Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Newmont Corporation    NEM

NEWMONT CORPORATION

(NEM)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Newmont Corporation : The trend should continue

share with twitter share with LinkedIn share with facebook
07/29/2020 | 12:13pm EDT
long trade
Stop-loss triggered
Entry price : 67.625$ | Target : 79.7$ | Stop-loss : 61.55$ | Potential : 17.86%
A strong break-out to the upside has recently been seen in Newmont Corporation. The current technical chart pattern could allow for a continuation of the upward dynamic.
Investors have an opportunity to buy the stock and target the $ 79.7.
Newmont Corporation : Newmont Corporation : The trend should continue
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

Strengths
  • Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
  • Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
  • For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
  • For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
  • Analysts covering this company mostly recommend stock overweighting or purchase.
  • The tendency within the weekly time frame is positive above the technical support level at 49.44 USD

Weaknesses
  • The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
  • Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
  • The company's earnings releases usually do not meet expectations.
  • The company's enterprise value to sales, at 4.8 times its current sales, is high.
  • The company is not the most generous with respect to shareholders' compensation.

share with twitter share with LinkedIn share with facebook

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2020 11 588 M - -
Net income 2020 2 516 M - -
Net Debt 2020 1 045 M - -
P/E ratio 2020 22,2x
Yield 2020 1,50%
Capitalization 50 460 M 50 460 M -
EV / Sales 2020 4,44x
EV / Sales 2021 3,48x
Nbr of Employees 16 600
Free-Float 99,2%
Upcoming event on NEWMONT CORPORATION
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 75,72 $
Last Close Price 62,77 $
Spread / Highest target 48,2%
Spread / Average Target 20,6%
Spread / Lowest Target -37,9%
EPS Revisions
Managers
NameTitle
Thomas R. Palmer President, Chief Executive Officer & Director
Noreen Doyle Independent Non-Executive Chairman
Rob Atkinson Chief Operating Officer & Executive Vice President
Nancy K. Buese Chief Financial Officer & Executive Vice President
Dean Gehring Chief Technology Officer & Executive VP
Sector and Competitors
1st jan.Capitalization (M$)
NEWMONT CORPORATION44.46%49 945
BARRICK GOLD CORPORATION54.02%49 359
POLYUS131.14%27 666
WHEATON PRECIOUS METALS CORP.67.24%21 650
AGNICO EAGLE MINES LIMITED26.83%18 922
NEWCREST MINING LIMITED5.06%18 389