Newmont Corporation (NEM)

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$0.90 (-1.53%)Past Day

About

Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 6.9 million ounces of gold in 2024. However, after buying Newcrest, Newmont is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.

Key Insights

  • Share Price

    $58.04

  • Market Cap

    $66.60 Billion

  • Total Outstanding Shares

    1.15 Billion Shares

  • Total Employees

    21,700

  • Dividend

    $0.25 Per Share Quarterly

  • IPO Date

    December 21, 1951

  • SIC Description

    Gold And Silver Ores

  • Homepage

    https://www.newmont.com

Historical Stock Splits

Execution DateSplit Amount
No Historical Stock Splits

Cash Flow Statement

July 1, 2023 to June 30, 2024
MetricValue
Net Cash Flow$6.00 Million
Net Cash Flow From Operating Activities, Discontinued$36.00 Million
Net Cash Flow From Operating Activities$3.82 Billion
Net Cash Flow From Operating Activities, Continuing$3.79 Billion
Net Cash Flow, Continuing$-30.00 Million
Net Cash Flow, Discontinued$36.00 Million
Net Cash Flow From Financing Activities, Continuing$-1.88 Billion
Net Cash Flow From Financing Activities$-1.88 Billion
Net Cash Flow From Investing Activities$-1.94 Billion
Net Cash Flow From Investing Activities, Continuing$-1.94 Billion

Income Statement

July 1, 2023 to June 30, 2024
MetricValue
Operating Income/Loss$-1.13 Billion
Diluted Average Shares$2.00 Billion
Basic Average Shares$1.99 Billion
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic$0.00
Income Tax Expense/Benefit$601.00 Million
Operating Expenses$16.01 Billion
Income/Loss From Equity Method Investments$26.00 Million
Benefits Costs and Expenses$16.28 Billion
Net Income/Loss$-1.95 Billion
Revenues$14.88 Billion
Nonoperating Income/Loss$-274.00 Million
Income/Loss From Discontinued Operations Net Of Tax$32.00 Million
Income/Loss From Continuing Operations After Tax$-1.98 Billion
Income/Loss Before Equity Method Investments$-1.41 Billion
Diluted Earnings Per Share$2.72
Preferred Stock Dividends And Other Adjustments$0.00
Net Income/Loss Available To Common Stockholders, Basic$-1.98 Billion
Income Tax Expense/Benefit, Deferred$-167.00 Million
Basic Earnings Per Share$2.72
Costs And Expenses$16.01 Billion
Net Income/Loss Attributable To Noncontrolling Interest$28.00 Million
Other Operating Expenses$15.78 Billion
Research and Development$223.00 Million
Net Income/Loss Attributable To Parent$-1.98 Billion
Income/Loss From Continuing Operations Before Tax$-1.41 Billion

Balance Sheet

July 1, 2023 to June 30, 2024
MetricValue
Equity$29.56 Billion
Equity Attributable To Parent$29.38 Billion
Assets$55.68 Billion
Equity Attributable To Noncontrolling Interest$184.00 Million
Current Assets$12.07 Billion
Accounts Payable$683.00 Million
Liabilities And Equity$55.68 Billion
Fixed Assets$33.66 Billion
Other Non-current Liabilities$11.69 Billion
Noncurrent Assets$43.61 Billion
Current Liabilities$5.73 Billion
Noncurrent Liabilities$20.38 Billion
Liabilities$26.11 Billion
Other Non-current Assets$9.95 Billion
Wages$457.00 Million
Other Current Liabilities$4.59 Billion
Long-term Debt$8.69 Billion

