Newmont Corporation (NEM, Financial) released its first-quarter earnings on April 25. It was a significant quarter because the Newcrest acquisition was finalized on Nov. 6, 2023, so metals production fully reflects the merger's completion. Metal production included only partial production from Newcrest in the fourth quarter of 2023.Most revenues in the first quarter came from gold, but copper and silver also contributed significantly.As a reminder, on Feb. 22, 2023, Newmont announced 2023 mineral reserves f ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Newmont Corporation (NEM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Newmont currently has an average brokerage recommen ...

style-photography Over the last few years, I've discussed the bullish fundamentals for gold that would drive the metal much higher in price (5 Reasons Why Investors Should Have Some Exposure To Gold and Gold: Third Time's The Charm). The fair value of gold in USD is determined by the U.S. money supply. Before the pandemic, M2 - a broad measure of money stock - had increased at an average annual rate of 5-10% in the U.S. As a response to the economic deterioration caused worldwide by the outbreak of COVID-19 ...

文章核心观点 - 公司股价在最新市场收盘时达到41.90美元,较前一交易日下跌1.64%,表现落后于标普500指数0.09%的涨幅 [1] - 过去一个月公司股价上涨1.48%,领先于基础材料板块3.97%的下跌,但低于标普500指数2.83%的涨幅 [2] - 公司预计将在即将到来的财报中报告每股收益0.50美元,同比增长51.52%,营收34.9亿美元,同比增长29.96% [3] - 全年来看,公司预计每股收益2.44美元,营收160.3亿美元,分别同比增长51.55%和35.69% [4] - 分析师对公司业务健康状况和盈利能力持乐观态度,上调了公司的业绩预期 [5][6] 行业和公司概况 - 公司属于基础材料板块中的采矿-综合行业,该行业目前在250多个行业中排名靠后,位于底部20%区间 [10][11] - 公司当前市盈率为17.43倍,高于行业平均水平15.52倍,显示公司股价相对行业处于溢价水平 [8] - 公司目前市盈率增长比率(PEG)为0.36倍,低于行业平均水平2.53倍,表明公司股价相对于预期盈利增长处于较低水平 [9]

Newmont Corporation (NEM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this gold and copper miner have returned +3.8%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Mining - Miscellaneous industry, which Newmont falls in, has lost 7.9%. The key question now is: What could be the stock's future direction? Althoug ...

TORONTO, June 19, 2024 (GLOBE NEWSWIRE) -- White Gold Corp. ((TSX.V: WGO, OTCQX:WHGOF, FRA: 29W)) (the "Company") is pleased to announce plans for its fully funded 2024 exploration program on its district scale 315,000-hectare land package, representing approximately 40% of the emerging White Gold District (the "District") in Yukon, Canada. The Company's district scale land package hosts it flagship White Gold Project comprised of 16 million tonnes averaging 2.23 g/t Au for 1,152,900 ounces of gold in the I ...

The latest trading session saw Newmont Corporation (NEM) ending at $40.65, denoting a -1.57% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.27%. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, added 0.88%. The gold and copper miner's shares have seen a decrease of 2.73% over the last month, not keeping up with the Basic Materials sector's loss of 2.41% and the S&P 500's gain of 2.85%. Analysts and investors alike will be keeping a c ...

Newmont Corporation (NEM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this gold and copper miner have returned -5% over the past month versus the Zacks S&P 500 composite's +3.3% change. The Zacks Mining - Miscellaneous industry, to which Newmont belongs, has lost 1.4% over this period. Now the key question is: Where could the stock be headed in the n ...

Key Takeaways The S&P 500 slipped 0.1% on Friday, June 7, 2024, as a stronger-than-expected jobs report pushed back expectations of interest rate cuts by the Federal Reserve. The spot price of gold fell amid waning rate-cut hopes and data showing a drop in bullion purchases by China last month, pressuring shares of Newmont and other miners. Air Products and Chemicals shares jumped after the company signed a deal to provide green hydrogen to French oil and gas firm TotalEnergies. Major U.S. equities indexes ...

The latest trading session saw Newmont Corporation (NEM) ending at $41.10, denoting a +1.41% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily gain of 1.19%. Meanwhile, the Dow gained 0.25%, and the Nasdaq, a tech-heavy index, added 1.96%. Prior to today's trading, shares of the gold and copper miner had lost 2.2% over the past month. This has lagged the Basic Materials sector's loss of 0.08% and the S&P 500's gain of 3.35% in that time. The investment community ...