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NEM Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
112.850
Open
111.490
VWAP
111.70
Vol
6.42M
Mkt Cap
120.79B
Low
110.400
Amount
716.51M
EV/EBITDA(TTM)
8.59
Total Shares
1.08B
EV
115.56B
EV/OCF(TTM)
11.18
P/S(TTM)
5.34
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).
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Events Timeline

(ET)
2026-04-22
16:30:00
U.S. Stocks Rise Broadly on U.S.-Iran Ceasefire News
select
2026-04-22
15:00:00
Ghana's Mining Regulator Requires Newmont and Others to Switch to Local Contractors by 2026
select
link

News

seekingalpha
9.5
04-22seekingalpha
PinnedNewmont Set to Announce Q1 Earnings on April 23
  • Earnings Announcement: Newmont is set to release its Q1 earnings on April 23 after market close, with consensus EPS estimates at $2.22, reflecting a 77.6% year-over-year increase, and revenue expectations at $6.44 billion, indicating strong financial performance.
  • Enhanced Industry Position: Analysts argue that Newmont has not only improved its balance sheet but also simplified its portfolio, securing a stronger financial position while preserving the industry's largest reserve base, thereby establishing a clearer framework for converting cash into per-share value.
  • Gold Market Opportunities: Precious metals, particularly gold, have been hot investments over the past year, and as a leading miner, Newmont is reaping the benefits of high operating leverage in its capital expenditure-heavy portfolio, showcasing its competitive edge in the gold market.
  • Upgrade Impact: Recently upgraded to a “buy” rating by JR Research, analysts see Newmont's valuation as below historical averages following a market selloff, with production growth projects poised to support future expansion, enhancing its investment appeal.
CNBC
8.5
01:01 AMCNBC
Rapid Growth of Hybrid Vehicle Market in India
  • Surge in Hybrid Sales: According to a report by Care Ratings, hybrid vehicle sales in India reached 362,866 units in the financial year ending March 2026, up nearly fourfold from 98,010 units in 2020, indicating a strong consumer demand for better fuel efficiency, with hybrids expected to account for 10% of total car sales by FY2027.
  • Limited EV Market Share: Despite the rising demand for electric vehicles, only 131,865 units are projected to be sold by March 2026, reflecting a consumer preference for hybrids due to concerns over inadequate charging infrastructure.
  • Market Leaders: Toyota and Maruti Suzuki dominate the hybrid vehicle market in India, with Toyota selling 366,896 cars including 91,536 strong hybrids in FY2026, while Maruti sold 20,466 strong hybrids, further solidifying their market positions.
  • Future Model Launches: Experts predict that more hybrid models will be launched in the next 12 months than in the past five years combined, driven by increasing consumer acceptance of hybrids that require no change in refueling habits, thereby propelling market growth.
Newsfilter
8.0
04-22Newsfilter
Ghana's Mining Regulator Mandates Local Contracting for Foreign Firms
  • Localization Mandate: Ghana's mining regulator has mandated that Newmont, AngloGold Ashanti, and Zijin transition their mining operations to local contractors by December 2026 or face sanctions, a move aimed at enhancing local firms' capabilities and retaining more value within the country.
  • Compliance Deadline: The regulator has issued letters to the three companies requiring full compliance with contract mining regulations by December 2026, despite Newmont's request for an extension to 2027 being denied, indicating the regulator's strict stance on compliance.
  • Market Response: Almost all large mining companies have already transitioned to contract mining, with only these three firms still employing their own staff, reflecting Ghana's tightening policies in the mining sector aimed at increasing national revenue and fostering local economic development.
  • Consequences of Non-Compliance: Miners failing to adhere to the new regulations will face hefty fines and potential mine shutdowns, which will significantly impact Ghana's mining landscape and promote the rise of local contractors.
moomoo
7.0
04-22moomoo
NEWMONT SEEKS EXTENSION UNTIL 2027 FOR COMPLIANCE DUE TO LISTING-RELATED LIMITATIONS – SOURCES
  • Extension Requested: A request has been made for an extension until 2027 to comply with certain regulations.

  • Citing Constraints: The request cites listing-related constraints as the reason for the extension.

