Newmont Mining (NEM, $35.39) beat Q4 earnings estimates; but lower metal prices drag full-year sales
Newmont Mining Corp.’s fourth quarter earnings edged past analysts’ expectation, on the back of strong gold and copper output coupled with operational cost reduction.
The mining company raked in earnings of 40 cents a share in the quarter, compared to analysts’ expected 25 cents (based on FactSet survey). Adjusted total earnings of $214 million was higher than the year-ago quarter’s $206 million.
Newport’s revenue increased to $2.05 billion from the year-ago quarter’s $1.94 billion, with attributable gold production rising +8% year-over-year in the quarter.
For the full year 2018, Newmont’s adjusted earnings came in at $718 million (or $1.35 a share), lower than 2017’s $774 million (or $1.45 a share). Revenue for the full year declined to $7.25 billion compared to $7.38 billion in 2017 – something that the company attributed to lower realized average metal prices partly offsetting the increase in gold output.
NEM sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for NEM moved below the 200-day moving average on July 16, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NEM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for NEM entered a downward trend on July 22, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 58 cases where NEM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on July 22, 2026. You may want to consider a long position or call options on NEM as a result. In of 76 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for NEM just turned positive on July 22, 2026. Looking at past instances where NEM's MACD turned positive, the stock continued to rise in of 58 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NEM advanced for three days, in of 321 cases, the price rose further within the following month. The odds of a continued upward trend are .
NEM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 72, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NEM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.927) is normal, around the industry mean (3.447). P/E Ratio (12.419) is within average values for comparable stocks, (64.692). Projected Growth (PEG Ratio) (2.781) is also within normal values, averaging (2.505). Dividend Yield (0.011) settles around the average of (0.016) among similar stocks. P/S Ratio (4.211) is also within normal values, averaging (6.935).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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General Information
a company which explores and mines for gold and silver
Industry PreciousMetals
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