Newmont Financials

Newmont Stock Summary

Newmont competes with ZIJIN MINH, Barrick Gold, Superior Plus, NMI Holdings, and Origin Agritech. Newmont Goldcorp Corporation, together with its subsidiaries, operates in the mining industry. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado. Newmont Mining operates under Gold classification in Germany and is traded on Frankfurt Stock Exchange. It employs 12400 people.

Newmont Key Financial Ratios

There are many critical financial ratios that Newmont's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Newmont reports annually and quarterly.

Newmont Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Newmont's current stock value. Our valuation model uses many indicators to compare Newmont value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newmont competition to find correlations between indicators driving Newmont's intrinsic value. More Info.Newmont is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Newmont's earnings, one of the primary drivers of an investment's value.

Newmont Systematic Risk

Along with financial statement analysis, the daily predictive indicators of Newmont help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Newmont. We use our internally-developed statistical techniques to arrive at the intrinsic value of Newmont based on widely used predictive technical indicators. In general, we focus on analyzing Newmont Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Newmont's daily price indicators and compare them against related drivers.

When running Newmont's price analysis, check to measure Newmont's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newmont is operating at the current time. Most of Newmont's value examination focuses on studying past and present price action to predict the probability of Newmont's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newmont's price. Additionally, you may evaluate how the addition of Newmont to your portfolios can decrease your overall portfolio volatility.