In yesterday’s Wall Street session, Newmont Corp (NYSE:NEM) shares traded at $39.10, down -0.08% from the previous session.
NEM stock price is now -5.37% away from the 50-day moving average and -13.19% away from the 200-day moving average. The market capitalization of the company currently stands at $44.51B.
, while ‘UBS’ rates the stock as ‘Neutral’
In other news, Brook Bruce R, Director bought 2,077 shares of the company’s stock on Jan 10 ’25. The stock was bought for $83,080 at an average price of $40.00. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 10 ’25, Officer Viljoen Natascha bought 9,000 shares of the business’s stock. A total of $360,000 was incurred on buying the stock at an average price of $40.00. A total of 0.12% of the company’s stock is owned by insiders.
During the past 12 months, Newmont Corp has had a low of $29.42 and a high of $58.72. As of last week, the company has a debt-to-equity ratio of 0.31, a current ratio of 1.96, and a quick ratio of 1.62. The fifty day moving average price for NEM is $41.32 and a two-hundred day moving average price translates $45.04295 for the stock.
The latest earnings results from Newmont Corp (NYSE: NEM) was released for 2024-09-30. The net profit margin was -7.18% and return on equity was -5.22% for NEM. The company reported revenue of $4.61 billion for the quarter, compared to $2.49 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 84.72 percent.
