The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Newmont Corp’s current trading price is -36.99% away from its 52-week high, while its distance from the 52-week low is 25.76%. The stock’s price range for this period has been between $29.42 and $58.72 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 7.46 million for the day, a number notably lower than the average daily volume of 10.67 million over the last three months.
Newmont Corp experienced a rather shaky stock market performance. The highest value in the past year was recorded at $58.72 on 10/22/24 and the lowest value was $29.42 on 02/28/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Newmont Corp (NEM) has experienced a quarterly decline of -30.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 41.85B and boasts a workforce of 40200 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 48.04, with a change in price of -9.40. Similarly, Newmont Corp recorded 9,376,458 in trading volume during the last 100 days, posting a change of -20.26%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to 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 0.30.
NEM Stock Stochastic Average
As of today, Newmont Corp’s raw stochastic average for the last 50 days stands at 0.64%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 2.47%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 12.93% and 18.61%, respectively.
NEM Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Year to date metric has recorded a loss of -10.61%.However, over the last six months, we can see a stronger performance of -11.16%. Over the last 30 days, the price of NEM has leaped by -11.99%. And in the last five days, it has fallen by -3.34%.
