NEM Stock: Newmont Corporation Stock Price, Analysis & Insights
Get live nem stock price $81.63, comprehensive Newmont Corporation stock analysis, charts, news, and expert forecast. Real-time nem stock data and investment insights.
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Company Overview
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2021, it had proven and probable gold reserves of 92.8 million ounces and land position of 62,800 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.
Company Information
- CEO
- Thomas Ronald Palmer
- Sector
- Basic Materials
- Industry
- Gold
- Employees
- 22200
Contact Information
- Website
- https://www.newmont.com
- Address
- 6900 East Layton Avenue
- Country
- US
Investment Analysis & Business Insights
Investment Highlights
✓ Strong presence in the Basic Materials sector with established market position
✓ Valuation metrics suggest potential value opportunity (P/E: 12.7)
✓ Lower volatility stock (Beta: 0.44) may provide portfolio stability
Business Model & Strategy
Newmont Corporation operates in the Gold industry, focusing on raw material extraction, processing, and manufacturing. As a mid-cap company, Newmont Corporation benefits from scale advantages, market presence, and established operations. Under the leadership of CEO Thomas Ronald Palmer, the company navigates Basic Materials sector dynamics while pursuing growth opportunities. The Gold model requires supply chain management, cost control, and resource access to maintain competitiveness and drive shareholder value.
Market Position & Competitive Landscape
Newmont Corporation competes in the Gold within the broader Basic Materials. With 89.1 billion in market capitalization, the company is positioned as a established player in its sector. The Basic Materials is characterized by global demand cycles, supply constraints, and environmental regulations. As a publicly traded company on the New York Stock Exchange, Newmont Corporation provides investors with liquidity and transparency while subject to regulatory oversight. Investors evaluating Newmont Corporation should consider industry-specific trends, competitive positioning, and Basic Materials sector fundamentals.
Important Investment Considerations
- ⚠All investments carry risk, including potential loss of principal for Newmont Corporation shareholders
- ⚠Market volatility can significantly impact stock price, especially for mid-cap stocks
- ⚠Sector-specific risks in Basic Materials may affect company performance
- ⚠Past performance does not guarantee future results for Newmont Corporation
- ⚠Investors should consider how Newmont Corporation fits within their overall portfolio allocation
- ⚠Valuation metrics suggest potential, but require fundamental analysis
Market Cap
89.08B
P/E Ratio
12.70
Beta
0.44
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Basic Materials leader with 89.08B market capitalization
- Trading Volume: 6.71M shares traded today
- Price Range: 52-week range of $36.86 - $98.58
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Newmont Corporation
Newmont Corporation (NEM) operates in the Gold industry within the Basic Materials sector. With a current market capitalization of 89.08B, the company represents a significant player in its market. The stock is currently trading at $81.63 with a positivedaily change of 3.46%.
The company's 22200 employee base and presence on the New York Stock Exchangeexchange position it as a Basic Materials sector leader. Investors should consider the stock's P/E ratio of 12.70, beta of 0.44, and 52-week price range from $36.86 to $98.58when evaluating investment opportunities.
Why Invest in Newmont Corporation?
Strengths
- • Established market presence in Basic Materials
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Thomas Ronald Palmer
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Basic Materials Stocks
About Basic Materials Sector
The Basic Materials sector includes companies that extract, process, and manufacture raw materials and chemicals used in various industries.