Newmont Goldcorp Corp Stock Analysis

Newmont Stock Analysis Notes

About 74.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.59. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Newmont Goldcorp Corp has Price/Earnings To Growth (PEG) ratio of 1.24. The entity recorded a loss per share of 3.1. The firm last dividend was issued on the 27th of November 2024. Newmont Goldcorp had 1:15 split on the 21st of May 2019. 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 GOLDCORP operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 12400 people. To find out more about Newmont Goldcorp Corp contact Thomas Palmer at 303 863 7414 or learn more at https://www.newmont.com.

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Newmont Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 67.22 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Newmont Goldcorp's market, we take the total number of its shares issued and multiply it by Newmont Goldcorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Newmont Profitablity

The company has Profit Margin (PM) of (0.07) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.28 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.28.

Management Efficiency

Newmont Goldcorp Corp has return on total asset (ROA) of 0.0413 % which means that it generated a profit of $0.0413 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0516) %, meaning that it generated substantial loss on money invested by shareholders. Newmont Goldcorp's management efficiency ratios could be used to measure how well Newmont Goldcorp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 11th of December 2024, Return On Tangible Assets is likely to grow to -0.05. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Newmont Goldcorp's Asset Turnover is very stable compared to the past year.

Technical Drivers

As of the 11th of December 2024, Newmont Goldcorp secures the Risk Adjusted Performance of (0.06), mean deviation of 1.39, and Standard Deviation of 2.42. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Newmont Goldcorp Corp, as well as the relationship between them.

Newmont Goldcorp Corp Price Movement Analysis

Newmont Goldcorp Outstanding Bonds

Newmont Goldcorp Predictive Daily Indicators

Newmont Goldcorp Forecast Models

Newmont Goldcorp's time-series forecasting models are one of many Newmont Goldcorp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Newmont Goldcorp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Newmont Goldcorp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Newmont shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Newmont Goldcorp. By using and applying Newmont Stock analysis, traders can create a robust methodology for identifying Newmont entry and exit points for their positions.

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.