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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Gross Margin
Newmont Corporation

47.8%
Current
48%
Average
17.8%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
47.8%
=
Gross Profit
8.1B
/
Revenue
17B

Gross Margin Across Competitors

Country US
Market Cap 45.9B USD
Gross Margin
48%
Country RU
Market Cap 70.4T USD
Gross Margin
62%
Country ZA
Market Cap 232.3B Zac
Gross Margin
37%
Country ZA
Market Cap 100.9B Zac
Gross Margin
28%
Country CN
Market Cap 410.9B CNY
Gross Margin
17%
Country CA
Market Cap 59.1B CAD
Gross Margin
60%
Country CA
Market Cap 40.7B CAD
Gross Margin
34%
Country CA
Market Cap 38.8B CAD
Gross Margin
60%
Country CA
Market Cap 32.7B CAD
Gross Margin
66%
Country RU
Market Cap 1.8T RUB
Gross Margin
70%
Country CN
Market Cap 106B CNY
Gross Margin
14%
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

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
47.8%
=
Gross Profit
8.1B
/
Revenue
17B
What is the Gross Margin of Newmont Corporation?

Based on Newmont Corporation's most recent financial statements, the company has Gross Margin of 47.8%.