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Dynamic quotes 
OFFON

NEWMONT CORPORATION

(NEM)
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Newmont Corporation : The upward trend should continue

05/03/2021 | 11:45am EDT
long trade
Target price hit
Entry price : 64.13$ | Target : 66.35$ | Stop-loss : 62.5$ | Potential : 3.46%
The return of higher trading volumes and volatility could reflect theoretically the starting point of the return of a new upward move for shares in Newmont Corporation. The upward movement can be expected to continue.
Investors have an opportunity to buy the stock and target the $ 66.35.
Newmont Corporation : Newmont Corporation : The upward trend should continue
Summary
  • For a short-term investment strategy, the company has poor fundamentals.

Strengths
  • The group's activity appears highly profitable thanks to its outperforming net margins.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock

Weaknesses
  • According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
  • Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
  • Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
  • The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
  • For the last few months, analysts have been revising downwards their earnings forecast.

ę MarketScreener.com 2021

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 2021 13 252 M - -
Net income 2021 2 839 M - -
Net cash 2021 1 214 M - -
P/E ratio 2021 19,2x
Yield 2021 3,29%
Capitalization 54 043 M 54 043 M -
EV / Sales 2021 3,99x
EV / Sales 2022 3,85x
Nbr of Employees 14 300
Free-Float 98,4%
Upcoming event on NEWMONT CORPORATION
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 70,85 $
Last Close Price 67,33 $
Spread / Highest target 26,2%
Spread / Average Target 5,23%
Spread / Lowest Target -33,2%
EPS Revisions
Managers and Directors
NameTitle
Thomas R. Palmer President, Chief Executive Officer & Director
Nancy K. Buese Chief Financial Officer & Executive Vice President
Gregory H. Boyce Independent Chairman
Dean Gehring Chief Technology Officer & Executive VP
Luis Canepari Chief Information Officer & Vice President
Sector and Competitors
1st jan.Capitalization (M$)
NEWMONT CORPORATION12.42%54 043
BARRICK GOLD CORPORATION0.07%42 499
POLYUS-0.54%27 611
WHEATON PRECIOUS METALS CORP.-0.02%19 711
NEWCREST MINING LIMITED6.01%17 494
AGNICO EAGLE MINES LIMITED-1.90%16 828