In terms of market performance, Newmont Corp had a somewhat regular. The highest value for the stock in the past year was $56.30 on 09/25/24, while the lowest value was $29.42 on 02/28/24.
52-week price history of NEM Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Newmont Corp’s current trading price is -3.55% away from its 52-week high, while its distance from the 52-week low is 84.57%. The stock’s price range for this period has remained between $29.42 and $56.30. The Basic Materials sector company’s shares managed to surpass a trading volume of around 7.42 million for the day, which was noticeably lower compared to the shares’ average daily volume of 7.58 million over the last three months.
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Financial Performance and Market Capitalization
Newmont Corp (NEM) has experienced a quarterly rise of 14.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 62.31B and boasts a workforce of 40200 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 47.86, with a change in price of +9.86. Similarly, Newmont Corp recorded 7,611,197 in trading volume during the last 100 days, posting a change of +22.19%.
NEM Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NEM stands at 0.31. Similarly, the long-term debt-to-equity ratio is also 0.31.
NEM Stock Stochastic Average
As of today, the raw stochastic average of Newmont Corp over the past 50 days is 82.25%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 55.34%. Additionally, the Stochastic %K and %D values for the company were 38.74% and 37.40%, respectively, over the past 20 days.
NEM Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 31.19% this year. Over the last six months, there has been a weaker performance of 40.53%. The price of NEM fallen by 2.69% during the last 30 days period. For the last 5-days stocks have improved 1.80%.
