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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 8624.86, and so far today it has a volume of 3036411. Performance year to date since the 4/6/1983 is 144.98%.

To help you determine whether Newmont Mining Corporation is undervalued the following values will help you decide. P/E is 280.25 and forward P/E is 22.88. PEG perhaps more useful shows that Newmont Mining Corporation has a value for PEG of 16.5. P/S ratio is 2.95 and the P/B ratio is 2.05. The P/Cash and P/Free cash flow is 7.93 and 24.88 respectively.

At the current price Newmont Mining Corporation is trading at, 43.85 (-0.34% today), Newmont Mining Corporation has a dividend yield of 0.23%, and this is covered by a payout ratio of 129.80%. Earnings per share (EPS) is 0.16, and this is looking to grow in the next year to 10.96% after growing -65.90% this past year. EPS growth quarter over quarter is -24.70%, and 6.80% for sales growth quarter over quarter.

The number of shares outstanding is 531, and the number of shares float is 529.48. The senior management bring insider ownership to 0.30%, and institutional ownership is at 80.40%. The float short is 2.40%, with the short ratio at a value of 1.47. Management has seen a return on assets of 0.20%, and also a return on investment of 2.30%.

The ability for Newmont Mining Corporation, to deal with debt, means it current ratio is 3.9, and quick ratio is 3.4. Long term debt/equity is 0.47 and total debt/equity is 0.49. In terms of margins, Newmont Mining Corporation has a gross margin of 44.30%, with its operating margin at 14.70%, and Newmont Mining Corporation has a profit margin of 0.50%.

The 52 week high is -0.72%, with 186.22% being its 52 week low. The 20 day simple moving average is 17.10% and the 200 day simple moving average is 63.54%.

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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Tony Dabbs

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