Newmont Corp (NYSE:NEM) currently has a daily average trading volume of 9.61M but it saw 7826072 shares traded in last market. With a market cap of 48.94B USD, the company’s current market price of $42.99 came falling about -0.44 while comparing to the previous closing price of $43.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $58.72 and as low as $29.42. In the recent trading on the day, stock has struck highest price mark of $42.575 while lowest mark touched by it was $43.08.
Taking a look at 20-day trading activity of Newmont Corp (NEM) gives us an average price of $44.66, while its current price level is -26.79% below from 52-week high level whereas it is 46.13% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $50.63 while that of 200 days or SMA-200 reads an average of $43.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.62% during that period while stretching the period over a month that increases to 2.80%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 35.23 which implies that the stock is in neutral territory.
UBS downgraded its recommendation for the stock as a “Neutral” from “Buy” on October 30, 2024 while assigning a price target range of $67-$54.
Over the week, NEM’s stock price is moving 4.27% up while it is -26.74% when we observe its performance for the past one month. Year-to-date it is 3.87% up and over the past year, the stock is showing an upside performance of 17.59%.
Currently, Newmont Corp’s total number of outstanding shares is 1.15B. Company’s return on investment (ROI) stands at -3.12% and return on equity (ROE) at -5.22%. It has a 11.34 of forward P/E ratio. Stock’s beta reads 0.53. Stock has a price to book (P/B) ratio of 1.67 while price to sale or P/S ratio amounts to 2.91. Its return on asset (ROA) is -2.70% on average.
