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NEM Overview

-
$
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
111.820
Open
108.820
VWAP
110.13
Vol
7.73M
Mkt Cap
117.27B
Low
108.720
Amount
851.04M
EV/EBITDA(TTM)
7.16
Total Shares
1.07B
EV
114.20B
EV/OCF(TTM)
9.45
P/S(TTM)
4.83
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)
2026-05-14
12:10:00
Dow Rises on Cisco Earnings, Market Optimism
select
2026-05-14
10:20:00
India Raises Gold and Silver Import Tariffs to 15%
select
link
2026-05-13 (ET)
2026-05-13
08:40:00
Solitario Sells 305,195 Shares at $0.77 Each
select
2026-04-24 (ET)
2026-04-24
16:40:00
Intel's Strong Earnings Boost Chip Stocks
select
2026-04-24
12:10:00
Intel Reports Strong Earnings, Driving Market Volatility
select
2026-04-24
08:10:00
Newmont Q1 Revenue of $7.31B Beats Expectations
select
2026-04-23 (ET)
2026-04-23
19:50:00
Middle East Turbulence Leads to Dow and S&P 500 Decline
select

News

Newsfilter
8.5
05-18Newsfilter
Hancock Prospecting Expands Portfolio into Defense and Gold
  • Portfolio Diversification: Hancock Prospecting has diversified its holdings in 2023 by adding defense, gold, and rare-earth assets, bringing its total portfolio value to $3.3 billion, indicating a strategic focus on emerging markets.
  • Significant Shift in Investments: In a March portfolio adjustment, Hancock invested $133 million in defense firms including CrowdStrike, L3Harris, Lockheed Martin, Northrop Grumman, and RTX, reflecting strong confidence in the defense sector.
  • Increased Gold Producer Holdings: Hancock has also increased its stake in major gold producer Newmont, further solidifying its investment in precious metals, which is expected to benefit from potential rises in gold prices.
  • Rare Earth Investment Boost: In the current quarter, Hancock raised its stake in Rare Earths Americas to 6.3% while increasing its position in Hudbay Minerals by approximately 10%, demonstrating a strategic emphasis on the rare earth and copper markets.
stocktwits
4.5
05-15stocktwits
Gold Prices Under Pressure as Silver Plummets
  • Gold Price Decline: Spot gold prices fell by 2% to $4,558.6 per ounce, and if it fails to hold above $4,500, renewed focus on the 200-day moving average at $4,340 could undermine investor confidence and trigger further sell-offs.
  • Silver Crash: Spot silver plummeted over 8% to $76.7 per ounce, with futures dropping nearly 10%, indicating a sharp decline in demand for precious metals, which may lead to further stock price declines for related mining companies.
  • Rising Oil Prices: Brent crude oil futures surged 3.3% to $109 per barrel, reflecting increasing global energy costs that could exacerbate inflation expectations, thereby impacting the precious metals market negatively.
  • Shifting Market Sentiment: While retail sentiment for iShares Silver Trust remains in the 'extremely bullish' zone, sentiment for SPDR Gold Shares has shifted from 'bearish' to 'neutral', indicating a weakening confidence among investors in gold's future performance.
CNBC
6.5
05-14CNBC
Bank of America: Investment Strategies Amid Persistent Inflation
  • Persistent Inflation: According to Bank of America, the consumer price index rose 0.6% in April, bringing the annual rate to 3.8%, the highest since May 2023, indicating that inflation remains far from the Federal Reserve's 2% target, necessitating a reassessment of asset allocations by investors to navigate the high inflation environment.
  • Commodity Investment Opportunities: Bank of America's strategists highlighted that commodities have performed well, with copper reaching a record high this week and oil prices remaining elevated due to the Iran conflict, recommending investors consider stock ETFs in metals and mining, such as the iShares U.S. Basic Materials ETF (IYM), which is up over 20% year to date.
  • Small Cap Value Investments: The bank touted U.S. small cap value stocks as one of the least expensive trades, even after returning 15% to 17% year to date, while also mentioning international small cap value, specifically the Avantis International Small Cap Value ETF (AVDV), which is up 17% in 2026.
  • Nuclear Energy Investment Outlook: Bank of America's commodities team forecasts uranium prices to reach $135 by 2027, challenging historical highs, and recommends the Global X Uranium ETF (URA) as a play on this theme, which has risen 22% this year and offers a current dividend yield of nearly 4%.
CNBC
8.0
05-14CNBC
US-India Relations Face New Challenges Amidst US-China Summit
  • Tension in US-India Relations: The shift in the Trump administration's China policy has strained US-India relations, with experts noting India's concerns that the US may prioritize China as the main negotiating partner, thereby diminishing India's strategic role in the Indo-Pacific.
  • Need for Enhanced Strategic Value: To counter potential marginalization, India must establish more tangible cooperation with the US in sectors such as defense, maritime security, and critical minerals, thereby enhancing its strategic value and ensuring its importance in US-China relations.
  • Changes in Trade Policy: The Trump administration's trade policy has become more transactional, with a 25% penalty tariff imposed on India last year for allegedly profiting from cheap Russian oil, further deteriorating bilateral relations.
  • Concerns Over G2 Concept: India's attention to the US-China summit has intensified, with fears that the so-called 'G2' concept may marginalize middle powers like India, impacting its voice and influence in international affairs.
PRnewswire
8.5
05-13PRnewswire
Greenland Mines Sensitivity Analysis Reveals Gold Price Revaluation
  • Gold Price Revaluation Impact: Newmont reported a realized gold price of $4,900 per ounce in Q1 2026, with quarterly free cash flow reaching $3.1 billion, indicating the mining industry's rapid adaptation to gold price revaluation, which is expected to enhance the development potential of undeveloped resources.
  • Sensitivity Analysis Results: Greenland Mines' Skaergaard project indicates a 45% uplift in palladium-equivalent content under a scenario where gold prices rise from $1,800 to $5,000, projecting 16.58 million ounces of indicated palladium-equivalent, highlighting the significant impact of gold prices on resource valuation.
  • Resource Estimate Update: The 2022 NI 43-101 mineral resource report shows a total indicated and inferred resource of 364.37 million tonnes at 2.17 g/t palladium-equivalent, with an undiscounted metal value of approximately $68 billion at 2026 metal prices, showcasing the project's substantial economic potential.
  • Future Development Plans: Greenland Mines is set to conduct a fully funded field, drill, and bulk-sample campaign in 2026 to evaluate open-pit and underground mining scenarios, ensuring the project's feasibility and economic viability while advancing the company's strategic positioning in the precious metals sector.
Newsfilter
8.5
05-13Newsfilter
Greenland Mines Releases Sensitivity Analysis Report
  • Gold Price Revaluation Impact: Newmont reported a realized gold price of $4,900 per ounce in Q1 2026, with quarterly free cash flow reaching $3.1 billion, reflecting the mining industry's rapid adaptation to gold price revaluation, which is expected to drive the development potential of undeveloped resources.
  • Sensitivity Analysis Results: Greenland Mines' Skaergaard project indicates that based on gold price sensitivity analysis, the indicated palladium-equivalent (PdEq) resource increased from 11.41 million ounces in 2022 to 16.58 million ounces, demonstrating a significant enhancement in economic value under high gold price conditions.
  • Resource Estimate Update: The 2022 NI 43-101 mineral resource report shows that the Skaergaard project has a total indicated and inferred resource of 364.37 million tonnes with a palladium-equivalent grade of 2.17 g/t, and the recent rise in gold prices has substantially increased the potential economic value of these resources, likely attracting more investment.
  • Future Development Plans: Greenland Mines plans to conduct a comprehensive field, drill, and bulk-sample campaign in 2026 to evaluate open-pit and underground mining scenarios, ensuring the project's feasibility and economic viability, further advancing the company's strategic positioning in the precious metals sector.
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
TD Cowen
Buy
maintain
$116 -> $129
AI Analysis
2026-04-27
Reason
TD Cowen
Price Target
$116 -> $129
AI Analysis
2026-04-27
maintain
Buy
Reason
TD Cowen raised the firm's price target on Newmont to $129 from $116 and keeps a Buy rating on the shares. The firm updated itsestimates following the company's strong Q1 results, with record FCF supporting an increased share buyback. NEM has consistently beat guidance and expectations in recent quarters, and as a result, have increased forward-looking estimates.
TD Securities
Steven Green
Hold
maintain
$116 -> $129
2026-04-27
Reason
TD Securities
Steven Green
Price Target
$116 -> $129
2026-04-27
maintain
Hold
Reason
TD Securities analyst Steven Green raised the firm's price target on Newmont to $129 from $116 and keeps a Hold rating on the shares. The firm updated the company's model following the "strong" Q1 report.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for NEM
Unlock Now

