Newmont (NEM) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Newmont (NEM) Stock Forecast for 2024–2028. Sell or Buy?

Updated: May 30, 2024 (07:22)

Sector: Basic materials

The share price of Newmont Corp. (NEM) now

Latest session on the 29th of May for
Newmont Corp. is negative
Trading Volume: 8477714
Open: 41.89 /  High: 42 /  Low: 41.52
What analysts predict: $63.38
52-week High/Low: $44.65 / $29.19

50/200 Day Moving Average: $39.27 / $37.82

This figure corresponds to the Average Price over the previous 50/200 days. For Newmont stocks, the 50-day moving average is the support level today.

For Newmont stocks, the 200-day moving average is the support level today.

Are you interested in Newmont Corp. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Newmont stock price in 2024, 2025, 2026, 2027, 2028. How much will one Newmont share be worth in 2024 - 2028?

When should I take profit in Newmont stock? When should I record a loss on Newmont stock? What are analysts' forecasts for Newmont stock? What is the future of Newmont stock? We forecast Newmont stock performance using neural networks based on historical data on Newmont stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Newmont stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Newmont shares. This happens once a day.


Historical and forecast chart of Newmont stock

The chart below shows the historical price of Newmont stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Newmont stock price can be found in the table below.

Long-term forecasts by years.

Newmont Mining Corporation is an American gold mining company, one of the largest in the world.

Official site of the company

Newmont daily forecast for a month

Date Target Pes. Opt. Vol., %
Jun 01 41.96 41.40 42.62 2.96
Jun 02 42.08 41.76 42.34 1.39
Jun 03 41.39 41.08 41.64 1.37
Jun 04 41.72 41.26 41.99 1.78
Jun 05 42.31 41.89 42.75 2.06
Jun 06 42.77 42.42 43.17 1.77
Jun 07 42.78 42.30 43.31 2.37
Jun 08 42.84 42.36 43.28 2.16
Jun 09 42.01 41.76 42.31 1.31
Jun 10 41.68 41.29 42.29 2.42
Jun 11 40.87 40.50 41.29 1.96
Jun 12 41.23 40.72 41.53 2.00
Jun 13 41.83 41.39 42.02 1.52
Jun 14 41.80 41.59 42.02 1.05
Jun 15 41.94 41.49 42.32 2.00
Jun 16 42.27 41.86 42.55 1.66
Jun 17 42.03 41.68 42.52 2.02
Jun 18 42.64 42.18 42.86 1.62
Jun 19 42.66 42.39 42.92 1.27
Jun 20 42.57 42.03 43.00 2.31
Jun 21 42.55 42.35 42.81 1.09
Jun 22 42.23 41.82 42.40 1.39
Jun 23 42.68 42.08 43.12 2.45
Jun 24 42.71 42.34 43.24 2.14
Jun 25 43.51 42.98 43.69 1.66
Jun 26 43.95 43.61 44.26 1.49
Jun 27 43.56 43.33 43.89 1.29
Jun 28 43.73 43.51 44.39 2.01
Jun 29 43.45 42.86 43.75 2.07
Jun 30 42.86 42.38 43.15 1.82

Newmont Daily Price Targets


Newmont Stock Forecast 06-01-2024.

Forecast target price for 06-01-2024: $41.96.
Positive dynamics for Newmont shares will prevail with possible volatility of 2.875%.
Pessimistic target level: 41.40
Optimistic target level: 42.62

Newmont Stock Forecast 06-02-2024.

Forecast target price for 06-02-2024: $42.08.
Positive dynamics for Newmont shares will prevail with possible volatility of 1.372%.
Pessimistic target level: 41.76
Optimistic target level: 42.34

Newmont Stock Forecast 06-03-2024.

Forecast target price for 06-03-2024: $41.39.
Negative dynamics for Newmont shares will prevail with possible volatility of 1.352%.
Pessimistic target level: 41.08
Optimistic target level: 41.64

Newmont Stock Forecast 06-04-2024.

Forecast target price for 06-04-2024: $41.72.
Positive dynamics for Newmont shares will prevail with possible volatility of 1.748%.
Pessimistic target level: 41.26
Optimistic target level: 41.99

Newmont Stock Forecast 06-05-2024.

Forecast target price for 06-05-2024: $42.31.
Positive dynamics for Newmont shares will prevail with possible volatility of 2.019%.
Pessimistic target level: 41.89
Optimistic target level: 42.75

Newmont Stock Forecast 06-06-2024.

