Newmont (TSX:NGT) 3-Year Book Growth Rate : -4.30% (As of Sep. 2024)

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What is Newmont 3-Year Book Growth Rate?

Newmont's Book Value per Share for the quarter that ended in Sep. 2024 was C$35.18.

During the past 12 months, Newmont's average Book Value per Share Growth Rate was 8.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was -4.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 2.70% per year. During the past 10 years, the average Book Value per Share Growth Rate was 3.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Newmont was 76.90% per year. The lowest was -18.00% per year. And the median was 8.00% per year.

Competitive Comparison of Newmont's 3-Year Book Growth Rate

For the Gold subindustry, Newmont's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Newmont's 3-Year Book Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Newmont's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Newmont's 3-Year Book Growth Rate falls into.

Newmont 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Newmont (TSX:NGT) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Newmont 3-Year Book Growth Rate Related Terms

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Newmont Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newmont Corp (TSX:NGT) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

NEMCL:USA NEM:USA NEM:Peru NEM:Mexico 1NEM:Italy 0R28:UK NMM0:Germany NMM0:Germany NMM0:Germany NMM:Germany NMM:Germany NMM:Germany NMM:Germany NEM:Chile N1EM34:Brazil NEM:Australia NEWM:Austria NEM:Argentina

Address

6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237

Website

https://www.newmont.com

Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 5.5 million ounces of gold in 2024 from its core mines and 6.8 million in total. It is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.

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