NEM Stock: Newmont Corporation Stock Price, Analysis & Insights
Get live nem stock price $74.40, comprehensive Newmont Corporation stock analysis, charts, news, and expert forecast. Real-time nem stock data and investment insights.
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 & Insights
Key Investment Highlights
- Market Position: Basic Materials leader with 81.72B market capitalization
- Trading Volume: 7.94M shares traded today
- Price Range: 52-week range of $36.86 - $74.52
- 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 81.72B, the company represents a significant player in its market. The stock is currently trading at $74.40 with a positivedaily change of 1.96%.
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 13.48, beta of 0.32, and 52-week price range from $36.86 to $74.52when 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
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About Basic Materials Sector
The Basic Materials sector includes companies that extract, process, and manufacture raw materials and chemicals used in various industries.