The stock price of Newmont Corp (NYSE: NEM) has dropped by -1.55 compared to previous close of 55.95. Despite this, the company has seen a gain of 8.13% in its stock price over the last five trading days. seekingalpha.com reported 2025-04-20 that Newmont Corporation (NEM) has surged 48% YTD, mirroring other big gold miners’ shares, driven by rising gold prices amid macroeconomic uncertainty. Despite a projected 14% drop in production in 2025, NEM’s EPS could still see marginal gains due to share buybacks and higher gold prices. NEM’s forward P/E ratios remain below its five-year average, indicating potential for a 25-30% price increase if it reverts to historical multiples.
Is It Worth Investing in Newmont Corp (NYSE: NEM) Right Now?
The price-to-earnings ratio for Newmont Corp (NYSE: NEM) is above average at 18.86x. The 36-month beta value for NEM is also noteworthy at 0.24. There are mixed opinions on the stock, with 9 analysts rating it as a “buy,” 4 rating it as “overweight,” 8 rating it as “hold,” and 0 rating it as “sell.”
The public float for NEM is 1.13B, and at present, short sellers hold a 1.83% of that float. The average trading volume of NEM on April 21, 2025 was 12.06M shares.
NEM’s Market Performance
The stock of Newmont Corp (NEM) has seen a 8.13% increase in the past week, with a 14.77% rise in the past month, and a 32.24% gain in the past quarter. The volatility ratio for the week is 3.17%, and the volatility levels for the past 30 days are at 3.85% for NEM. . The simple moving average for the past 20 days is 11.47% for NEM’s stock, with a 17.90% simple moving average for the past 200 days.
Analysts’ Opinion of NEM
Many brokerage firms have already submitted their reports for NEM stocks, with BMO Capital Markets repeating the rating for NEM by listing it as a “Outperform.” The predicted price for NEM in the upcoming period, according to BMO Capital Markets is $63 based on the research report published on April 16, 2025 of the current year 2025.
Goldman gave a rating of “Buy” to NEM, setting the target price at $47.20 in the report published on January 13th of the current year.
NEM Trading at 17.50% from the 50-Day Moving Average
After a stumble in the market that brought NEM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.20% of loss for the given period.
Volatility was left at 3.85%, however, over the last 30 days, the volatility rate increased by 3.17%, as shares surge +15.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.51% upper at present.
During the last 5 trading sessions, NEM rose by +8.13%, which changed the moving average for the period of 200-days by +32.24% in comparison to the 20-day moving average, which settled at $49.41. In addition, Newmont Corp saw 47.98% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NEM starting from Brook Bruce R, who sale 2,077 shares at the price of $48.46 back on Apr 01 ’25. After this action, Brook Bruce R now owns 45,839 shares of Newmont Corp, valued at $100,651 using the latest closing price.
Toth Peter, the EVP, Chief Sustain & Dev Off of Newmont Corp, sale 3,000 shares at $48.46 during a trade that took place back on Apr 01 ’25, which means that Toth Peter is holding 83,526 shares at $145,380 based on the most recent closing price.
Stock Fundamentals for NEM
Current profitability levels for the company are sitting at:
- 0.31 for the present operating margin
- 0.35 for the gross margin
The net margin for Newmont Corp stands at 0.18. The total capital return value is set at 0.12. Equity return is now at value 11.13, with 5.86 for asset returns.
Based on Newmont Corp (NEM), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.71. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 15.43.
Currently, EBITDA for the company is 7.87 billion with net debt to EBITDA at 0.68. When we switch over and look at the enterprise to sales, we see a ratio of 3.62. The receivables turnover for the company is 17.65for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.63.
Conclusion
In summary, Newmont Corp (NEM) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
