Newmont Mining (NEM)
NYSE:NEM
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NEM Stock Chart & Stats
$116.50
$0.80(2.10%)
At close: 4:00 PM EST
$116.50
$0.80(2.10%)
Day’s Range― - ―
52-Week Range$52.08 - $134.88
Previous CloseN/A
Volume2.49M
Average Volume (3M)7.24M
Market Cap
$116.90B
Enterprise Value$113.98B
Total Cash (Recent Filing)$8.78B
Total Debt (Recent Filing)$5.53B
Price to Earnings (P/E)14.1
Beta0.91
Next Earnings
Jul 29, 2026EPS Estimate
2.22Next Dividend Ex-DateN/A
Dividend Yield0.95%
Share Statistics
EPS (TTM)7.74
Shares Outstanding1,067,552,700
10 Day Avg. Volume7,076,123
30 Day Avg. Volume7,239,001
Financial Highlights & Ratios
PEG Ratio0.13
Price to Book (P/B)3.26
Price to Sales (P/S)5.00
P/FCF Ratio15.13
Enterprise Value/Market Cap0.98
Enterprise Value/Revenue4.67
Enterprise Value/Gross Profit8.47
Enterprise Value/Ebitda6.82
Forecast
1Y Price Target
$144.72Price Target Upside24.22% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
EPS Forecast (FY)10.43
Revenue Forecast (FY)$28.94B
Bulls Say, Bears Say
Bulls Say
Fortress Balance SheetExtremely low leverage (debt-to-equity ~0.01) gives Newmont durable financial flexibility to fund sustaining and growth capital, maintain dividends and buybacks, withstand commodity cycles, and pursue strategic asset optimization without reliance on external debt markets.
Robust Free Cash FlowConsistently strong free cash flow provides a sustainable foundation for shareholder returns, deleveraging, and disciplined reinvestment. Persistent FCF enables funding of development capital, buybacks and dividends even through cyclical revenue swings, supporting long-term financial resilience.
Diversified Production And By‑product ProfileMulti-commodity production and meaningful by-product metals (copper, silver) reduce single-commodity exposure and lower unit costs via credits. A broad global asset base and co-product mix supports margin stability and lessens reliance on gold prices alone over medium-term cycles.
Bears Say
Revenue VolatilityA pronounced TTM revenue drop (-22%) highlights the company's exposure to commodity-price and timing volatility. Such swings can impair margin sustainability, complicate multi-year planning for capital programs and dividends, and increase downside risk during commodity downturns.
Energy Cost SensitivityMaterial diesel and fuel exposure translates oil-price moves into significant operating cost swings (~$60M per $10/bbl). Persistent higher energy prices structurally raise AISC and reduce free cash flow, making margins and returns sensitive to prolonged energy market pressures.
NGM Joint‑venture DisputeAn unresolved JV dispute with Barrick at Nevada Gold Mines creates legal and operational uncertainty at a major asset. Potential remedies or protracted review could disrupt production, require capital or contractual concessions, and materially affect long-term operational stability.
Newmont Mining News
NEM FAQ
What was Newmont Mining’s price range in the past 12 months?
Newmont Mining lowest stock price was $52.08 and its highest was $134.88 in the past 12 months.
What is Newmont Mining’s market cap?
Newmont Mining’s market cap is $116.90B.
When is Newmont Mining’s upcoming earnings report date?
Newmont Mining’s upcoming earnings report date is Jul 29, 2026 which is in 55 days.
How were Newmont Mining’s earnings last quarter?
Newmont Mining released its earnings results on Apr 23, 2026. The company reported $2.9 earnings per share for the quarter, beating the consensus estimate of $2.184 by $0.716.
Is Newmont Mining overvalued?
According to Wall Street analysts Newmont Mining’s price is currently Undervalued.
Does Newmont Mining pay dividends?
Newmont Mining pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 0.95%. See more information on Newmont Mining dividends here
What is Newmont Mining’s EPS estimate?
Newmont Mining’s EPS estimate is 2.22.
How many shares outstanding does Newmont Mining have?
Newmont Mining has 1,067,552,700 shares outstanding.
What happened to Newmont Mining’s price movement after its last earnings report?
Newmont Mining reported an EPS of $2.9 in its last earnings report, beating expectations of $2.184. Following the earnings report the stock price went up 8.68%.
Which hedge fund is a major shareholder of Newmont Mining?
Currently, no hedge funds are holding shares in NEM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Newmont Mining Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$144.72 (24.22% Upside)
$144.72 (24.22% Upside)
Blogger Sentiment
Bullish
NEM Sentiment 84%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 2.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 1.8%
Last 30 Days ▼ 1.8%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
99.10%
12-Months-Change
Fundamentals
Return on Equity
25.22%
Trailing 12-Months
Asset Growth
3.87%
Trailing 12-Months
Company Description
Newmont Mining
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2021, it had proven and probable gold reserves of 92.8 million ounces and land position of 62,800 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.
NEM Company Deck
NEM Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong operational and financial performance in Q1 — record free cash flow, robust adjusted EBITDA, below-guidance AISC, meaningful shareholder returns, and clear progress on key projects — which substantially outweigh near-term challenges. Management is proactively managing cost and productivity levers, progressing Cadia recovery with no injuries, and has maintained full-year guidance despite energy and geopolitical headwinds. Primary negatives include the Cadia seismic downtime impact on Q2, rising energy costs (quantified sensitivity: ~$60M per $10/barrel or ~$12/oz), the open-ended Nevada Gold Mines JV dispute with Barrick, and region-specific operational disruptions and a recent fatality at Tanami. Overall, positives (record cash generation, strong metrics, shareholder returns, project progress, and maintained guidance) materially outweigh the lowlights.View all NEM earnings summariesNEM Revenue Breakdown
85.16% Gold
6.34% Copper
4.76% Silver
0.81% Lead
2.93% Zinc
NEM Stock 12 Month Forecast
Average Price Target
$144.72
▲(24.22% Upside)
Technical Analysis
Gold Fields
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Harmony Gold Mining
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Hecla Mining Company
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Royal Gold
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Anglogold Ashanti PLC
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Ownership Overview
0.10% Insiders
18.97% Mutual Funds
12.74% Other Institutional Investors
38.00% Public Companies and Individual Investors