Now

While softer nitrogen prices weigh on CF Industries' (CF) sales and margins, it benefits from healthy global demand for nitrogen fertilizers and lower natural gas costs.

Eastman Chemical's (EMN) Shares Gain 14% in 6 Months: Here's Why

Better-than-expected earnings performance in the second quarter and upbeat prospects have contributed to the run-up in Eastman's (EMN) shares.

Hawkins (HWKN) Shares Rally 34% in 3 Months: What's Driving It?

Hawkins (HWKN) showcases strong stock performance fueled by solid earnings, promising growth potential and strategic expansion in the Water Treatment business.

Anindya Barman headshot

Kinross (KGC) Rallies 81% in 6 Months: Time to Buy the Stock?

With a strong pipeline of development projects, solid financial health, rising earnings estimates and a healthy growth trajectory, Kinross (KGC) presents a compelling investment case for those seeking exposure to the gold mining space.

Nilanjan Banerjee headshot

Bet on These 4 Low-Beta Stocks to Combat Market Volatility

It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. Erie Indemnity (ERIE), Sprouts Farmers (SFM), Newmont (NEM) & Calavo (CVGW) are well-poised to gain.

ICL Group's (ICL) Earnings and Revenues Beat Estimates in Q2

ICL Group's (ICL) second-quarter earnings and sales surpass estimates on higher sales across most segments.

Sherwin-Williams (SHW) Scales 52-week High: What's Driving It?

Sherwin-Williams' (SHW) strong Q2 earnings performance, upbeat earnings guidance and the strength in the Paint Stores Group unit instill optimism about the stock.

Why You Should Retain Air Products (APD) Stock in Your Portfolio

While Air Products (APD) faces headwinds from weakness in China, it gains on its investments in high-return industrial gas projects and productivity measures.

Cleveland-Cliffs (CLF) Prices $600M Senior Notes for Stelco Deal

Cleveland-Cliffs (CLF) is raising $600 million through senior notes offering to fund part of its Stelco acquisition and bolster liquidity.

Valvoline's (VVV) Earnings and Revenues Lag Estimates in Q3

Valvoline's (VVV) fiscal third-quarter earnings and sales lag estimates amid higher same-store sales.

Barrick (GOLD) Q2 Earnings and Revenues Surpass Estimates

Barrick's (GOLD) second-quarter earnings and revenues beat estimates on the back of higher gold prices.

Why Newmont Corporation (NEM) is a Top Momentum Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Andrew Rocco headshot

10 Reasons to Buy Gold Stocks in 2024

Volatile global currency markets, geopolitical escalations, and upcoming interest rate cuts are just some of the reasons to be long gold over the next 6-12 months.

ArcelorMittal (MT) Closes Strategic 28% Stake Buy in Vallourec

ArcelorMittal (MT) acquires a 28.4% stake in Vallourec, emphasizing its strategic alignment with growth in clean energy markets and bolstering its investment portfolio.