Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Newmont Corp’s current trading price is -1.40% away from its 52-week high, while its distance from the 52-week low is 57.08%. The stock’s price range over this period has fluctuated between $36.86 and $58.72. The company, operating within the financial sector, had a trading volume of approximately 19.33 million for the day, which was noticeably higher than the average daily share volume of 13.41 million over the last 3 months.
Newmont Corp experienced a rather steady stock market performance. The highest value in the past year was recorded at $58.72 on 10/22/24 and the lowest value was $36.86 on 12/31/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Newmont Corp (NEM) has experienced a quarterly rise of 25.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 64.44B and boasts a workforce of 42600 employees.
Analyzing Trading Volume and Moving Average Trends
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 0.26. Similarly, the long-term debt-to-equity ratio is also 0.25.
NEM Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 55.56%. However, over the past six months, we’ve seen a weaker performance of 39.55%. The price of NEM fallen by 18.99% over the last 30 days. And in the last five days, it has surged by 10.58%.
