Newmont Mining (NEM) vs. The Competition Head to Head Analysis
Newmont Mining (NYSE: NEM) is one of 61 publicly-traded companies in the “Gold Mining” industry, but how does it compare to its competitors? We will compare Newmont Mining to related companies based on the strength of its risk, profitability, valuation, analyst recommendations, dividends, institutional ownership and earnings.
Valuation & Earnings
This table compares Newmont Mining and its competitors gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Newmont Mining||$6.71 billion||-$627.00 million||53.13|
|Newmont Mining Competitors||$2.41 billion||-$32.21 million||169.33|
Insider & Institutional Ownership
82.0% of Newmont Mining shares are held by institutional investors. Comparatively, 44.2% of shares of all “Gold Mining” companies are held by institutional investors. 0.3% of Newmont Mining shares are held by company insiders. Comparatively, 7.9% of shares of all “Gold Mining” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
This table compares Newmont Mining and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Newmont Mining Competitors||-2,998.75%||-8.66%||-3.99%|
This is a summary of current recommendations for Newmont Mining and its competitors, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Newmont Mining Competitors||471||1831||2141||48||2.39|
Newmont Mining currently has a consensus price target of $40.70, suggesting a potential upside of 9.43%. As a group, “Gold Mining” companies have a potential upside of 49.56%. Given Newmont Mining’s competitors higher possible upside, analysts clearly believe Newmont Mining has less favorable growth aspects than its competitors.
Newmont Mining pays an annual dividend of $0.30 per share and has a dividend yield of 0.8%. Newmont Mining pays out 42.9% of its earnings in the form of a dividend. As a group, “Gold Mining” companies pay a dividend yield of 0.9% and pay out 56.7% of their earnings in the form of a dividend.
Volatility and Risk
Newmont Mining has a beta of 0.11, meaning that its share price is 89% less volatile than the S&P 500. Comparatively, Newmont Mining’s competitors have a beta of -0.14, meaning that their average share price is 114% less volatile than the S&P 500.
Newmont Mining beats its competitors on 9 of the 15 factors compared.
Newmont Mining Company Profile
Newmont Mining Corporation is a mining company, which is focused on the production of and exploration for gold and copper. The Company is primarily a gold producer with operations and/or assets in the United States, Australia, Peru, Ghana and Suriname. The Company’s segments include North America, South America, Asia Pacific and Africa. The Company’s North America segment consists primarily of Carlin, Phoenix, Twin Creeks and Long Canyon in the state of Nevada, and Cripple Creek &Victor (CC&V) in the state of Colorado, in the United States. The Company’s South America segment consists primarily of Yanacocha in Peru and Merian in Suriname. The Company’s Asia Pacific segment consists primarily of Boddington, Tanami and Kalgoorlie in Australia. The Company’s Africa segment consists primarily of Ahafo and Akyem in Ghana. As of December 31, 2016, it had gold reserves of 68.5 million ounces and an aggregate land position of approximately 23,000 square miles (59,000 square kilometers).
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