Newmont Goldcorp Corp Stock Today
| NGT Stock | CAD 58.91 0.08 0.14% |
Performance0 of 100
| Odds Of DistressLess than 33
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Newmont Goldcorp is selling at 58.91 as of the 29th of November 2024; that is 0.14% down since the beginning of the trading day. The stock's open price was 58.99. Newmont Goldcorp has about a 33 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Newmont Goldcorp Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of June 2023 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Newmont Goldcorp Corporation, together with its subsidiaries, operates in the mining industry. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado. NEWMONT GOLDCORP operates under Gold classification in Canada and is traded on Toronto Stock Exchange. The company has 1.14 B outstanding shares of which 397.38 K shares are now shorted by private and institutional investors with about 1.39 days to cover all short positions. More on Newmont Goldcorp Corp
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Newmont Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Newmont Goldcorp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Newmont Goldcorp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Newmont Goldcorp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Newmont Goldcorp's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO President | Thomas Palmer | ||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | ||||
Newmont Goldcorp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Newmont Goldcorp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsNewmont Goldcorp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Newmont Goldcorp's financial leverage. It provides some insight into what part of Newmont Goldcorp's total assets is financed by creditors.
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Newmont Goldcorp Corp (NGT) is traded on Toronto Exchange in Canada and employs 21,700 people. Newmont Goldcorp is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 67.27 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Newmont Goldcorp's market, we take the total number of its shares issued and multiply it by Newmont Goldcorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Newmont Goldcorp Corp operates under Metals & Mining sector and is part of Materials industry. The entity has 1.14 B outstanding shares of which 397.38 K shares are now shorted by private and institutional investors with about 1.39 days to cover all short positions.
Newmont Goldcorp Corp has accumulated about 1.85 B in cash with 2.76 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.26.
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Ownership AllocationNewmont Goldcorp Corp maintains a total of 1.14 Billion outstanding shares. The majority of Newmont Goldcorp outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Newmont Goldcorp Corp to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Newmont Goldcorp Corp. Please pay attention to any change in the institutional holdings of Newmont Goldcorp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Newmont Goldcorp Corp Risk Profiles
Although Newmont Goldcorp's alpha and beta are two of the key measurements used to evaluate Newmont Goldcorp's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.44 | |||
| Standard Deviation | 2.44 | |||
| Variance | 5.96 | |||
| Risk Adjusted Performance | (0.07) |
Newmont Stock Against Markets
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Our tools can tell you how much better you can do entering a position in Newmont Goldcorp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Newmont Goldcorp Corporate Management
Elected by the shareholders, the Newmont Goldcorp's board of directors comprises two types of representatives: Newmont Goldcorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Newmont. The board's role is to monitor Newmont Goldcorp's management team and ensure that shareholders' interests are well served. Newmont Goldcorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Newmont Goldcorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| EMBA BEng | Executive Officer | Profile | |
| Suzanne Retallack | Executive Officer | Profile | |
| Scott Sullivan | Chief Officer | Profile | |
| Peter JD | Executive Officer | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newmont Goldcorp Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.