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Newmont Corporation (NEM) is Attracting Investor Attention: Here is What You Should Know

Newmont (NEM) is among the most-searched stocks on Zacks.com. Its shares lost 10.3% over the past month, versus a 1.2% decline in the Zacks S&P 500 composite and a 16.8% drop in the Zacks Mining - Gold industry. Consensus EPS for the current quarter is $2.05, down 18.7% year over year, while the current fiscal-year estimate of $9.07 implies a 31.6% rise, and the Zacks Rank is #3 (Hold). Last quarter, revenue was $6.36 billion (+15.2%) and EPS was $2.2, beating consensus by 5.87% on revenue and 13.4% on EPS; the stock has a Value Style Score grade of C, indicating it trades at par with its peers.

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