Newmont Corporation, one of the world’s largest gold producers, is currently experiencing a slight share price weakness. On October 3, 2024, the share closed at EUR 48.06, corresponding to a daily loss of 1.64%. Despite the recent decline, the company based in Greenwood Village, Colorado, is robust year-on-year: the stock has gained a remarkable 42.18% in the last twelve months.
Financial key figures in focus
For the 2024 financial year, Newmont plans to pay a dividend of EUR 1.00 per share, which corresponds to a current dividend yield of 2.08%. The price-to-earnings ratio (P/E) is forecast at 17.79 for 2024, while the price-to-cash flow ratio (P/CV) is 13.80. These metrics indicate a solid financial position, even though the company posted a loss last year.
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Newmont Mining shares: buy or sell?! New Newmont Mining analysis from October 4th provides the answer:
The latest Newmont Mining figures speak for themselves: there is an urgent need for action for Newmont Mining shareholders. Is it worth getting started or should you sell? In the current free analysis from October 4th you will find out what to do now.
Newmont Mining: Buy or Sell? Read more here…
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