$ 69.33
Key Takeaways
Risk factor
Low default risk
Profitability factor
Strong growth
About
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2021, it had proven and probable gold reserves of 92.8 million...
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on E
Target Price
The average target price of NEM is 73 and suggests 6% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation sugg
