NEM.AX
Price:
$149.94
Market Cap:
$107.13B
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana. The company was founded in 1916 and is headquartered in Denver, Colorado.
Industry
Gold
IPO Date
2023-10-26
Stock Exchange
ASX
Ticker
NEM.AX
According to Newmont Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.04. This represents a change of 3.61% compared to the average of 1.97 of the last 4 quarters.
The mean historical Current Ratio of Newmont Corporation over the last ten years is 2.59. The current 2.04 Current Ratio has changed 7.77% with respect to the historical average. Over the past ten years (40 quarters), NEM.AX's Current Ratio was at its highest in in the September 2018 quarter at 4.70. The Current Ratio was at its lowest in in the December 2023 quarter at 1.25.
Average
2.59
Median
2.65
Minimum
1.25
Maximum
3.62
Discovering the peaks and valleys of Newmont Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 42.21%
Maximum Annual Current Ratio = 3.62
Minimum Annual Increase = -43.75%
Minimum Annual Current Ratio = 1.25
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.63 | 29.94% |
| 2023 | 1.25 | -43.75% |
| 2022 | 2.23 | -23.22% |
| 2021 | 2.90 | 14.87% |
| 2020 | 2.52 | -4.00% |
| 2019 | 2.63 | -10.95% |
| 2018 | 2.95 | -18.51% |
| 2017 | 3.62 | 35.59% |
| 2016 | 2.67 | -24.05% |
| 2015 | 3.52 | 42.21% |
The current Current Ratio of Newmont Corporation (NEM.AX) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.70
5-year avg
2.11
10-year avg
2.59
Newmont Corporation’s Current Ratio is less than Fortescue Ltd (2.43), less than Perseus Mining Limited (4.59), greater than Northern Star Resources Limited (1.82), less than Dpmmetals Cdi 1:1 [dpm] (2.77), greater than Ora Banda Mining Limited (1.09), less than Rand Mining Limited (21.13), less than Tribune Resources Limited (9.25), greater than Evolution Mining Limited (1.53), less than Ramelius Resources Limited (4.09), greater than Orezone Gold Corporation (1.11),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.43 | $70.39B | |
| 4.59 | $7.36B | |
| 1.82 | $38.95B | |
| 2.77 | $9.85B | |
| 1.09 | $2.51B | |
| 21.13 | $138.21M | |
| 9.25 | $312.71M | |
| 1.53 | $25.47B | |
| 4.09 | $7.64B | |
| 1.11 | $1.09B |
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What is the Current Ratio?
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What is Newmont Corporation's Current Ratio?
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What is the 3-year average Current Ratio for Newmont Corporation (NEM.AX)?
What is the 5-year average Current Ratio for Newmont Corporation (NEM.AX)?
How does the current Current Ratio for Newmont Corporation (NEM.AX) compare to its historical average?