Historical Dividends

Current dividend: $0.25 Per Share Quarterly
Announcement DatePayment DateRecord DateAmountFrequency
Jul 24, 2024Sep 30, 2024Sep 5, 2024$0.25Quarterly
Apr 25, 2024Jun 27, 2024Jun 4, 2024$0.25Quarterly
Feb 22, 2024Mar 28, 2024Mar 5, 2024$0.25Quarterly
Oct 26, 2023Dec 22, 2023Nov 30, 2023$0.4Quarterly
Jul 20, 2023Sep 21, 2023Sep 7, 2023$0.4Quarterly
Apr 27, 2023Jun 15, 2023Jun 1, 2023$0.4Quarterly
Feb 23, 2023Mar 23, 2023Mar 9, 2023$0.4Quarterly
Oct 27, 2022Dec 29, 2022Dec 8, 2022$0.55Quarterly
Jul 22, 2022Sep 22, 2022Sep 8, 2022$0.55Quarterly
Apr 21, 2022Jun 16, 2022Jun 2, 2022$0.55Quarterly
Feb 22, 2022Mar 24, 2022Mar 10, 2022$0.55Quarterly
Oct 26, 2021Dec 28, 2021Dec 9, 2021$0.55Quarterly
Jul 21, 2021Sep 23, 2021Sep 9, 2021$0.55Quarterly
Apr 28, 2021Jun 17, 2021Jun 3, 2021$0.55Quarterly
Feb 17, 2021Mar 18, 2021Mar 4, 2021$0.55Quarterly
Oct 28, 2020Dec 28, 2020Dec 11, 2020$0.4Quarterly
Jul 23, 2020Sep 24, 2020Sep 10, 2020$0.25Quarterly
Apr 21, 2020Jun 18, 2020Jun 4, 2020$0.25Quarterly
Feb 18, 2020Mar 19, 2020Mar 5, 2020$0.14Quarterly
Oct 22, 2019Dec 27, 2019Dec 5, 2019$0.14Quarterly
Jul 24, 2019Sep 26, 2019Sep 12, 2019$0.14Quarterly
Apr 24, 2019Jun 20, 2019Jun 6, 2019$0.14Quarterly
Feb 20, 2019Mar 21, 2019Mar 7, 2019$0.14Quarterly
Oct 24, 2018Dec 27, 2018Dec 6, 2018$0.14Quarterly
Jul 23, 2018Sep 27, 2018Sep 13, 2018$0.14Quarterly
Apr 24, 2018Jun 21, 2018Jun 7, 2018$0.14Quarterly
Feb 20, 2018Mar 22, 2018Mar 8, 2018$0.14Quarterly
Jul 19, 2017Sep 28, 2017Sep 14, 2017$0.075Quarterly
Apr 20, 2017Jun 22, 2017Jun 8, 2017$0.05Quarterly
Feb 16, 2017Mar 23, 2017Mar 9, 2017$0.05Quarterly
Oct 26, 2016Dec 29, 2016Dec 8, 2016$0.05Quarterly
Jul 20, 2016Sep 29, 2016Sep 15, 2016$0.025Quarterly
Feb 11, 2016Mar 24, 2016Mar 10, 2016$0.025Quarterly
Apr 21, 2015Jun 25, 2015Jun 11, 2015$0.025Quarterly
Feb 16, 2015Mar 26, 2015Mar 12, 2015$0.025Quarterly
Oct 29, 2014Dec 26, 2014Dec 5, 2014$0.025Quarterly
Jul 22, 2014Sep 26, 2014Sep 11, 2014$0.025Quarterly
Apr 23, 2014Jun 26, 2014Jun 12, 2014$0.025Quarterly
Feb 19, 2014Mar 27, 2014Mar 13, 2014$0.15Quarterly
Oct 30, 2013Dec 27, 2013Dec 5, 2013$0.2Quarterly
Jul 25, 2013Sep 27, 2013Sep 5, 2013$0.25Quarterly
Apr 24, 2013Jun 27, 2013Jun 12, 2013$0.35Quarterly
Feb 20, 2013Mar 28, 2013Mar 13, 2013$0.425Quarterly
Oct 31, 2012Dec 28, 2012Dec 6, 2012$0.35Quarterly
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