Newmont Corp’s stock has had a calm market performance. The 1-year high for the company’s stock was $58.72 on 10/22/24, and the lowest price during the same period was recorded at $36.86 on 12/31/24.
52-week price history of NEM Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Newmont Corp’s current trading price is -8.85% away from its 52-week high, while its distance from the 52-week low is 45.20%. The stock’s price range during this period has fluctuated between $36.86 and $58.72. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 3.76 million for the day, which was evidently lower than the average daily volume of 12.92 million over the last three months.
Financial Performance and Market Capitalization
Newmont Corp (NEM) has experienced a quarterly rise of 28.75% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 59.57B and boasts a workforce of 42600 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 44.47, with a change in price of +11.92. Similarly, Newmont Corp recorded 11,518,336 in trading volume during the last 100 days, posting a change of +28.42%.
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 0.26. Similarly, the long-term debt-to-equity ratio is also 0.25.
NEM Stock Stochastic Average
Newmont Corp’s raw stochastic average for the past 50 days is currently at 79.28%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 76.80%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 81.30% and 80.66%, 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. The metric has seen a significant gain of 43.80% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -7.31%. Over the past 30 days, the price of NEM has fallen by 10.60%. And in the last five days, it has fallen by -3.06%.
