Newmont Mining (NEM, $35.39) beats Q4 earnings estimates, but full-year sales suffer
Newmont Mining Corp.’s fourth quarter earnings edged past analysts’ expectations, 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 a FactSet survey). Adjusted total earnings of $214 million was higher than the year-ago quarter’s $206 million.
Newmont’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.
Aroon Indicator for NEM shows an upward move is likely
NEM's Aroon Indicator triggered a bullish signal on June 12, 2025. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 238 similar instances where the Aroon Indicator showed a similar pattern. In of the 238 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
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 56 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 June 11, 2025. You may want to consider a long position or call options on NEM as a result. In of 82 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 June 12, 2025. Looking at past instances where NEM's MACD turned positive, the stock continued to rise in of 56 cases over the following month. The odds of a continued upward trend are .
NEM moved above its 50-day moving average on May 15, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NEM advanced for three days, in of 294 cases, the price rose further within the following month. The odds of a continued upward trend are .
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 .
NEM broke above its upper Bollinger Band on June 02, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding 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 SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable 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.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued 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 (1.447) is normal, around the industry mean (7.070). P/E Ratio (36.254) is within average values for comparable stocks, (89.884). Projected Growth (PEG Ratio) (1.556) is also within normal values, averaging (10.566). Dividend Yield (0.040) settles around the average of (0.039) among similar stocks. P/S Ratio (2.594) is also within normal values, averaging (147.776).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NEM’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 84, placing this stock worse than average.
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General Information
a company which explores and mines for gold and silver
Industry PreciousMetals
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