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Newmont Mining Corporation (NYSE: NEM) – Is this large market cap stock undervalued?

Newmont Mining Corporation (NYSE: NEM), is firmly in the large market cap category with market cap of 20799.28. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Newmont Mining Corporation is 38.62 (with a change from open of -0.34%), this in conjunction with a target price of 46.98. Volume today has so far reached 1847604, with an average volume of about 7500.24. The GAP for this stock, is 1.28%.

The P/E ratio is 243.69, bringing the forward P/E to a value of 19.35. The current EPS for Newmont Mining Corporation, is 0.16, with a EPS growth for this year coming to a value of -65.90%. Performance has been interesting with performance year to date coming to 113.16%.

Looking further into the growth statistics for Newmont Mining Corporation, EPS is looking like it will grow 9.41% in the next year. Looking even further it is projected to be 19.49%. Quarter over quarter is -24.70% for EPS growth and for sales growth quarter over quarter it is 6.80%. Looking at past EPS growth statistics we see that for the past five years it has been -39.50%. Sales growth for the past five years has in fact been -4.10%.

Looking at the ownership, we see that the insider ownership is at 0.20% and institutional ownership is 82.80%. Shares outstanding is 543.63, while shares float is at a value of 529.46. Float short for Newmont Mining Corporation is 1.66% and the short ratio is 1.17.

In terms of debt, long term debt/equity is 0.47, while the total debt/equity comes to 0.49. The ability to meet these debts, means that the current ratio is 3.9, and the quick ratio is 3.4. The most recent gross margin is 44.30% and their operating margin is 14.70%. The profit margin is 0.50%.

Newmont Mining Corporation has seen returns on assets of 0.20%, and on investment, 2.30%. Return on equity is 0.40%. Price/Earnings to growth ratio is 12.51. Price/Sales ratio is at a value of 2.63, with Price/book ratio coming to 1.78 and Price/cash is 7.06, and finally Price/Free cash Flow is 22.15.

The simple moving averages are -7.86% and 25.13% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -16.12% and the 52 week low is 151.67%.

Newmont Mining Corporation has a dividend yield of 0.26%, with a current price of 38.62. The ability to pay this means the payout ratio is 129.80%. This is in an industry, Gold, with equally high dividends from other companies in this sector, which it is Basic Materials. Newmont Mining Corporation is based in USA.

Performance in the Gold industry means that Newmont Mining Corporation has seen performance for the past week of -2.59%, with performance for the month coming to -12.99%. Looking at the data for the quarter it is at a value of 7.39%, and for the half year the performance is 122.72%. Volatility for this week is 3.82% and for the month this is 3.74%.

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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