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Are you looking to buy Newmont stocks? Chech our BAMagazine with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy NYSE:NEM! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Newmont stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
Newmont Corporation engages in the production and exploration of gold, 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, 2019, it had proven and probable gold reserves of 100.2 million ounces and land position of 68,300 square kilometers. The company has a strategic alliance agreement with Kirkland Lake Gold Ltd. to assess regional exploration opportunities around the company’s Timmins properties and Kirkland’s Holt Complex in Ontario, Canada. Newmont Corporation was founded in 1916 and is headquartered in Denver, Colorado.
Average volume
6.68 million shs
MARKET CAP
$48.50 billion
Stock exchange
NYSE
Buy this stock!
- Stephen Johnson
- November 11, 2021
- No Comments
How to buy Newmont stocks?
Below is a quick guide on how to buy NYSE:NEM stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Newmont shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Newmont – Search for “”NYSE:NEM”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Newmont stocks with 0% commission!.
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Is Newmont a buy right now?
15 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Newmont in the last twelve months. There are currently 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “buy” Newmont stock.
What stocks does BAMagazine like better than Newmont?
Wall Street analysts have given Newmont a “Buy” rating, but there may be better short-term opportunities in the market. Some of BAMagazine’s past winning trading ideas have resulted in 5-15% weekly gains. BAMagazine just released five new trading ideas, but Newmont wasn’t one of them. BAMagazine thinks five stocks may be even better buys in the how to buy stocks guide.
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How to buy Newmont stocks step by step guide
It can be difficult to navigate through all the outdated and incorrect information related to purchasing NYSE:NEM stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Newmont stocks with a step by step approach.
Step 1: Open an Account with a Broker
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Newmont stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Step 2: Verify your Account
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Step 3: Fund your eToro Account
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Step 4: Search for Newmont stocks
Now that you’ve funded your eToro account, just type “NYSE:NEM stocks” into the search bar at the top of the screen and press “trade”.
Step 5: Buy NYSE:NEM
All that’s left is to buy some NYSE:NEM stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
How And Where To Buy Stocks Conclusion
All in all, NYSE:NEM is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Newmont stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
When is Newmont’s next earnings date?
Newmont is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Newmont.
How can I listen to Newmont’s earnings call?
Newmont will be holding an earnings conference call on Thursday, February 18th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
How were Newmont’s earnings last quarter?
Newmont Co. (NYSE:NEM) released its quarterly earnings results on Thursday, October, 29th. The basic materials company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.07. The basic materials company earned $3.17 billion during the quarter, compared to analyst estimates of $3.24 billion. Newmont had a trailing twelve-month return on equity of 7.37% and a net margin of 23.19%. Newmont’s revenue was up 16.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.36 earnings per share.
View Newmont’s earnings history.
How has Newmont’s stock been impacted by Coronavirus?
Newmont’s stock was trading at $46.02 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NEM shares have increased by 31.0% and is now trading at $60.27.
Where to Buy Newmont Stocks Broker Reviews
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying NYSE:NEM stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
- eToro takes pride in keeping their customers safe, they follow strict data protection rules to keep access to sensitive information to a minimum. Any of the information you provide eToro is even protected by SSL encryption, this ensures that even if someone were to gain access to the servers all your data remains safe.
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
Excellent for both new and experienced traders
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
How often does Newmont pay dividends? What is the dividend yield for Newmont?
Newmont announced a quarterly dividend on Wednesday, October 28th. Stockholders of record on Friday, December 11th will be paid a dividend of $0.40 per share on Monday, December 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date is Thursday, December 10th. This is an increase from Newmont’s previous quarterly dividend of $0.25.
View Newmont’s dividend history.
Is Newmont a good dividend stock?
Newmont pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.70%. The dividend payout ratio of Newmont is 121.21%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Newmont will have a dividend payout ratio of 38.55% next year. This indicates that Newmont will be able to sustain or increase its dividend.
View Newmont’s dividend history.
Compliance
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
How will Newmont’s stock buyback program work?
Newmont announced that its Board of Directors has initiated a stock repurchase plan on Monday, December 2nd 2019, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 3.2% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its shares are undervalued.
What price target have analysts set for NEM?
15 Wall Street analysts have issued twelve-month price objectives for Newmont’s stock. Their forecasts range from $57.00 to $97.00. On average, they expect Newmont’s share price to reach $72.97 in the next twelve months. This suggests a possible upside of 21.1% from the stock’s current price.
View analysts’ price targets for Newmont or view top-rated stocks among Wall Street analysts.
What are Wall Street analysts saying about Newmont stock?
