Newmont Corporation NGT.TO TSX

Newmont Corporation (NGT.TO) generated $6.36B in operating cash flow for fiscal year 2024. After capital expenditures of $3.4B, free cash flow was $2.96B.

Free cash flow margin was 15.8% of revenue. Cash conversion ratio was 1.88x, indicating earnings are backed by cash.

The company returned $1.15B in dividends and $1.25B in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (100/100, Pass) — demonstrate the company can comfortably service its debt
• MOAT (66/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (70/100) — Cash conversion ratio was 1.88x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 61/100 with 2/7 criteria passed.