Forecast target price for 06-06-2024: $42.77.
Positive dynamics for Newmont shares will prevail with possible volatility of 1.744%.
Pessimistic target level: 42.42
Optimistic target level: 43.17

NEM (NEM) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 44.67 43.37 48.11 9.84
Jul. 47.75 44.65 50.61 11.79
Aug. 48.85 46.06 50.36 8.54
Sep. 44.55 43.66 46.37 5.86
Oct. 41.70 38.36 42.74 10.24
Nov. 40.95 38.49 43.57 11.65
Dec. 44.06 42.87 46.35 7.51

Newmont forecast for this year


Newmont Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $44.6667. Pessimistic: $43.37. Optimistic: $48.11


Newmont Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $47.7487. Pessimistic: $44.65. Optimistic: $50.61


Newmont Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $48.8469. Pessimistic: $46.06. Optimistic: $50.36


Newmont Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $44.5484. Pessimistic: $43.66. Optimistic: $46.37


Newmont Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $41.6973. Pessimistic: $38.36. Optimistic: $42.74


Newmont Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $40.9468. Pessimistic: $38.49. Optimistic: $43.57


Newmont Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $44.0587. Pessimistic: $42.87. Optimistic: $46.35



Newmont (NEM) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 44.63 42.67 46.46 8.17
Feb 44.85 41.54 47.99 13.46
Mar 48.04 46.36 50.87 8.88
Apr 43.48 41.26 45.30 8.93
May 39.35 36.32 40.68 10.73
Jun 38.52 37.33 39.71 6.01
Jul 41.60 40.56 44.06 7.93
Aug 43.89 42.40 47.27 10.31
Sep 42.57 40.49 43.93 7.85
Oct 42.87 40.47 43.73 7.45
Nov 41.58 39.80 43.75 9.03
Dec 45.74 42.77 47.89 10.70

Newmont (NEM) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 43.32 42.15 46.13 8.64
Feb 39.85 37.94 40.77 6.94
Mar 39.69 37.79 41.20 8.29
Apr 41.64 40.68 44.55 8.69
May 44.09 42.46 45.90 7.49
Jun 44.23 42.24 46.62 9.39
Jul 45.47 42.65 47.51 10.24
Aug 47.24 46.10 50.83 9.29
Sep 47.00 44.89 50.62 11.33
Oct 42.87 41.62 44.80 7.08
Nov 41.24 38.06 42.31 10.04
Dec 40.74 37.81 43.15 12.37

Newmont (NEM) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 40.62 38.02 42.49 10.52
Feb 42.29 41.44 44.40 6.67
Mar 43.43 40.00 44.73 10.58
Apr 41.95 38.85 45.01 13.70
May 42.87 39.92 45.15 11.59
Jun 44.12 40.72 45.53 10.56
Jul 45.35 44.17 46.89 5.80
Aug 44.90 42.43 47.73 11.10
Sep 42.83 39.45 44.29 10.93
Oct 39.88 39.00 41.31 5.60
Nov 38.88 36.78 41.21 10.75
Dec 38.96 37.71 41.88 9.95

Newmont (NEM) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 40.60 39.78 43.27 8.07
Feb 42.87 41.97 46.04 8.85
Mar 43.73 42.68 45.39 5.97
Apr 43.07 41.30 45.31 8.84
May 41.69 40.82 42.69 4.39
Jun 42.57 41.12 45.04 8.70
Jul 44.18 42.86 46.00 6.82
Aug 43.21 41.44 44.94 7.79
Sep 40.88 38.84 41.78 7.05
Oct 42.31 39.81 44.85 11.23
Nov 41.34 38.15 42.49 10.21
Dec 39.19 36.72 41.73 12.02

Newmont information and performance

Newmont Address

6363 SOUTH FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE, CO, US

Market Capitalization: 48 408 814 000 $

Market capitalization of the Newmont Corp. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of NEM shares in the company outstanding by the market price of one share.

EBITDA: 3 724 000 000 $

EBITDA of Newmont is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.787

Price/earnings to growth

DPS: 1.3

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0238

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -3.27

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.661
Quarterly Revenue Growth YOY: 0.502
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 15.2

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 4.314

Enterprise Value (EV) /Revenue

EV To EBITDA: 159.23

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 1153140000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Newmont (NEM) stock dividend

Newmont last paid dividends on 06/04/2024. The next scheduled payment will be on 06/27/2024. The amount of dividends is $1.3 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.