Newmont: Limited Upside As Skyrocketing Costs Offset Rising Prices (Rating Downgrade) [Seeking Alpha]
Newmont Corporation (NEM)
Last newmont corporation earnings: 2/20 06:55 am
Check Earnings Report
US:NYSE Investor Relations:
newmont.com/investor-relations/default.aspx
Company Research
Source: Seeking Alpha
With gold rising with real interest rates, history suggests that either gold will likely reverse soon or long-term bonds will rally. Gold miners, like Newmont, have not participated in the gold rally, raising questions about their potential benefits from higher gold prices. Newmont's AISC rose faster than gold since 2022, stemming from labor and material cost growth in developing markets. NEM is likely fairly valued today as its forward "P/E" reasonably accounts for continued AISC expansion, offset by the recent rally in gold. Gold is one of the best-performing assets of 2024, rising by 15% year-to-date and 11% over the past month. Over that period, stocks and bonds have, for the most part, stagnated. Interestingly, the US dollar has also performed well this year, a rare instance of gold and the Recommended For You Recommended For You About NEM Stock Related Stocks Trending Analysis Trending News
Show less
Read more
Impact Snapshot
Event Time:
NEM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NEM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NEM alerts
High impacting Newmont Corporation news events
Weekly update
A roundup of the hottest topics
NEM
News
- Newmont Corporation (NEM) is a Top-Ranked Momentum Stock: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- Why gold ETFs are an option to bonds as inflation lingers [Yahoo! Finance]Yahoo! Finance
- Barrick Gold beats estimates for quarterly profit, enters JV in Jamaica [Yahoo! Finance Canada]Yahoo! Finance Canada
- Why gold ETFs are an option to bonds as inflation lingers [FOX Business Network]FOX Business Network
- SolGold Plc (LON:SOLG) has caught the attention of institutional investors who hold a sizeable 30% stake [Yahoo! Finance]Yahoo! Finance
NEM
Earnings
- 4/25/24 - Beat
NEM
Sec Filings
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- NEM's page on the SEC website