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NEM Stock Price Correlated With Newmont Financials

NEM Stock Price vs. Quarterly
NEM
Income Statement
Cash Flow
Balance Sheet

NEM Income Statement

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Revenue, Net:
Revenue Per Share:
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
Operating Income:
Income Taxes:
Net Income:
Earnings Per Share, Diluted:
Earnings Per Share, Basic:
Shares Outstanding, Basic Avg:
Shares Outstanding, Diluted Avg:
Common Stock Shares Outstanding:

NEM Cash Flow

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Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Net Cash from Operations Per Share:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
Net Cash from Financing Activities:
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
Net Change in Cash & Equivalents:

NEM Balance Sheet

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Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
Total Short-Term Liabilities:
Long Term Debt, Non-Current Portion:
Total Long-Term Liabilities:
Total Liabilities:

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Blackrock.
119,116,634 sh
26,292,080 sh
28%
$4,930,237
$1,500,370
Vanguard Group
118,749,913 sh
36,170,985 sh
44%
$4,915,059
$1,863,769
Van Eck Associates
51,290,469 sh
18,664,614 sh
57%
$2,123
$918
State Street
50,628,273 sh
13,163,239 sh
35%
$2,095,504
$711,171
Charles Schwab Investment Management
24,639,109 sh
7,635,657 sh
45%
$1,019,813
$391,535
First Eagle Investment Management
23,756,158 sh
5,475,155 sh
30%
$983,268
$307,785
Geode Capital Management
21,704,341 sh
6,840,574 sh
46%
$896,602
$347,580
Deutsche Bank Ag\
18,760,234 sh
321,528 sh
2%
$776,487
$95,177
Bank Of New York Mellon
16,607,005 sh
10,739,182 sh
183%
$687,362
$470,545
Norges Bank
14,604,963 sh
14,604,963 sh
NEW
$604,516
$604,516
Northernrp
12,988,497 sh
2,671,774 sh
26%
$537,593
$156,391
Amundi
10,658,466 sh
2,560,436 sh
32%
$412,269
$92,961
Morgan Stanley
10,300,690 sh
-605,869 sh
-6%
$426,346
$23,349
FMR
9,142,442 sh
-1,543,904 sh
-14%
$378,407
-$16,453
UBS Asset Management Americas
8,621,715 sh
3,236,661 sh
60%
$356,852
$157,874
Invesco.
8,296,429 sh
468,759 sh
6%
$343,390
$54,160
Legal & General Group Plc
8,225,247 sh
1,754,854 sh
27%
$340,615
$101,410
Neuberger Berman Group
7,858,991 sh
-1,728,356 sh
-18%
$325,366
-$28,906
Barclays Plc
7,830,146 sh
5,094,163 sh
186%
$323
$222
Susquehanna International Group,
Call options for 6,935,800 sh
6,935,800 sh
NEW
$287,072
$287,072
COMPANY PROFILE
THE COMPANY Newmont Corporation and its affiliates and subsidiaries (collectively, “Newmont,” “we,” “us” or the “Company”) predominantly operate in the mining industry, focused on the production of and exploration for gold properties, some of which may contain copper, silver, zinc, lead or other metals. The Company has significant operations and/or assets in the United States (“U.S.”), Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia and Ghana. The cash flow and profitability of the Company’s operations are significantly affected by the market price of gold, copper, silver, lead and zinc. The prices of gold, copper, silver, lead and zinc are affected by numerous factors beyond the Company’s control.

References to “C$” refer to Canadian currency.

Goldcorp

On April 18, 2019, Newmont completed the business acquisition of Goldcorp, Inc. (“Goldcorp”), an Ontario corporation. The Company acquired all outstanding common shares of Goldcorp in a primarily stock transaction (the “Newmont Goldcorp transaction”) for total cash and non-cash consideration of $9,456. Refer to Note 3 for further information.

Nevada Gold Mines

On July 1, 2019, ("the effective date") Newmont and Barrick consummated the Nevada JV Agreement and established Nevada Gold Mines LLC ("NGM"), which combined the Company’s Nevada mining operations with Barrick’s Nevada mining operations.

As of the effective date, the Company contributed its existing Nevada mining operations, which included Carlin, Phoenix, Twin Creeks and Long Canyon, to NGM in exchange for a 38.5% interest in NGM. The interest received in NGM was accounted for at fair value, and accordingly, the Company recognized a gain of $2,390 during 2019 as Gain on formation of Nevada Gold Mines . The gain represents the difference between the fair value of the Company’s interest in NGM and the carrying value of the Nevada mining operations contributed to NGM. The Company accounts for its interest in NGM using the proportionate consolidation method, which is an exception available to entities in the extractive industries, thereby recognizing its pro-rata share of the assets, liabilities and operations of NGM.

On October 14, 2021, NGM and i-80 Gold Corp completed an exchange transaction pursuant to which NGM acquired the remaining 40% interest in the South Arturo property, obtained an option to acquire the adjacent Rodeo Creek exploration property, received contingent consideration of up to $50 on meeting specific production targets, and obtained the release of NGM bonds in exchange for i-80 bonding, in exchange for the Lone Tree and Buffalo mountain properties and related infrastructure. As a result of the exchange, the Lone Tree property was remeasured to fair value resulting in the recognition of a gain of $79 by the Company which represents its 38.5% interest in NGM, included in Gain on asset and investment sales, net .

GT Gold

At December 31, 2020, marketable and other equity securities included the 14.9% of equity interest held in GT Gold Corporation (“GT Gold”). In May 2021, the Company completed the acquisition of the remaining 85.1% of GT Gold for cash consideration, including related transaction costs, of $326. The asset acquisition resulted in total consideration of $378, including non-cash consideration of $52. The non-cash consideration represents the fair value of the 14.9% GT Gold investment held by the Company on the acquisition date. The total consideration paid was allocated to the acquired assets and assumed liabilities based on their estimated fair values on the acquisition date, which primarily consisted of mineral interests of $590 and a related deferred tax liability of $211.

Noncontrolling Interests

Newmont has a 75.0% economic interest in Suriname Gold project C.V. (“Merian”), with the remaining interests held by Staatsolie Maatschappij Suriname N.V. (“Staatsolie”), a company wholly owned by the Republic of Suriname. Newmont consolidates Merian, thro

Free historical financial statements for Newmont Goldcorp. See how revenue, income, cash flow, and balance sheet financials have changed over 60 quarters since 2009. Compare with NEM stock chart to see long term trends.

Data imported from Newmont Goldcorp SEC filings. Check original filings before making any investment decision.