Newmont (ASX:NEM) Purchase Of Business : A$-79 Mil (TTM As of Sep. 2024)

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What is Newmont Purchase Of Business?

Newmont's purchase of business for the three months ended in Sep. 2024 was A$-22 Mil. It means Newmont spent A$22 Mil on purchasing business. Newmont's purchase of business for the trailing twelve months (TTM) ended in Sep. 2024 was A$-79 Mil.

Compared with last quarter (A$-8 Mil in Jun. 2024 ), Newmont spent more money on purchasing business in Sep. 2024 (A$-22 Mil).

Newmont Purchase Of Business Historical Data

The historical data trend for Newmont's Purchase Of Business can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Newmont Purchase Of Business Chart

Newmont Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Purchase Of Business

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-40.66

-79.68

-668.24

-309.74

-161.35

Newmont Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Purchase Of Business	Get a 7-Day Free Trial															-40.46	-26.89	-22.88	-7.53	-22.16

Newmont Purchase Of Business Calculation

The amount used to purchase business.

Purchase Of Business for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was A$-79 Mil.

Newmont Purchase Of Business Related Terms

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Newmont Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newmont Corp (ASX:NEM) » Definitions » Purchase Of Business

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 NGT:Canada N1EM34:Brazil 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 6.9 million ounces of gold in 2024. However, after buying Newcrest, Newmont 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.