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It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.
Newmont Corporation (NEM)
Colorado-based Newmont Corporation is one of the world's largest producers of gold with several active mines in Nevada, Peru, Australia and Ghana. As of Dec 31, 2024, Newmont had gold mineral reserves of 134.1 million ounces. Its attributable gold production for 2024 was around 6.8 million ounces.
NEM sits at a Zacks Rank #2 (Buy), holds a Value Style Score of B, and has a VGM Score of A. Compared to the Mining - Gold industry's P/E of 14.4X, shares of Newmont Corporation are trading at a forward P/E of 13.9X. NEM also has a PEG Ratio of 1, a Price/Cash Flow ratio of 9.6X, and a Price/Sales ratio of 3.2X.
Many value investors pay close attention to a company's earnings as well. For NEM, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.72 to $4.00 per share for 2025. Per share NEM boasts an average earnings surprise of 32.4%.
NEM should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.
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Newmont Corporation (NEM) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).