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Is Newmont Mining Corporation(NYSE: NEM), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Newmont Mining Corporation (NYSE: NEM) has been on the stock market since its IPO date on the 4/6/1983. Newmont Mining Corporation is in the Gold industry and Basic Materials sector. Average volume for Newmont Mining Corporation, is 8931.94, and so far today it has a volume of 45250. Performance year to date since the 4/6/1983 is 127.61%.

To help you determine whether Newmont Mining Corporation is undervalued the following values will help you decide. P/E is 218.61 and forward P/E is 23.99. PEG perhaps more useful shows that Newmont Mining Corporation has a value for PEG of 14.67. P/S ratio is 2.78 and the P/B ratio is 1.91. The P/Cash and P/Free cash flow is 8.71 and 37.68 respectively.

At the current price Newmont Mining Corporation is trading at, 39.9 (-2.40% today), Newmont Mining Corporation has a dividend yield of 0.24%, and this is covered by a payout ratio of 56.70%. Earnings per share (EPS) is 0.19, and this is looking to grow in the next year to 16.63% after growing -65.90% this past year. EPS growth quarter over quarter is -58.00%, and 3.00% for sales growth quarter over quarter.

The number of shares outstanding is 530, and the number of shares float is 529.41. The senior management bring insider ownership to 0.30%, and institutional ownership is at 80.80%. The float short is 1.85%, with the short ratio at a value of 1.1. Management has seen a return on assets of 0.40%, and also a return on investment of 2.30%.

The ability for Newmont Mining Corporation, to deal with debt, means it current ratio is 3.3, and quick ratio is 2.8. Long term debt/equity is 0.47 and total debt/equity is 0.5. In terms of margins, Newmont Mining Corporation has a gross margin of 43.80%, with its operating margin at 13.90%, and Newmont Mining Corporation has a profit margin of 1.10%.

The 52 week high is -3.76%, with 160.44% being its 52 week low. The 20 day simple moving average is 12.18% and the 200 day simple moving average is 57.24%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


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Stephen Butters

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