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Stock impact report

Assessing Newmont (NEM) Valuation After Earnings Beats Higher Gold Prices And The Newcrest Deal [Yahoo! Finance]

Newmont Corporation (NEM) 
Last newmont corporation earnings: 2/20 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
Newmont (NEM) is back in focus after a run of five straight earnings beats supported by firmer gold prices, as investors weigh ongoing production and cost headwinds against its Newcrest acquisition and longer term asset focus. See our latest analysis for Newmont. At a share price of $111.85, Newmont has seen a 13.97% 1 month share price return and a 10.50% year to date share price return. Its 1 year total shareholder return of 113.18% suggests momentum has been strong, even as recent headlines around earnings beats, higher gold prices and the Newcrest integration keep refocusing attention on valuation and risk. If Newmont's run has you rethinking gold exposure, it can be useful to see how other producers stack up using our screener for 29 elite gold producer stocks With earnings beats, an acquisition pipeline and a reported forward P/E of 13 all in the mix, the question is whether Newmont at about $112 is still mispriced value or if the market is already banking on future gro Show less Read more
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