In Friday’s Wall Street session, Newmont Corp (NYSE:NEM) shares traded at $50.10, up 0.52% from the previous session.
NEM stock price is now 0.29% away from the 50-day moving average and 5.80% away from the 200-day moving average. The market capitalization of the company currently stands at $55.76B.
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, while ‘Goldman’ rates the stock as ‘Buy’
In other news, Brook Bruce R, Director sold 2,077 shares of the company’s stock on May 01 ’25. The stock was sold for $106,924 at an average price of $51.48. Upon completion of the transaction, the Director now directly owns 47,257 shares in the company, valued at $2.37 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 01 ’25, EVP, Chief Sustain & Dev Off Toth Peter sold 3,000 shares of the business’s stock. A total of $154,440 was realized by selling the stock at an average price of $51.48. This leaves the insider owning 80,526 shares of the company worth $4.03 million. A total of 0.17% of the company’s stock is owned by insiders.
During the past 12 months, Newmont Corp has had a low of $36.86 and a high of $58.72. As of last week, the company has a debt-to-equity ratio of 0.26, a current ratio of 1.98, and a quick ratio of 1.56.
The net profit margin was 25.99% and return on equity was 16.65% for NEM. The company reported revenue of $5.01 billion for the quarter, compared to $4.02 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.53 percent. For the current quarter, analysts expect NEM to generate $4.77B in revenue.
