NEWMONT CORPORATION REGISTERED (NEM)
Share Price Analysis and Chart

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NEM - NEWMONT CORPORATION REGISTERED

FNArena Sector : Gold & Silver
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: 2.17
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$64.75

29 Apr
2024

-0.950

OPEN

$64.96

-1.45%

HIGH

$65.00

965,960

LOW

$64.08

TARGET
$72.667

+1.00 change from previous day

 12.2% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
A1M . ADT . ALK . AMI . BC8 . BEZ . BGL . CAI . CEL . CMM . CNB . CVV . CYL . DEG . EMR . EVN . EVR . FFM . FFM . FND . GMD . GOR . GPR . HGO . IGO . KCN . KGL . MAU . MEI . MZZ . NST . NVA . OBM . ORR . PDI . PNR . PRU . RED . RMS . RRL . RSG . RXL . RXM . SBM . SLR . SPR . SSR . STM . STN . SVL . TBR . TIE . TTM . WAF . WGX .
FNARENA'S MARKET CONSENSUS FORECASTS
NEM: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 294.7 xxx
DPS (cps) 198.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 22.0 xxx
Dividend Yield 3.1% xxx
Div Pay Ratio(%) 67.2% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 11.49%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.90

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 04/03 - ex-div 26.68c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-451.6
DPS All xxxxxxxxxxxxxxx59.4
Sales/Revenue xxxxxxxxxxxxxxx17,739.7 M
Book Value Per Share xxxxxxxxxxxxxxx3,692.7
Net Operating Cash Flow xxxxxxxxxxxxxxx4,162.6 M
Net Profit Margin xxxxxxxxxxxxxxx-21.41 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-10.69 %
Return on Invested Capital xxxxxxxxxxxxxxx-8.34 %
Return on Assets xxxxxxxxxxxxxxx-5.50 %
Return on Equity xxxxxxxxxxxxxxx-10.69 %
Return on Total Capital xxxxxxxxxxxxxxx2.07 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-1,985.6 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx3,020 M
Long Term Debt xxxxxxxxxxxxxxx10,984 M
Total Debt xxxxxxxxxxxxxxx14,005 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx4,449 M
Price To Book Value xxxxxxxxxxxxxxx1.64

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx4,016.5 M
Capex % of Sales xxxxxxxxxxxxxxx22.64 %
Cost of Goods Sold xxxxxxxxxxxxxxx15,977 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx783 M
Research & Development xxxxxxxxxxxxxxx301 M
Investments - Total xxxxxxxxxxxxxxx6,850 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.6

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

04/04/2024

1

Initiation of coverage with Buy

$69.00

6.56%

Citi has initiated coverage of the ASX-listed Newmont Corp CDI with a Buy rating and $69 price target, which is a direct translation of the US$45 target for the shares listed in homeland USA.

Newmont Corp is nowadays the owner of former ASX-listed Newcrest Mining.

The positive rating is supported by a positive view on the direction of the price of gold bullion, expected to hit US$2300/oz in the second half of 2024.

The key question, Citi acknowledges, is whether management at the gold producer will be able to deliver on its strategies and promises.

To outperform gold, Newmont needs to both meet guidance and grow free cash flow per share. The broker is more confident about the latter.

FORECAST
Citi forecasts a full year FY24 dividend of 152.30 cents and EPS of 350.29 cents.
Citi forecasts a full year FY25 dividend of 152.30 cents and EPS of 385.32 cents.

UBS

xx/xx/xxxx

3

xxxxxxx

-

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >

NEM STOCK CHART

FNArena News on NEM

1
Rudi’s View: A Market Narrative Delayed

Apr 24 2024 - Rudi's View
2
ESG Focus: Counting Psychosocial Costs On ASX

Apr 22 2024 - ESG Focus
3
Next Week At A Glance – 22-26 Apr 2024

Apr 19 2024 - Weekly Reports
4
Material Matters: Gold, Gold Stocks & Rare Earths

Apr 18 2024 - Commodities
5
Rudi’s View: Shaky Sentiment Ahead Of Corporate Updates

Apr 17 2024 - Rudi's View

Latest Gold & Silver News

1
The 2024 Gold Enigma

Apr 11 2024 - Commodities
2
Strong Break-Out For Regis Resources

Apr 09 2024 - Technicals
3
Rudi’s View: Facts & Fiction About Gold

Mar 27 2024 - Rudi's View
4
Gold: Up, Up, Up

Mar 08 2024 - Technicals
5
Gold: Longer Term Bullish

Dec 14 2023 - Technicals
6
They Say You Want An Evolution

Dec 05 2023 - Technicals
7
Northern Star: All About KCGM

Nov 15 2023 - Australia
8
Material Matters: Gold, Iron Ore & Met Coal

Sep 19 2023 - Commodities
9
Australian Gold Miners: Positive Signs

Aug 30 2023 - Technicals
10
Gold: Major Low Locked In

Jul 20 2023 - Technicals