NEWMONT CORPORATION REGISTERED (NEM)
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NEM

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

$74.90

20 Feb
2025

0.720

OPEN

$74.68

0.97%

HIGH

$75.38

234,920

LOW

$74.36

TARGET
$85.00 13.5% upside
OTHER COMPANIES IN THE SAME SECTOR
A1M . AAM . AAR . ADT . ALK . AMI . ASL . BC8 . BEZ . BGL . BTR . CEL . CMM . CNB . CVV . CYL . DEG . EMR . EVN . EVR . FFM . FFM . FND . GMD . GOR . GPR . HGO . IGO . KCN . KGL . MAU . MEI . MEK . MML . 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) 461.1 xxx
DPS (cps) 152.7 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 15.9 xxx
Dividend Yield 2.1% xxx
Div Pay Ratio(%) 33.1% 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 :

 0.81

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 © 2025 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

0.8

No. Of Recommendations

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

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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

Ord Minnett

17/01/2025

1

Buy

$77.00

2.80%

Ord Minnett marks to market commodity prices for the December quarter.

The broker downgrades the 2025 copper price forecast by -14%, hard coking coal by -9%, thermal coal by -8%, and aluminium by -8% due to weaker commodity demand, higher-for-longer interest rates, and the impacts of Trump tariffs and other trade barriers.

Newmont Corp is Buy rated with a $77 target price. Ord Minnett adjusts EPS estimates by -1.2% in 2024 and 0.6% in 2025.

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

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

Goldman Sachs

16/01/2025

1

Initiation of coverage with Buy

$76.20

1.74%

Goldman Sachs has initiated coverage on Newmont Corp with a Buy rating and target price of $76.20.

The broker believes Newmont has one of the strongest earnings growth outlooks among its Australian gold companies coverage on a medium-term view on the back of production improvements across new and existing projects, further supported by gold pricing strength.

The broker sees the company as an unlikely M&A target in the near term based on its asset history (beyond planned divestments) and scale of the overall group. No M&A component has been factored into the target price.

The analysts expect Newmont’s portfolio to transition to a largely Tier 1 asset base as major projects progress and divestments complete, supporting accelerated de-leveraging and capital management.

FORECAST
Goldman Sachs forecasts a full year FY24 dividend of 152.69 cents and EPS of 493.20 cents.
Goldman Sachs forecasts a full year FY25 dividend of 154.22 cents and EPS of 667.28 cents.
Access Extra Coverage Research History >

NEM STOCK CHART

FNArena News on NEM

1
Rudi’s View: Best Ideas & Conviction Calls

Feb 20 2025 - Rudi's View
2
Weekly Ratings, Targets, Forecast Changes – 14-02-25

Feb 17 2025 - Weekly Reports
3
Rudi’s View: AGL Energy, Bega Cheese, BRG, Harvey Norman, Imdex & Superloop

Feb 06 2025 - Rudi's View
4
Australian Broker Call *Extra* Edition – Feb 06, 2025

Feb 06 2025 - Daily Market Reports
5
Rudi’s View: Earnings Optimism On The Rise

Feb 05 2025 - Rudi's View

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