Newmont Goldcorp Corp Stock Price on December 22, 2023

NGT Stock  CAD 58.78  0.32  0.54%   
Below is the normalized historical share price chart for Newmont Goldcorp Corp extending back to April 22, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Newmont Goldcorp stands at 58.78, as last reported on the 11th of December 2024, with the highest price reaching 59.65 and the lowest price hitting 58.77 during the day.
200 Day MA
60.7876
50 Day MA
65.802
Beta
0.531
 
Covid
If you're considering investing in Newmont Stock, it is important to understand the factors that can impact its price. Newmont Goldcorp Corp has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Newmont Goldcorp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Newmont Goldcorp's Mean Deviation of 1.39, standard deviation of 2.42, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
  
At this time, Newmont Goldcorp's Total Stockholder Equity is very stable compared to the past year. As of the 11th of December 2024, Common Stock Shares Outstanding is likely to grow to about 883 M, while Common Stock Total Equity is likely to drop about 807.9 M. . At this time, Newmont Goldcorp's Price To Sales Ratio is very stable compared to the past year. As of the 11th of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 20.42, though Price Earnings Ratio is likely to grow to (13.12). Newmont Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1208

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Estimated Market Risk

 2.39
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.29
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Newmont Goldcorp is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Newmont Goldcorp by adding Newmont Goldcorp to a well-diversified portfolio.
Price Book
1.5889
Enterprise Value Ebitda
22.6506
Price Sales
3.9571
Shares Float
1.1 B
Dividend Share
1

Newmont Goldcorp Main Headline on 22nd of December 2023

Newmont Goldcorp Corp dividend paid on 22nd of December 2023

Newmont Goldcorp Valuation on December 22, 2023

It is possible to determine the worth of Newmont Goldcorp on a given historical date. On December 22, 2023 Newmont was worth 55.34 at the beginning of the trading date compared to the closed value of 55.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Newmont Goldcorp stock. Still, in general, we apply an absolute valuation method to find Newmont Goldcorp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Newmont Goldcorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Newmont Goldcorp's related companies.
 Open High Low Close Volume
  54.73    54.99    54.11    54.31    109,400  
12/22/2023
  55.34    55.88    54.97    55.03    229,800  
  54.70    55.49    54.55    55.19    175,700  
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Open Value
55.34
55.03
Closing Value
62.52
Upside

Newmont Goldcorp Trading Date Momentum on December 22, 2023

On December 27 2023 Newmont Goldcorp Corp was traded for  55.19  at the closing time. The maximum traded price for the trading interval was 55.49  and the lowest daily price was  54.55 . The daily volume was recorded at 175.7 K. The volume of trading on 27th of December 2023 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 0.29% . The trading delta at closing time to the closing price today is 1.31% .

Newmont Goldcorp Corp Fundamentals Correlations and Trends

By evaluating Newmont Goldcorp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Newmont Goldcorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Newmont financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Newmont Goldcorp Stock history

Newmont Goldcorp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Newmont is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Newmont Goldcorp Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Newmont Goldcorp stock prices may prove useful in developing a viable investing in Newmont Goldcorp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding841 M883 M
Net Loss-493.4 M-468.7 M

Newmont Goldcorp Quarterly Net Working Capital

6.34 Billion

Newmont Goldcorp Stock Technical Analysis

Newmont Goldcorp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Newmont Goldcorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Newmont Goldcorp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Newmont Goldcorp Period Price Range

Low
December 11, 2024
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High

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Newmont Goldcorp Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Newmont Goldcorp December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Newmont Goldcorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Newmont Goldcorp shares will generate the highest return on investment. By undertsting and applying Newmont Goldcorp stock market strength indicators, traders can identify Newmont Goldcorp Corp entry and exit signals to maximize returns

Newmont Goldcorp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Newmont Goldcorp's price direction in advance. Along with the technical and fundamental analysis of Newmont Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Newmont to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Newmont Goldcorp Corp is a strong investment it is important to analyze Newmont Goldcorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newmont Goldcorp's future performance. For an informed investment choice regarding Newmont Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newmont Goldcorp Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Please note, there is a significant difference between Newmont Goldcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.