Newmont Corp (NYSE:NEM) shares traded -4.24% lower at $57.61 on Wall Street last session.
NEM stock price is now 5.39% away from the 50-day moving average and 19.44% away from the 200-day moving average. The market capitalization of the company currently stands at $64.12B.
With the price target maintained at $60.90, Goldman recently Downgraded its rating from Buy to Neutral for Newmont Corp (NYSE: NEM). , while ‘UBS’ rates the stock as ‘Buy’
In other news, Brook Bruce R, Director sold 2,077 shares of the company’s stock on Jul 01 ’25. The stock was sold for $122,024 at an average price of $58.75. Upon completion of the transaction, the Director now directly owns 43,103 shares in the company, valued at $2.48 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 01 ’25, EVP, Chief Sustain & Dev Off Toth Peter sold 3,000 shares of the business’s stock. A total of $176,250 was realized by selling the stock at an average price of $58.75. This leaves the insider owning 74,526 shares of the company worth $4.29 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 $60.31. 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. According to the stock market information, the enterprise value for the company is $68296200192, which is based on a 12.93 price-to-earnings ratio, a 1.38 price-to-earnings-growth ratio, and a beta of 0.31. The fifty day moving average price for NEM is $54.6618 and a two-hundred day moving average price translates $48.2327 for the stock.
The latest earnings results from Newmont Corp (NYSE: NEM) was released for 2025-03-31. 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.
