Newmont Corporation (NEM)

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Newmont Corporation (NEM) is down 5.4% since the beginning of the year. At $94 per share, NEM is trading 30.3% below its 52-week high of $135. Investors who bought $1,000 worth of NEM shares 5 years ago would now be looking at an investment worth $1,734.

Newmont Corporation (NEM) has returned -5.41% so far this year and 63.61% over the past 12 months. Over the last ten years, NEM has returned 12.44% per year, falling short of the S&P 500 Index benchmark, which averaged 13.70% annually.

Based on dividend-adjusted daily data since Apr 6, 1983, NEM's average daily return is +0.05%, while the average monthly return is +1.05%. At this rate, an investment would double in approximately 5.5 years.

Historically, 52% of months were positive and 48% were negative. The best month was Sep 1998 with a return of +77.1%, while the worst month was Oct 1987 at -63.7%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 7 months.

On a daily basis, NEM closed higher 48% of trading days. The best single day was Nov 21, 2008 with a return of +25.2%, while the worst single day was Oct 9, 1987 at -34.8%.

Newmont Corporation has an annualized alpha of 8.95%, beta of 0.40, and R2 of 0.03 versus S&P 500 Index. Calculated based on daily prices since April 06, 1983.

• This stock participated in 58.99% of S&P 500 Index downside but only 48.41% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.40 may look defensive, but with R2 of 0.03 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.03 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

NEM ranks 77 for risk / return — better than 77% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

Newmont Corporation provided a 1.08% dividend yield over the last twelve months, with an annual payout of $1.02 per share.

The table displays the monthly dividend distributions for Newmont Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Newmont Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Newmont Corporation was 81.30%, occurring on Oct 25, 2000. Recovery took 2490 trading sessions.

The current Newmont Corporation drawdown is 28.42%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Newmont Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Newmont Corporation is priced in the market compared to other companies in the Gold industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.