On December 2, 2024, Natascha Viljoen, Executive Vice President & Chief Operating Officer of Newmont Corp's subsidiary, sold 9,000 shares of Newmont Corp (NEM, Financial). Following this transaction, the insider now owns 154,967 shares of the company. The details of this transaction can be found in the SEC Filing.
Newmont Corp is a leading gold mining company with operations in North America, South America, Australia, and Africa. The company is engaged in the production and exploration of gold, copper, silver, zinc, and lead.
The insider transaction history for Newmont Corp indicates that there have been 1 insider buy and 13 insider sells over the past year. This recent sale by Natascha Viljoen is part of the broader trend of insider selling within the company.
On the day of the transaction, shares of Newmont Corp were trading at $41.59, giving the stock a market cap of $47.143 billion. The stock's GF Value is estimated at $47.89, resulting in a price-to-GF-Value ratio of 0.87, suggesting that the stock is modestly undervalued.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
