- Investing.com
Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals. It has operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. The company was founded in 1916 and is headquartered in Denver, Colorado.
Golden Ambitions | Newmont Corporation, the world's largest gold miner, aims to boost production to 6 million ounces annually by 2028, navigating market skepticism with strategic moves |
Financial Fortitude | Explore Newmont's robust financial health, asset sales success, and commitment to shareholder returns through dividends and buybacks |
Valuation Conundrum | Delve into Newmont's current market discount and the potential for re-rating, with analyst price targets ranging from $63 to $73 |
Risk and Opportunity | Learn about Newmont's challenges in rebuilding investor confidence and the potential upside from rising gold prices, with tactical targets at $3,800/oz |
Metrics to compare | NEM | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipNEMPeersSector | |
|---|---|---|---|---|
P/E Ratio | 20.0x | 30.8x | 2.5x | |
PEG Ratio | 0.17 | 0.32 | 0.00 | |
Price/Book | 4.2x | 3.9x | 1.6x | |
Price / LTM Sales | 6.2x | 6.0x | 1.4x | |
Upside (Analyst Target) | 7.3% | −7.1% | 15.9% | |
Fair Value Upside | Unlock | −14.0% | −3.2% | Unlock |