Valuation Metrics

The current forward P/E ratio for Newmont Corporation (NEM.N) is 11.96, compared to its 5-year average forward P/E of 17.54. 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
17.54
Current PE
11.96
Overvalued PE
25.20
Undervalued PE
9.89

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
7.14
Current EV/EBITDA
5.40
Overvalued EV/EBITDA
8.95
Undervalued EV/EBITDA
5.33

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
3.88
Overvalued PS
4.02
Undervalued PS
2.46

Financials

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Whales Holding NEM

S
Simplex Trading, LLC
Holding
NEM
+67.81%
3M Return
C
Capital Investment Trust Corporation
Holding
NEM
+41.13%
3M Return
S
Slate Path Capital LP
Holding
NEM
+23.87%
3M Return
P
ProFund Advisors LLC
Holding
NEM
+23.63%
3M Return
W
Wolverine Trading, LLC
Holding
NEM
+21.72%
3M Return
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Peak6 Group LLC
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+20.80%
3M Return

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Frequently Asked Questions

What is Newmont Corporation (NEM) stock price today?

The current price of NEM is 109.85 USD — it has increased 0.72

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 7.31B USD, increased 45.85

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

Newmont Corporation. EPS for the last quarter amounts to 3.00 USD, increased 78.57

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

Newmont Corporation (NEM) has 17500 emplpoyees as of May 19 2026.

What is Newmont Corporation (NEM) market cap?

Today NEM has the market capitalization of 117.27B USD.