Newmont Corporation
NYSE:NEM

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Newmont Corporation
NYSE:NEM
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Price: 40.08 USD -0.35% Market Closed
Market Cap: 45.6B USD
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Newmont Corporation
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Newmont Corporation
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Newmont Corporation
NYSE:NEM
Tax Provision
-$772m
CAGR 3-Years
10%
CAGR 5-Years
4%
CAGR 10-Years
N/A
Coeur Mining Inc
NYSE:CDE
Tax Provision
-$57.5m
CAGR 3-Years
1%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Royal Gold Inc
NASDAQ:RGLD
Tax Provision
-$80.9m
CAGR 3-Years
-14%
CAGR 5-Years
N/A
CAGR 10-Years
-16%
Argonaut Gold Inc
TSX:AR
Tax Provision
-$1.7m
CAGR 3-Years
60%
CAGR 5-Years
27%
CAGR 10-Years
26%
A
Aura Minerals Inc
TSX:ORA
Tax Provision
-$37.9m
CAGR 3-Years
-12%
CAGR 5-Years
-36%
CAGR 10-Years
-9%
I-80 Gold Corp
TSX:IAU
Tax Provision
$7.8m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Newmont Corporation
Glance View

Market Cap
45.9B USD
Industry
Metals & Mining
Economic Moat
None

In the annals of the global mining industry, Newmont Corporation stands out as a formidable titan with deep roots tracing back to 1921. Headquartered in Denver, Colorado, Newmont has evolved through a century marked by strategic expansions and acquisitions, growing into the world's largest gold mining company. Its operations span across numerous continents, strategically situated in politically stable regions such as North America, South America, Australia, and Africa. The company’s intricate dance of extraction begins with its highly-skilled geologists scouring unexplored terrains to locate and evaluate potential resource-rich areas. Post discovery, the company engages in detailed planning, complying with stringent environmental regulations and community agreements, to streamline its mining operations from exploration to development. Newmont’s business model pivots around the life cycle of gold, orchestrating its journey from the mine to the marketplace. The company earns its revenue primarily from the sale of gold, copper, silver, lead, and zinc. Newmont meticulously manages its portfolio of long-life, high-quality assets by employing cutting-edge technologies and advanced mining processes, reducing operational costs while optimizing output. Besides, the corporation engages in hedging activities to mitigate commodity price volatility and secure favorable pricing terms. Through these endeavors, Newmont not only solidifies its leadership in gold mining but also embarks on sustainable practices aimed at minimizing its environmental footprint and fostering community development, thereby harmonizing profitability with social responsibility.

NEM Intrinsic Value
75.78 USD
Undervaluation 47%
Intrinsic Value
Price

See Also

What is Newmont Corporation's Tax Provision?
Tax Provision
-772m USD

Based on the financial report for Sep 30, 2024, Newmont Corporation's Tax Provision amounts to -772m USD.

What is Newmont Corporation's Tax Provision growth rate?
Tax Provision CAGR 5Y
4%

Over the last year, the Tax Provision growth was -38%. The average annual Tax Provision growth rates for Newmont Corporation have been 10% over the past three years , 4% over the past five years .

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