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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 7467.04, and so far today it has a volume of 4770400. Performance year to date since the 4/6/1983 is 131.57%.

To help you determine whether Newmont Mining Corporation is undervalued the following values will help you decide. P/E is 264.9 and forward P/E is 21.03. PEG perhaps more useful shows that Newmont Mining Corporation has a value for PEG of 13.59. P/S ratio is 2.79 and the P/B ratio is 1.93. The P/Cash and P/Free cash flow is 7.49 and 23.52 respectively.

At the current price Newmont Mining Corporation is trading at, 41.59 (-1.19% today), Newmont Mining Corporation has a dividend yield of 0.24%, 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 9.77% 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 529.49. The senior management bring insider ownership to 0.20%, and institutional ownership is at 82.90%. The float short is 2.04%, with the short ratio at a value of 1.45. 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 -9.72%, with 170.86% being its 52 week low. The 20 day simple moving average is -0.86% and the 200 day simple moving average is 38.06%.

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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