Added to YB: 2024-02-13
Pitch date: 2024-02-10
NEM [bullish]
Newmont Corporation
+245.05%
current return
Author Info
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Company Info
Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals.
Market Cap
$127.0B
Pitch Price
$31.40
Price Target
N/A
Dividend
0.87%
EV/EBITDA
7.17
P/E
15.46
EV/Sales
4.95
Sector
Metals and Mining
Category
value
Show full summary:
Newmont: Asymmetric Risk/Reward Makes It A Strong Buy Here
NEM lags gold on Newcrest deal execution fears despite 20yr reserves. Peers de-rated too. 40% EPS rebound, 15% margin seen on costs, 0.46x debt. Dip may be buy chance with B+ value vs sector. Newcrest integration key risk. Buy on LT strengths.
Read full article (3 min)