NEWMONT CORPORATION REGISTERED (NEM)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

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

$62.95

02 Dec
2024

-2.140

OPEN

$64.37

-3.29%

HIGH

$64.37

403,398

LOW

$62.95

TARGET
$84.833 34.8% upside
OTHER COMPANIES IN THE SAME SECTOR
A1M . AAM . ADT . ALK . AMI . ASL . BC8 . BEZ . BGL . BTR . CAI . CEL . CMM . CNB . CVV . CYL . DEG . EMR . EVN . EVR . FFM . FFM . FND . GMD . GOR . GPR . HGO . IGO . KCN . KGL . MAU . MEI . NST . NVA . OBM . PDI . PNR . PRU . RMS . RRL . RSG . RXL . SBM . SMI . SPR . SSR . STM . STN . SVL . TBR . TCG . TRE . TTM . VAU . WAF . WGX .
FNARENA'S MARKET CONSENSUS FORECASTS
NEM: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 441.2 xxx
DPS (cps) 150.9 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 14.2 xxx
Dividend Yield 2.4% xxx
Div Pay Ratio(%) 34.2% 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 :

 0.95

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: 26/11 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic 85.7549.2511.1194.4-83.4-451.6
DPS All 0.00.00.00.00.059.4
Sales/Revenue 9,726.0 M13,995.4 M16,584.0 M16,240.9 M17,236.7 M17,739.7 M
Book Value Per Share 2,798.83,771.23,727.13,824.43,598.93,692.7
Net Operating Cash Flow 2,446.9 M4,124.1 M7,091.5 M5,701.0 M4,644.9 M4,162.6 M
Net Profit Margin 3.86 %29.58 %23.35 %9.10 %-3.84 %-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 2.63 %18.24 %12.85 %4.92 %-2.25 %-10.69 %
Return on Invested Capital 1.93 %13.76 %9.94 %3.86 %-1.74 %-8.34 %
Return on Assets 1.35 %9.60 %7.01 %2.70 %-1.18 %-5.50 %
Return on Equity 2.63 %18.24 %12.85 %4.92 %-2.25 %-10.69 %
Return on Total Capital 7.45 %6.84 %10.57 %6.50 %6.09 %2.07 %
Free Cash Flow ex dividends 661.6 M739.6 M3,988.8 M1,157.8 M-947.7 M-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 928 M182 M873 M265 M180 M3,020 M
Long Term Debt 5,125 M9,646 M7,952 M8,402 M9,033 M10,984 M
Total Debt 6,053 M9,829 M8,825 M8,668 M9,213 M14,005 M
Goodwill - Gross ------
Cash & Equivalents - Generic 4,893 M3,531 M7,558 M6,982 M5,542 M4,449 M
Price To Book Value -----1.64

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex 1,382.2 M2,105.2 M1,891.2 M2,202.3 M3,074.0 M4,016.5 M
Capex % of Sales 14.21 %15.04 %11.40 %13.56 %17.83 %22.64 %
Cost of Goods Sold 7,599 M11,084 M11,430 M13,075 M14,144 M15,977 M
Selling, General & Admin. Exp & Other 544 M718 M848 M613 M754 M783 M
Research & Development 205 M216 M177 M205 M330 M301 M
Investments - Total 385 M4,777 M4,330 M4,667 M4,931 M6,850 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

0.5

No. Of Recommendations

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

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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

Citi

19/11/2024

1

Buy

$95.00

50.91%

Newmont Corp hosted investors at Tanami and Cadia, which together account for approximately 15% of the miner's gold production and 17% of consensus EBITDA expectations.

Citi notes the Tanami shaft project remains on track for 2H27, expected to increase production by 150–200koz per annum to 600koz per annum. Management emphasised a projected reduction of around -30% in operating costs, which would elevate the asset to the first quartile.

Investor focus centred on the tailings dam strategy at Cadia following the 2018 dam failure. The analyst highlights the tailings storage plans post-2027 are yet to be finalised and approved.

The CEO reiterated guidance for around 5.6Moz of production at all-in sustaining costs of approximately US$1,500/oz, supported by -US$3.1bn in capex. Newmont Corp reconfirmed 6Moz remains a "good mid-cycle" target, according to the broker.

Buy rating maintained, with a target price of US$66.

FORECAST
Citi forecasts a full year FY24 dividend of 150.85 cents and EPS of 455.57 cents.
Citi forecasts a full year FY25 dividend of 150.85 cents and EPS of 709.01 cents.

UBS

xx/xx/xxxx

3

xxxxxxxxx xx xxxxxxx xxxx xxx

-

xx.xx%

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

No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Extra Coverage Research History >

NEM STOCK CHART

FNArena News on NEM

1
Rudi’s View: Trump Beneficiaries & TechOne

Nov 28 2024 - Rudi's View
2
Next Week At A Glance – 25-29 Nov 2024

Nov 22 2024 - Weekly Reports
3
Rudi’s View: The Importance Of ‘Quality’ Growth

Nov 21 2024 - Rudi's View
4
Rudi’s View: A Rally With No Earnings Support

Nov 14 2024 - Rudi's View
5
Australian Broker Call *Extra* Edition – Nov 12, 2024

Nov 12 2024 - Daily Market Reports

Latest Gold & Silver News

1
Unlocking Vault’s Golden Potential

Nov 14 2024 - Commodities
2
What Went Wrong With Newmont?

Nov 05 2024 - Australia
3
In Brief: Aurum, Hillgrove & Little Green Pharma

Oct 25 2024 - Weekly Reports
4
Perseus Mining Shares Ready To Run

Oct 22 2024 - Technicals
5
Gold & Dividends Shine For Northern Star

Sep 12 2024 - Australia
6
Cup And Handle For Capricorn Metals

Aug 06 2024 - Technicals
7
Bellevue Gold For Better Grades & Margins

Jul 08 2024 - Commodities
8
Is Gold Overvalued Or Is Silver Undervalued?

Jul 02 2024 - Commodities
9
Evolution Mining’s Spending Spree

Jun 28 2024 - Australia
10
Break-Out For Resolute Mining

Jun 04 2024 - Technicals