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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.

74.40
1.96%Today
NEMNewmont Corporation • New York Stock Exchange • Basic Materials
Market Cap
81.72B
Volume
7.94M
52W High
74.52
52W Low
36.86

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

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

P/E Ratio:13.48
EPS:$5.52
Beta:0.32
Avg Volume:11.27M

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.