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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 7086.98, and so far today it has a volume of 10473200. Performance year to date since the 4/6/1983 is 89.70%.

To help you determine whether Newmont Mining Corporation is undervalued the following values will help you decide. P/E is 216.88 and forward P/E is 17. PEG perhaps more useful shows that Newmont Mining Corporation has a value for PEG of 11.13. P/S ratio is 2.28 and the P/B ratio is 1.58. The P/Cash and P/Free cash flow is 6.13 and 19.26 respectively.

At the current price Newmont Mining Corporation is trading at, 34.05 (-1.56% today), Newmont Mining Corporation has a dividend yield of 0.29%, 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 10.91% 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 0.20%, and institutional ownership is at 83.00%. The float short is 1.71%, with the short ratio at a value of 1.28. 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 -26.04%, with 112.63% being its 52 week low. The 20 day simple moving average is -17.55% and the 200 day simple moving average is 5.94%.

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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