Newmont is the world’s leading gold company and a producer of copper, silver, zinc, and lead. The company has mining operations in North America, South America, Australia, and Africa.
Newmont has eight other operating mines and equity ownership in Pueblo Viejo. Newmont’s base metal reserves increased significantly with the addition of the Goldcorp assets. Newmont’s operations are organized in five geographic regions; North America (Cripple Creek & Victor, Musselwhite, Porcupine and Eleonore, and Penasquito), South America (Yanacocha, Merian, Cerro Negro, and Pueblo Viejo), Australia (Boddington and Tanami), Africa (Ahafo and Akyem), and Nevada (NGM).
Newmont has attributable proven and probable gold reserves of 94.2 million ounces and an aggregate land position of ~22,700 square miles. The company earns about 90% of its revenue from gold and balance 10% from copper, silver, lead, and zinc. Most of the sales come from the sale of refined gold.
Newmont Goldcorp Stock Details
- Ticker: TSE:ngt
- Sector: Basic Materials
- Industry: Gold
- Market Cap: 52.65B
- Market Cap Group: Large Cap
- P/E: 0.00
- Dividend Yield: 2.94%
- Grade: C
- Dividend Aristocrat: NO
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 3/10
- Dividend Income Fit: 6/10
NGT Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| NGT | TSE:NGT | Newmont | 52.65 | 0.00 | 2.94 | NO | 1 | 1 | 46 |
| ABX | TSE:ABX | Barrick Gold | 37.38 | 21.79 | 2.53 | YES | 1 | 1 | 46 |
| AEM | TSE:AEM | Agnico Eagle Mines | 36.63 | 13.30 | 2.93 | YES | 1 | 1 | 46 |
| FNV | TSE:FNV | Franco-Nevada Corp | 29.83 | 31.77 | 1.25 | YES | 1 | 1 | 46 |
| WPM | TSE:WPM | Wheaton Precious Metals Corp | 27.34 | 37.90 | 1.34 | YES | 1 | 1 | 46 |
| K | TSE:K | Kinross Gold | 8.90 | 15.99 | 2.23 | NO | 1 | 1 | 46 |
| YRI | TSE:YRI | Yamana Gold | 7.57 | 21.87 | 2.03 | NO | 1 | 1 | 46 |
| AGI | TSE:AGI | Alamos Gold | 7.16 | 25.31 | 0.75 | NO | 1 | 1 | 46 |
| BTO | TSE:BTO | B2Gold | 4.64 | 113.51 | 6.06 | NO | 1 | 1 | 46 |
| OR | TSE:OR | Osisko Gold Royalties | 4.05 | 0.00 | 1.10 | NO | 1 | 1 | 46 |
| CEE | TSE:CEE | Centamin PLC | 2.08 | 20.02 | 3.03 | NO | 1 | 1 | 46 |
| DPM | TSE:DPM | Dundee Precious Metals | 1.82 | 7.44 | 2.15 | NO | 1 | 1 | 46 |
| CG | TSE:CG | Centerra Gold | 1.63 | 0.00 | 3.70 | NO | 1 | 1 | 46 |
Newmont - FAQ
What is the stock ticker for Newmont?
The stock ticker for Newmont is TSE:ngt.
Is Newmont a good stock to buy?
You need to consider your investment strategy and how TSE:ngt can fit in your portfolio.
The current dividend income score of 6/10 and dividend growth score of 3/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Newmont a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 41 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Newmont?
You can easily buy the NGT stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.