Newmont (NEM) stock forecast for 2023. Forecast tables and graphs.

Newmont (NEM) stock forecast for 2023

The forecast has been updated: July 28, 2021 8:39


Newmont stock price online today

Analyst Target Price

75.89

Dividend Date

23.09.2021

Ex Dividend Date

08.09.2021

Last Split Factor

5:4

Last Split Date

22.04.1994

Should you buy or sell Newmont stock stock today? What is the projected target price level for 2023? How much will it cost in 2023? Newmont stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2023.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $75.89 target price for Newmont stock stock.

Today 200 Day Moving Average is the support level (63.3 $).

50 Day Moving Average is the resistance level (64.2 $).




NEM Forecast for 2023

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 62.04 57.45 65.89 12.81 %
Feb 68.06 63.43 69.83 9.16 %
Mar 61.39 56.91 65.50 13.12 %
Apr 56.36 52.58 59.01 10.89 %
May 55.34 53.74 59.60 9.84 %
Jun 57.39 54.64 59.86 8.72 %
Jul 61.58 58.50 65.71 10.97 %
Aug 64.54 59.63 69.50 14.21 %
Sep 66.54 62.48 67.93 8.03 %
Oct 70.33 66.74 72.09 7.41 %
Nov 63.58 61.54 65.80 6.47 %
Dec 59.95 56.90 61.15 6.96 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Newmont stock.


Newmont overview

Newmont Address

6363 SOUTH FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE, CO, US

Market Capitalization

49 002 406 000 $

EBITDA

6 412 000 000

PE Ratio

17.15

PEG Ratio

0.787

Dividend Per Share

2.05

Dividend Yield

0.0339

EPS

3.575

Quarterly Earnings Growth YOY

0.907

Quarterly Revenue Growth YOY

0.296

Trailing PE

17.15

Forward PE

16.78

EV To Revenue

3.963

EV To EBITDA

8.1

52 Week High

74.75

52 Week Low

53.26

50 Day Moving Average

64.2

200 Day Moving Average

63.3

Shares Outstanding

799126000

Shares Float

796881000

Shares Short Prior Month

12030200

Short Ratio

1.19

Percent Insiders

0.118

Percent Institutions

83.49

Newmont stock forecast for this year


Newmont stock forecast for Jan 2023.
Estimated Average Forecasted Newmont Price: 62.04. Positive monthly dynamics of the instrument is expected with 12.806% volatility is expected.

Pessimistic forecast: 57.45

Optimistic: 65.89


Newmont stock forecast for Feb 2023.
Estimated Average Forecasted Newmont Price: 68.06. Positive monthly dynamics of the instrument is expected with 9.162% volatility is expected.

Pessimistic forecast: 63.43

Optimistic: 69.83


Newmont stock forecast for Mar 2023.
Estimated Average Forecasted Newmont Price: 61.39. Negative monthly dynamics of the instrument is expected with 13.121% volatility is expected.

Pessimistic forecast: 56.91

Optimistic: 65.50


Newmont stock forecast for Apr 2023.
Estimated Average Forecasted Newmont Price: 56.36. Negative monthly dynamics of the instrument is expected with 10.888% volatility is expected.

Pessimistic forecast: 52.58

Optimistic: 59.01


Newmont stock forecast for May 2023.
Estimated Average Forecasted Newmont Price: 55.34. Negative monthly dynamics of the instrument is expected with 9.842% volatility is expected.

Pessimistic forecast: 53.74

Optimistic: 59.60


Newmont stock forecast for Jun 2023.
Estimated Average Forecasted Newmont Price: 57.39. Positive monthly dynamics of the instrument is expected with 8.725% volatility is expected.

Pessimistic forecast: 54.64

Optimistic: 59.86


Newmont stock forecast for Jul 2023.
Estimated Average Forecasted Newmont Price: 61.58. Positive monthly dynamics of the instrument is expected with 10.965% volatility is expected.

Pessimistic forecast: 58.50

Optimistic: 65.71


Newmont stock forecast for Aug 2023.
Estimated Average Forecasted Newmont Price: 64.54. Positive monthly dynamics of the instrument is expected with 14.206% volatility is expected.

Pessimistic forecast: 59.63

Optimistic: 69.50


Newmont stock forecast for Sep 2023.
Estimated Average Forecasted Newmont Price: 66.54. Positive monthly dynamics of the instrument is expected with 8.031% volatility is expected.

Pessimistic forecast: 62.48

Optimistic: 67.93


Newmont stock forecast for Oct 2023.
Estimated Average Forecasted Newmont Price: 70.33. Positive monthly dynamics of the instrument is expected with 7.415% volatility is expected.

Pessimistic forecast: 66.74

Optimistic: 72.09


Newmont stock forecast for Nov 2023.
Estimated Average Forecasted Newmont Price: 63.58. Negative monthly dynamics of the instrument is expected with 6.473% volatility is expected.

Pessimistic forecast: 61.54

Optimistic: 65.80


Newmont stock forecast for Dec 2023.
Estimated Average Forecasted Newmont Price: 59.95. Negative monthly dynamics of the instrument is expected with 6.961% volatility is expected.

Pessimistic forecast: 56.90

Optimistic: 61.15



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Newmont Corp.
NEM 62.72 (29.07.2021) 1.36 %


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