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A look at a High Market Cap Stock: Newmont Mining Corporation, NEM

Newmont Mining Corporation, NEM is in the exchange NYSE and its industry is Gold in the sector of Basic Materials. Based in USA, Newmont Mining Corporation, NEM  has a market cap of 20406.78. Since its IPO date on the 4/6/1983, Newmont Mining Corporation, NEM performance year to date is 112.91%. Today Newmont Mining Corporation, NEM has gained -0.93%, with a current price of 38.24.

Ownership of the company is 0.20% for insider ownership while institutional ownership is 83.00%. The management of the company have seen the company have a payout ratio of 129.80%. Return of assets are at 0.20%, with return on investment at 2.30%.

In terms of debt levels and profit levels, Newmont Mining Corporation, NEM is seeing a long-term debt/equity of 0.47. While Total debt/equity is 0.49. With a profit margin of 0.50%, this is combined with a gross margin of 44.30%, and operating margin of 14.70%. Newmont Mining Corporation ability to meet debt levels, with a current ratio of 3.9, while the quick ratio is 3.4.

For the last year Newmont Mining Corporation, NEM has seen a EPS growth of -65.90%. A performance for the year of 129.61%. The 52-week high is -17.00%, and the 52-week low is 149.04%. The average volume for Newmont Mining Corporation, NEM is 8342200.

With a target price of 46.98, can Newmont Mining Corporation, NEM reach this target? Looking at the value indicators of Newmont Mining Corporation, NEM. Newmont Mining Corporation has a P/E of 243.57 and a forward P/E of 19.33. Perhaps the more useful indicator than P/E, is PEG which has a value of 12.5. Newmont Mining Corporation also has a P/S and a P/B of 2.58 and 1.78 respectively. For P/cash, Newmont Mining Corporation has a value of 6.92, while it is 21.73 for P/free cash flow.

At the current price of 38.24, Newmont Mining Corporation has a dividend yield of 0.26%. We see a return on equity of 0.40%.

Looking more long-term Newmont Mining Corporation, is projected to get an EPS growth for the next five years of 19.49%. In the short-term an EPS growth of 9.77% in the next year is forecasted. This is after a EPS growth of -65.90% for this year and for the last five years a -39.50% growth has been seen.

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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Peter Clarke

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