Newmont Corp (NYSE:NEM)’s traded shares stood at 1.92 million during the latest session, with the company’s beta value hitting 0.50. At the last check today, the stock’s price was $39.00, to imply an increase of 1.16% or $0.45 in intraday trading. The NEM share’s 52-week high remains $50.18, putting it -28.67% down since that peak but still an impressive 24.56% since price per share fell to its 52-week low of $29.42. The company has a valuation of $44.96B, with an average of 14.34 million shares over the past 3 months.

Newmont Corp (NYSE:NEM) trade information

After registering a 1.16% upside in the latest session, Newmont Corp (NEM) has traded red over the past five days. The stock hit a weekly high of 39.21, jumping 1.16% in its intraday price action. The 5-day price performance for the stock is 0.93%, and 13.70% over 30 days. With these gigs, the year-to-date price performance is -5.78%.

Newmont Corp (NEM) estimates and forecasts

Looking at statistics comparing Newmont Corp share performance against respective industry, we note that the company has outperformed competitors. Newmont Corp (NEM) shares are -2.31% down over the last 6 months, with its year-to-date growth rate higher than industry average at 24.84% against 18.30%. Revenue is forecast to shrink -5.70% this quarter before jumping 51.10% for the next one. The rating firms project that company’s revenue will grow 39.40% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is $5.05 billion. Meanwhile, for the quarter ending Jun 2024, a total of 1 analyst(s) estimate revenue growth to $5.72 billion.Earnings reports from the last fiscal year show that sales brought in $3.53 billion and -$ respectively in the corresponding quarters.

NEM Dividends

Newmont Corp has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Newmont Corp has a forward dividend ratio of 1.45, with the share yield ticking at 3.72% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.