NEM
Newmont
$101.80
▼ 1.9%Updated Today 6:01 PM ET
▲ Up 78.1% over the last 12 months
Market Cap
$110.80B
P/E
13.1x
Forward P/E (est.)
9.36x
ROE
25.2%
Revenue Growth
26.9%
EPS Growth
73.1%
Profit Margin
33.9%
FCF Yield
1.3%
Debt / Equity
0.17x
ROIC
—
Interest Coverage
—
Current Ratio
2.44x
Dividend Yield
1.0%
Implied Growth (rev. DCF)
2.3%
Rating Score
86/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what NEM's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. NEM trades near $101.80, below its 50-day average ($110.14) and 200-day average ($102.49). Price below both averages is a downtrend — momentum is against buyers for now.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 43 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. NEM's is $5.02 (~4.9% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month NEM found buyers near $92.02 (support) and sellers near $112.18 (resistance); its 52-week range is $55.37–$134.88. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 2.2× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Newmont (NEM) is a large-cap company in the Gold industry, part of the Materials sector of the S&P 500, with a market value around $110.80B.
In its latest reported year it generated about $22.67B in revenue and $7.08B in net profit.
Our model rates NEM Strong (86/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
16.7%
Revenue moved from $12.22B in 2021 to $22.67B in 2025, a 16.7% compound annual growth rate. The most recent year grew a strong 26.9% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
68.3%
Operating Margin
52.4%
Net Margin
31.3%
ROE
25.2%
Newmont keeps about 33.9% of each sales dollar as net profit, with a 68.3% gross margin and 52.4% operating margin. Return on equity is 25.2%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
$5.08B
Net Debt
-$3.70B
Net cash position
Net Debt / EBITDA
—
Debt / Equity
0.17x
Leverage: debt-to-equity is 0.2x, with a current ratio of 2.4x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $5.08B of total debt against $8.78B of cash.
Operating CF
$10.33B
Free Cash Flow
$7.30B
FCF Margin
32.2%
In the latest year Newmont produced about $10.33B of operating cash flow and $7.30B of free cash flow after capital spending. That is a free-cash-flow yield of about 1.3% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
P/E
13.1x
P/S
5.11x
P/B
3.08x
EV / EBITDA
—
NEM trades at 13.1x trailing earnings (about 9.4x on estimated forward earnings), 5.1x sales, and 3.1x book value. Reverse-engineering today's price implies the market expects roughly 2.3% long-term free-cash-flow growth. That is an undemanding multiple — potentially cheap if the business is stable.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How NEM stacks up against its Materials peers — valuation, profitability, and growth versus the sector median.
In the Materials sector (26 S&P 500 companies), NEM ranks #1 of 26 by our overall rating. It trades at a discount versus the sector on earnings (13.1x P/E vs. 27.7x median) with a higher return on equity (25.2% vs. 14.1%) and faster revenue growth (26.9% vs. 4.9%).
P/E vs sector
13.1x
median 27.7x
ROE vs sector
25.2%
median 14.1%
Growth vs sector
26.9%
median 4.9%
Sector rank
#1
of 26 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Materials companies by sub-industry and size. Sector median is across all 26 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$173.99 – $282.73
vs. $101.80 today · expected CAGR 11% – 23%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $28.79B | $36.56B | $46.43B | $58.97B | $74.89B |
| Net income | $8.92B | $11.33B | $14.39B | $18.28B | $23.22B |
| EPS | $8.36 | $10.62 | $13.48 | $17.12 | $21.75 |
| Share price (low) | $66.88 | $84.94 | $107.87 | $137.00 | $173.99 |
| Share price (high) | $108.68 | $138.02 | $175.29 | $222.62 | $282.73 |
| CAGR (low–high) | -34% / 7% | -9% / 16% | 2% / 20% | 8% / 22% | 11% / 23% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for NEM:
- Revenue is growing 26.9% a year, a sign of real demand.
- High net margins (33.9%) point to pricing power or efficiency.
- Strong return on equity (25.2%) shows capital is put to work well.
- A conservative balance sheet (debt/equity 0.2x) lowers risk.
- Our model's overall read is Strong (86/100).
The case against NEM:
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: Newmont is a large-cap materials business still growing nicely, with solid profitability, and a sound balance sheet. It trades at 13.1x earnings, which our model scores Strong (86/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.