Here are some recent quotes from research analysts about Newmont stock:
1. According to Zacks Investment Research, “Newmont’s profits declined year over year in third-quarter 2020. Adjusted earnings beat the Zacks Consensus Estimate, while sales trailed the same. Newmont is making notable progress with its growth projects. The company is likely to gain from a number of projects including the Tanami expansion, Subika Underground and Ahafo mill expansion. Moreover, the merger with Goldcorp is expected to be value-accretive to its cash flow and generate significant synergies. Higher gold prices are expected to continue to support margins amid market volatility. Moreover, the company is making progress with efficiency improvement programs. Efforts to lower debt level also bode well. However, the company’s higher expected production cost is likely to weigh on margins in 2020. Lower expected demand and declining production are other concerns.” (11/25/2020)
2. Fundamental Research analysts commented, “Fundamental Research Corp has issued a report entitled “Senior Gold Producers– Q2 Earnings Update (NYSE: NEM, GOLD, AU) Higher realized prices more than offset production declines Fundamental Research” and dated August 13, 2020. The full report is now at www.researchfrc.com.” (8/13/2020)
Are investors shorting Newmont?
Newmont saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 7,400,000 shares, an increase of 15.3% from the December 31st total of 6,420,000 shares. Based on an average trading volume of 6,220,000 shares, the short-interest ratio is presently 1.2 days. Approximately 0.9% of the shares of the stock are short sold.
View Newmont’s Short Interest.
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Who are Newmont’s key executives?
Newmont’s management team includes the following people:
Mr. Thomas Ronald Palmer, Pres, CEO & Director (Age 53, Pay $2.35M)
Ms. Nancy K. Buese CPA, Exec. VP & CFO (Age 51, Pay $1.67M)
Mr. Robert D. Atkinson, Exec. VP & COO (Age 52, Pay $1.58M)
Mr. Randy Engel, Exec. VP of Strategic Devel. (Age 54, Pay $1.44M)
Mr. Stephen P. Gottesfeld, Exec. VP and Chief Sustainability & External Affairs Officer (Age 53, Pay $1.17M)
Mr. David W. McLaren, VP of Investments & Value Management (Age 61)
Mr. John W. Kitlen, VP, Controller & Chief Accounting Officer (Age 57)
Mr. Dean R. Gehring, Exec. VP & CTO (Age 52)
Mr. Luis Maximo Canepari, VP & Chief Information Officer
Ms. Nancy Lipson, Exec. VP & Gen. Counsel (Age 51)
What is Tom Palmer’s approval rating as Newmont’s CEO?
15 employees have rated Newmont CEO Tom Palmer on Glassdoor.com. Tom Palmer has an approval rating of 97% among Newmont’s employees. This puts Tom Palmer in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
Who are some of Newmont’s key competitors?
Some companies that are related to Newmont include Royal Gold (RGLD), NovaGold Resources Inc. (NG.TO) (NG), Gold Resource (GORO), Trevali Mining (TV) and Vista Gold (VGZ).
View all of NEM’s competitors.
What other stocks do shareholders of Newmont own?
Based on aggregate information from BAMagazine watchlists, some companies that other Newmont investors own include NVIDIA (NVDA), Cisco Systems (CSCO), Barrick Gold (GOLD), Intel (INTC), Micron Technology (MU), Advanced Micro Devices (AMD), AT&T (T), QUALCOMM (QCOM), AbbVie (ABBV) and The Walt Disney (DIS).
What is Newmont’s stock symbol?
Newmont trades on the New York Stock Exchange (NYSE) under the ticker symbol “NEM.”
Who are Newmont’s major shareholders?
Newmont’s stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.65%), FMR LLC (3.04%), California Public Employees Retirement System (0.81%), Swiss National Bank (0.67%), Sumitomo Mitsui Trust Holdings Inc. (0.43%) and Gabelli Funds LLC (0.32%). Company insiders that own Newmont stock include Dean Gehring, E Randall Engel, Elaine J Dorward-King, Gary J Goldberg, Jennifer Cmil, John Kitlen, Nancy Buese, Nancy Lipson, Robert D Atkinson, Scott P Lawson, Stephen P Gottesfeld, Thomas Ronald Palmer and William N Macgowan.
View institutional ownership trends for Newmont.
More information
At BAMagazine.com we want to make sure that you have all the most relevant information about buying stocks. We bring you the best guides about the stock market with personal reviews, background information, platform reviews, how to’s and more. Want to get other information? Then check out the OTC stocks, NASDAQ stocks, NYSE stocks, LON stocks, FRA stocks, ETR stocks, EPA stocks, TSX stocks or Amex stocks. Looking for more detailed info like 5g stocks, biotech stocks, gold stocks and other information out of our reportlab.
Frequently asked questions
How to buy Newmont stocks?
The safest and easiest way to buy NYSE:NEM stocks is by using a regulated broker like eToro or DEGiro. You can open an account with the platform, make a deposit and buy this stock in under 5 minutes from start to finish.
Opening an account with one of these brokers is a smart move, they have been active for more then 10 years, are very safe to use and they have the best platform for novice and experienced traders. If you want to learn more then we suggest you to read our eToro or DeGiro guides.
Where to buy Newmont stock?
You will first want to find a licensed broker that supports Newmont stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading NYSE:NEM stocks in a safe and complete environment.
Is NYSE:NEM stock a good investment?
As with any other asset, there is an element of risk associated with buying NYSE:NEM stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Newmont stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with NYSE:NEM is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Newmont stock.
How do you trade Newmont stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Newmont stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on NYSE:NEM stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Newmont stock?
To sell your NYSE:NEM stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Newmont stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading NYSE:NEM stock.
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Stephen Johnson
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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