NASDAQ.COM
9.5
04-22NASDAQ.COM
Earnings Week: The Magnificent 7 Stocks Report
  • Tesla Earnings Preview: As the first mega-cap to report earnings, Tesla's performance is highly anticipated, especially with AI infrastructure companies breaking out again, which could influence overall market sentiment.
  • Strong Performance from Lam Research: Lam Research has only missed earnings once in the past five years, with expected earnings growth of 28% by 2026, and a forward P/E of 49.7, as shares hit new all-time highs, reflecting strong market confidence.
  • GE Vernova's Earnings Surprise: GE Vernova has only beaten expectations twice in the last four quarters, but achieved a remarkable 339% earnings surprise last quarter, with shares up 51.7% year-to-date and a forward P/E of 69.7, indicating optimistic market expectations for future performance.
  • Vertiv's Sustained Growth: Vertiv has beaten earnings expectations for 12 consecutive quarters, with projected earnings growth of 46.7% by 2026, and shares up 93% year-to-date, showcasing its strong growth potential in the AI infrastructure sector.
NASDAQ.COM
4.5
04-21NASDAQ.COM
US Stocks Close Lower as Oil Prices Rebound Impact Market
  • Market Decline: The S&P 500 index fell by 0.63%, the Dow Jones Industrial Average dropped by 0.59%, and the Nasdaq 100 index decreased by 0.42%, reflecting investor concerns over the uncertainty surrounding Iran's geopolitical situation, which dampened market sentiment.
  • Oil Price Rebound Impact: WTI crude oil prices rebounded by over 2% after Iran announced it would not attend peace talks, raising fears of a deepening global energy crisis, which could further hinder economic recovery.
  • Supportive Economic Data: March retail sales rose by 1.7% month-over-month, surpassing expectations of 1.4%, indicating robust consumer spending that may provide some support for the stock market, despite overall market pressures.
  • Fed Nominee Supports Independence: Fed Chair nominee Kevin Warsh emphasized the importance of monetary policy independence and controlling inflation in his Senate Banking Committee statement, which could positively influence market confidence.
Wall Street analysts forecast NEM stock price to rise
14 Analyst Rating
Wall Street analysts forecast NEM stock price to rise
11 Buy
3 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
89.00
Averages
110.85
High
125.00
Current: 0.000
sliders
Low
89.00
Averages
110.85
High
125.00
CIBC
Anita Soni
Outperformer
downgrade
$177 -> $176
AI Analysis
2026-04-21
New
Reason
CIBC
Anita Soni
Price Target
$177 -> $176
AI Analysis
2026-04-21
New
downgrade
Outperformer
Reason
CIBC analyst Anita Soni lowered the firm's price target on Newmont to $176 from $177 and keeps an Outperformer rating on the shares. The firm adjusted targets in the gold and base metals group as part of a Q1 preview. CIBC believes the 20% selloff in gold from its January high and the "flip-flop" in Federal Reserve funds expectations will "support a bounce in the asset's price." The analyst remains optimistic on gold and sees a solid entry point at current share levels. CIBC has also adopted a more constructive outlook on base metal equities, seeing rising commodity tailwinds rom ongoing supply constraints.
National Bank
Outperform
to
Sector Perform
downgrade
$140 -> $130
2026-04-17
Reason
National Bank
Price Target
$140 -> $130
2026-04-17
downgrade
Outperform
to
Sector Perform
Reason
National Bank last night downgraded Newmont to Sector Perform from Outperform with a price target of $130, down from $140. The company's costs are rising from higher diesel prices, a new tax framework in Ghana, and the operations pause at the Cadia mine, the analyst tells investors in a research note. The firm also believes Newmont's Q! EBITDA will be hurt by lower production at Boddington related to bush fires, scheduled downtime at Nevada Gold Mines and higher operating costs in Ghana.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for NEM
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Valuation Metrics

The current forward P/E ratio for Newmont Corporation (NEM.N) is 14.14, compared to its 5-year average forward P/E of 17.65. For a more detailed relative valuation and DCF analysis to assess Newmont Corporation's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
17.65
Current PE
14.14
Overvalued PE
25.28
Undervalued PE
10.02

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
7.16
Current EV/EBITDA
5.98
Overvalued EV/EBITDA
8.96
Undervalued EV/EBITDA
5.36

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.24
Current PS
4.23
Overvalued PS
4.02
Undervalued PS
2.46

Financials

AI Analysis
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Whales Holding NEM

S
Susquehanna Fundamental Investments, LLC
Holding
NEM
+142.27%
3M Return
P
Pacer Advisors, Inc.
Holding
NEM
+97.19%
3M Return
A
Arrowstreet Capital, Limited Partnership
Holding
NEM
+51.11%
3M Return
S
Simplex Trading, LLC
Holding
NEM
+50.11%
3M Return
N
Numeric Investors LLC
Holding
NEM
+44.84%
3M Return
L
Los Angeles Capital Management LLC
Holding
NEM
+44.14%
3M Return

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Frequently Asked Questions

What is Newmont Corporation (NEM) stock price today?

The current price of NEM is 111.85 USD — it has increased 2.33

What is Newmont Corporation (NEM)'s business?

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).

What is the price predicton of NEM Stock?

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 is110.85 USD with a low forecast of 89.00 USD and a high forecast of 125.00 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.

What is Newmont Corporation (NEM)'s revenue for the last quarter?

Newmont Corporation revenue for the last quarter amounts to 6.82B USD, increased 20.63

What is Newmont Corporation (NEM)'s earnings per share (EPS) for the last quarter?

Newmont Corporation. EPS for the last quarter amounts to 1.19 USD, decreased -4.03

How many employees does Newmont Corporation (NEM). have?

Newmont Corporation (NEM) has 17500 emplpoyees as of April 23 2026.

What is Newmont Corporation (NEM) market cap?

Today NEM has the market capitalization of 120.79B USD.