Newmont Corporation

Newmont Corporationverified

NEM

Price:

$46.73

Market Cap:

$53.89B

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, and Ghana. As of December 31, 2021, it had proven and probable gold reserves of 92.8 million ounces and land position of 62,800 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.[Read more]

Industry

Gold

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

NEM

The PE Ratio as of July 2024 (TTM) for Newmont Corporation (NEM) is -16.99

According to Newmont Corporation’s latest financial reports and current stock price. The company's current PE Ratio is -16.99. This represents a change of -157.06% compared to the average of 29.78 of the last 4 quarters.

Newmont Corporation (NEM) Historical PE Ratio (quarterly & annually)

How has NEM PE Ratio performed in the past?

The mean historical PE Ratio of Newmont Corporation over the last ten years is 480.62. The current -16.99 PE Ratio has changed -453.50% with respect to the historical average. Over the past ten years (40 quarters), NEM's PE Ratio was at its highest in in the September 2021 quarter at 3.62K. The PE Ratio was at its lowest in in the June 2019 quarter at -290.39.

Quarterly (TTM)
Annual

Average

480.62

Median

14.20

Minimum

-175.42

Maximum

4.96K

Newmont Corporation (NEM) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Newmont Corporation PE 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 = 29.01%

Maximum Annual PE Ratio = 4.96K

Minimum Annual Increase = -497.76%

Minimum Annual PE Ratio = -175.42

Quarterly (TTM)
Annual
YearPE RatioChange
2023-13.81-81.36%
2022-74.06-101.49%
20214.96K29.01%
202017.0249.50%
201911.39-78.98%
201854.16-130.87%
2017-175.42509.12%
2016-28.80-168.84%
201541.84125.79%
201418.53-497.76%

Newmont Corporation (NEM) Average PE Ratio

How has NEM PE Ratio performed in the past?

The current PE Ratio of Newmont Corporation (NEM) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.62K

5-year avg

979.19

10-year avg

480.62

Newmont Corporation (NEM) PE Ratio vs. Peers

How is NEM’s PE Ratio compared to its peers?

Newmont Corporation’s PE Ratio is greater than Pan American Silver Corp. (-51.82), less than Agnico Eagle Mines Limited (79.22), less than Kinross Gold Corporation (24.42), less than Wheaton Precious Metals Corp. (44.75), greater than Franco-Nevada Corporation (-47.39), less than Gold Fields Limited (15.59), less than Royal Gold, Inc. (37.03), less than Sandstorm Gold Ltd. (76.26), greater than B2Gold Corp. (-96.61), less than IAMGOLD Corporation (14.01),

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