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NEM Price Correlated With Financials For Newmont

Free historical financial statements for Newmont Goldcorp. See how revenue, income, cash flow, and balance sheet financials have changed over 55 quarters since 2009. Compare with NEM stock chart to see long term trends.

NEM Stock Compared to Quarterly

NEM Income Statement

Revenue, Net:2634000000
Revenue Per Share:3.3174
Cost of Goods & Services Sold:1545000000
Selling, General & Admin Expense:73000000
Research & Development Expense:80000000
Total Operating Expenses:2339000000
Operating Income:296000000
Income Taxes:96000000
Net Income:220000000
Earnings Per Share, Basic:0.28
Shares Outstanding, Basic Avg:794000000

NEM Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:508000000
Change in Accounts Receiveable:-88000000
Net Cash from Operations:473000000
Net Cash from Operations Per Share:0.5957
Repurchases/Buybacks Common Stock:null
Cash Dividends Paid:437000000
Net Cash from Financing Activities:-460000000
Property, Plant & Equipment Purchases:529000000
Net Cash from Investing Activities:-1223000000
Net Change in Cash & Equivalents:-1230000000

NEM Balance Sheet

Cash and Cash Equivalents:3140000000
Short-Term Investments:755000000
Accounts Receivable, Net:289000000
Total Current Assets:6320000000
Property, Plant & Equipment, Net:24150000000
Total Assets:39143000000
Accounts Payable:570000000
Current Portion of Long-Term Debt:0
Total Short-Term Liabilities:2324000000
Long Term Debt, Non-Current Portion:5569000000
Total Liabilities:17743000000

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Blackrock Inc.
91,118,622 sh
-2,833,395 sh
-3%
$3,829,715
-$1,776,402
Vanguard Group Inc
68,435,452 sh
561,193 sh
1%
$2,876,343
-$1,173,715
State Street Corp
40,572,548 sh
100,447 sh
0%
$1,705,264
-$709,706
Van Eck Associates Corp
33,136,774 sh
260,505 sh
1%
$1,392,739
-$568,988
First Eagle Investment Management, LLC
17,855,485 sh
353,788 sh
2%
$750,466
-$293,860
Deutsche Bank Ag\
16,497,282 sh
1,133,461 sh
7%
$693,381
-$223,378
Charles Schwab Investment Management Inc
14,876,066 sh
974,174 sh
7%
$625,241
-$204,286
Flossbach Von Storch Ag
14,539,437 sh
-217,360 sh
-1%
$611,093
-$269,445
Geode Capital Management, LLC
14,521,994 sh
670,524 sh
5%
$611,017
-$215,326
Amundi
13,157,914 sh
5,474,217 sh
71%
$577,636
$143,739
FMR LLC
13,053,465 sh
-13,806,080 sh
-51%
$548,638
-$1,054,071
Northern Trust Corp
10,440,377 sh
-368,003 sh
-3%
$438,810
-$419,915
Invesco Ltd.
9,303,456 sh
680,524 sh
8%
$391,023
-$123,506
Morgan Stanley
9,041,307 sh
330,878 sh
4%
$380,006
-$139,746
Bank Of New York Mellon Corp
7,202,140 sh
-981,763 sh
-12%
$302,707
-$185,626
Neuberger Berman Group LLC
6,532,751 sh
2,602,396 sh
66%
$274,555
$39,865
Legal & General Group Plc
6,406,308 sh
-192,624 sh
-3%
$269,426
-$125,236
Dimensional Fund Advisors LP
6,220,683 sh
336,914 sh
6%
$261,443
-$89,797
Caisse De Depot Et Placement Du Quebec
5,815,988 sh
1,326,718 sh
30%
$244,538
-$112,211
Bank Of America Corp /De/
5,777,654 sh
5,534,054 sh
2272%
$242,835
$228,299
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

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