Newmont Corp (NYSE: NEM): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

NEM belongs to the Basic Materials sector of the NYSE while operating in the Gold industry. The current market capitalization of Newmont Corp is $52.98B. A total of 9.88 million shares were traded on the day, compared to an average of 9.62M shares.

In the most recent transaction, Toth Peter sold 3,000 shares of NEM for 42.89 per share on Feb 03 ’25. After the transaction, the EVP & CDO now owns 79,596 company shares. In a previous transaction on Feb 03 ’25, Viljoen Natascha sold 9,000 shares at 42.89 per share. NEM shares that EVP & COO owns now total 136,967.

Among the insiders who sold shares, Brook Bruce R disposed of 2,077 shares on Feb 03 ’25 at a per-share price of $42.89. This resulted in the Director holding 49,993 shares of NEM after the transaction. In another insider transaction, Viljoen Natascha bought 9,000 shares at $42.89 per share on Feb 03 ’25.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. NEM’s most recent ex-dividend date was 2.03% when it declared a $0.25 quarterly dividend that was paid in cash on 11/27/2024. Previously, the company paid the dividend on 9/5/2024 with an ex-dividend date of 2.19%. The NEM stock dividend was $0.25 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, NEM has a high of $58.72 and a low of $29.42.

As of this writing, NEM has an earnings estimate of $1.05 per share for the current quarter. EPS was calculated based on a consensus of 10.0 estimates, with a high estimate of $1.22 per share and a lower estimate of $0.83.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. NEM’s latest balance sheet shows that the firm has $5.07B in Cash & Short Term Investments as of fiscal 2021. There were $6.30B in debt and $2.65B in liabilities at the time. Its Book Value Per Share was $25.81, while its Total Shareholder’s Equity was $21.86B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NEM is Buy with a score of 4.06.

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