Newmont Corp (NYSE:NEM) shares traded -2.05% lower at $52.96 on Wall Street last session.
NEM stock price is now 10.31% away from the 50-day moving average and 12.53% away from the 200-day moving average. The market capitalization of the company currently stands at $58.94B.
, while ‘Goldman’ rates the stock as ‘Buy’
In other news, Brook Bruce R, Director sold 2,077 shares of the company’s stock on Apr 01 ’25. The stock was sold for $100,651 at an average price of $48.46. Upon completion of the transaction, the Director now directly owns 45,839 shares in the company, valued at $2.43 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01 ’25, EVP, Chief Sustain & Dev Off Toth Peter sold 3,000 shares of the business’s stock. A total of $145,380 was realized by selling the stock at an average price of $48.46. This leaves the insider owning 83,526 shares of the company worth $4.42 million. A total of 0.11% 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. According to the stock market information, the enterprise value for the company is $62397317120, which is based on a 11.89 price-to-earnings ratio, a 1.67 price-to-earnings-growth ratio, and a beta of 0.31. The fifty day moving average price for NEM is $48.012 and a two-hundred day moving average price translates $47.06335 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.
