Newmont Corp [NYSE: NEM] gained 24148756% or 13939941.74 points to close at $13940000.0 with a heavy trading volume of 24148756 shares.
It opened the trading session at $58.025, the shares rose to $59.16 and dropped to $57.97, the range by which the price of stock traded the whole day. The daily chart for NEM points out that the company has recorded 45.28% gains over the past six months.
If we look at the average trading volume of 13.94M shares, NEM reached to a volume of 24148756 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Newmont Corp [NEM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NEM shares is $65.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NEM stock is a recommendation set at 1.81. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BMO Capital Markets have made an estimate for Newmont Corp shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 16, 2025. The new note on the price target was released on April 11, 2025, representing the official price target for Newmont Corp stock. Previously, the target price had yet another raise to $47.20, while Goldman analysts kept a Buy rating on NEM stock.
The Price to Book ratio for the last quarter was 2.09, with the Price to Cash per share for the same quarter was set at 4.24. Price to Free Cash Flow for NEM in the course of the last twelve months was 15.29 with Quick ratio for the last quarter at 1.56.
Trading performance analysis for NEM stock
Newmont Corp [NEM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.13. With this latest performance, NEM shares gained by 11.34% in over the last four-week period, additionally plugging by 45.28% over the last 6 months – not to mention a rise of 56.45% in the past year of trading.
Newmont Corp [NEM]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Newmont Corp [NEM] shares currently have an operating margin of 34.46% and a Gross Margin at 38.16%. Newmont Corp’s Net Margin is presently recorded at 25.99%.
Return on Equity for this stock inclined to 9.03%, with Return on Assets sitting at 9.03%.
Newmont Corp [NEM]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NEM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Newmont Corp go to 7.78%.
An analysis of Institutional ownership at Newmont Corp [NEM]
There are presently around $75.44%, or 75.63%% of NEM stock, in the hands of institutional investors. The top three institutional holders of NEM stocks are: VANGUARD GROUP INC with ownership of 135.01 million shares, which is approximately 11.7095%. BLACKROCK INC., holding 119.25 million shares of the stock with an approximate value of $$4.99 billion in NEM stocks shares; and BLACKROCK INC., currently with $$2.13 billion in NEM stock with ownership which is approximately 4.4161%.
