Newmont Corporation Named Among 20 Best Performing Dividend Stocks for 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Yahoo Finance
- Target Price Increase: Raymond James raised Newmont Corporation's (NEM) price target from $99 to $111 while maintaining an Outperform rating, reflecting optimism about fourth-quarter gold prices, which is expected to further drive stock price appreciation.
- Stock Surge: Newmont's stock has surged 167% year-to-date, largely benefiting from the sharp rise in gold prices, indicating strong investor demand for safe-haven assets amid growing uncertainty in the global economy and interest rates.
- Revenue Growth Outlook: According to S&P Global, Newmont is projected to see a 17% revenue increase to $21.8 billion in 2025, primarily driven by a 19% rise in gold sales to $18.8 billion, showcasing the company's robust performance in the gold market.
- Rising Gold Prices: The average realized gold price is expected to jump 43% to $3,432 per ounce, which will further solidify Newmont's position as the world's largest gold producer while enhancing its overall financial performance.
Analyst Views on NEM
Wall Street analysts forecast NEM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NEM is 102.05 USD with a low forecast of 72.00 USD and a high forecast of 120.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
12 Buy
3 Hold
0 Sell
Strong Buy
Current: 99.850
Low
72.00
Averages
102.05
High
120.00
Current: 99.850
Low
72.00
Averages
102.05
High
120.00
About NEM
Newmont Corporation is a gold company and a producer of copper, zinc, lead, and silver with operations and/or assets in the Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea regions. The Company's operations include Brucejack, Red Chris, Penasquito, Merian, Cerro Negro, Yanacocha, Boddington, Tanami, Cadia, Lihir, Ahafo, and NGM. The Brucejack operation includes four mining leases and six core mineral claims which cover 8,169 acres (3,306 hectares) and 337 mineral claims covering 298,795 acres (120,918 hectares). The Red Chris operation includes five mining leases which cover 12,703 acres and 199 mineral claims, encompassing an area of 164,903 acres (66,734 hectares). Penasquito includes 20 mining concessions for operations comprising 113,231 acres (45,823 hectares) and 60 mining concessions for exploration of 107,456 acres (43,486 hectares). The Merian operation includes one right of exploitation encompassing an area of 41,687 acres (16,870 hectares).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
