The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. Until today this year the stock’s price performance recorded an increase of 43.15%. However, over the last six months, the performance has been weaker by 28.66%. The price of NEM increased 0.85% over the last 30 days. And in the last five days, it has fallen by -4.14%.
The stock market performance of Newmont Corp has been very steady. Over the last year, the company’s stock hit its highest at $58.72 on 10/22/24, while the lowest price during the same time frame was $36.86, recorded on 12/31/24.
52-week price history of NEM Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Newmont Corp’s current trading price is -9.26% away from its 52-week high, while its distance from the 52-week low is 44.55%. The stock’s price range for this period has been between $36.86 and $58.72. The Basic Materials sector company’s shares saw a trading volume of about 8.14 million for the day, which was lower than the average daily volume of 13.27 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Newmont Corp (NEM) has experienced a quarterly rise of 25.75% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 59.30B and boasts a workforce of 42600 employees.
How Moving Averages and Trading Volume Data Work Together
NEM’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder 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.
