A mining company with hopeSince Gold is dragging every major mining company down this one can be a decent buy in case of a pullback to support, after that i guess it can climb higher assuming if mining stocks gonna stay in good shape
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−1.375 EUR
−2.28 B EUR
10.67 B EUR
1.14 B
About Newmont Corporation
Sector
Industry
CEO
Thomas Palmer
Website
Headquarters
Denver
Founded
1921
FIGI
BBG00L3BRD98
Newmont Corp. engages in the exploration and acquisition of gold properties, containing copper, silver, lead, zinc or other metals. It operates through the following geographical segments: Africa, Australia, Latin America & the Caribbean, North America, and Papua New Guinea. The North America segment consists primarily of Carlin, Phoenix, Twin Creeks and Long Canyon in the state of Nevada and Cripple Creek and Victor in the state of Colorado. The company was founded by William Boyce Thompson on May 2, 1921, and is headquartered in Denver, CO.
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DangerousI know that the momentum is still given and the trend is intact and steady. But I need some short to balance the portfolio and the calculated upward target of this month's rise has been reached. Thus I can imagine a little correction for the last days of the month.
NEWMONT $NEMi expect it to retrace back to anywhere between 47$ and 42$, depending on golds correction move then another leg up should take place to 75$
Newmont (NEM) AnalysisCompany Overview: Newmont NYSE:NEM , as the world’s largest gold miner, is well-positioned to benefit from the ongoing gold bull market. The price of gold is projected to rise to $2,500 per ounce by the end of 2024, creating a significant tailwind for Newmont’s operations.
Key Catalysts:
Gold Pro
Newmont Corp | NEM | Long at $48.00While gold prices have soared recently, gold mining stocks have lagged. Newmont Corp NYSE:NEM , the world's largest gold mining corporation, may be undervalued if the miners take off to catch up to the gold demand/price. Currently sitting near $48.00 and at a historical moving average that it will
I’m liking Newmont MiningNewmont has had funny and endearing management, and a steady mission. The chart is consolidating sideways in a ascending triangle. We’ll see. I predict a breakout of the formation, and a long bullish run equal in height to the length of the consolidation
NEM ASX - breakout weeklyNEM now breaking out hard.
target is $74 AUD.
gold miners have yet to move but spot price of gold has already
started accelerating higher.
Bonds yields are still negative in real terms.
equities are overvalued. BTC is in a bubble. Gold is stability.
US empire wants to initiate more Wars. Chin
Can Newmont Break Resistance?Newmont rallied in March and April. Now, some traders may see potential for a breakout after two months of consolidation.
The first pattern on today’s chart is the May high of $44.59. The gold miner probed the level last week (after unemployment surprised to the upside) and its shares sat near it y
NEM potential buy setupReasons for bullish bias:
- Price is at near weekly support
- Price is at channel support
- Bullish divergence
- Positive earnings results
Entry Level(CMP): 29.80
Stop Loss Level: 28.72
Take Profit Level 1: 33.11
Take Profit Level 2: Open
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N
NCMG4985652
Newcrest Finance Pty Ltd. 4.2% 13-MAY-2050Yield to maturity
5.76%
Maturity date
May 13, 2050
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Frequently Asked Questions
The current price of 4NEM is 39.140 EUR — it has decreased by −3.87% in the past 24 hours. Watch NEWMONT stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on EUROTLX exchange NEWMONT stocks are traded under the ticker 4NEM.
4NEM stock has fallen by −4.07% compared to the previous week, the month change is a −19.08% fall, over the last year NEWMONT has showed a 21.93% increase.
We've gathered analysts' opinions on NEWMONT future price: according to them, 4NEM price has a max estimate of 66.57 EUR and a min estimate of 43.38 EUR. Watch 4NEM chart and read a more detailed NEWMONT stock forecast: see what analysts think of NEWMONT and suggest that you do with its stocks.
4NEM reached its all-time high on Apr 14, 2022 with the price of 77.800 EUR, and its all-time low was 25.600 EUR and was reached on Sep 11, 2018. View more price dynamics on 4NEM chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
4NEM stock is 2.58% volatile and has beta coefficient of 0.91. Track NEWMONT stock price on the chart and check out the list of the most volatile stocks — is NEWMONT there?
Today NEWMONT has the market capitalization of 45.23 B, it has decreased by −0.13% over the last week.
Yes, you can track NEWMONT financials in yearly and quarterly reports right on TradingView.
NEWMONT is going to release the next earnings report on Feb 20, 2025. Keep track of upcoming events with our Earnings Calendar.
4NEM earnings for the last quarter are 0.73 EUR per share, whereas the estimation was 0.77 EUR resulting in a −6.10% surprise. The estimated earnings for the next quarter are 1.01 EUR per share. See more details about NEWMONT earnings.
NEWMONT revenue for the last quarter amounts to 4.14 B EUR, despite the estimated figure of 4.19 B EUR. In the next quarter, revenue is expected to reach 4.83 B EUR.
4NEM net income for the last quarter is 828.09 M EUR, while the quarter before that showed 796.36 M EUR of net income which accounts for 3.98% change. Track more NEWMONT financial stats to get the full picture.
Yes, 4NEM dividends are paid quarterly. The last dividend per share was 0.23 EUR. As of today, Dividend Yield (TTM)% is 2.72%. Tracking NEWMONT dividends might help you take more informed decisions.
As of Nov 13, 2024, the company has 40.20 K employees. See our rating of the largest employees — is NEWMONT on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. NEWMONT EBITDA is 6.34 B EUR, and current EBITDA margin is 36.44%. See more stats in NEWMONT financial statements.
Like other stocks, 4NEM shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade NEWMONT stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So NEWMONT technincal analysis shows the strong sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating NEWMONT stock shows the sell signal. See more of NEWMONT technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.