Newmont Corporation (NEM) AI Stock Analysis

Newmont Corporation is a mining company specializing in the production and exploration of gold, alongside exploration efforts for copper, silver, zinc, and lead. Headquartered in Denver, Colorado, and founded in 1916, the company operates across diverse geographies, including the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2021, Newmont reported proven and probable gold reserves of 92.8 million ounces. The company also holds a land position covering 62,800 square kilometers across its global portfolio.

Newmont experienced revenue declines in FY2022 and FY2023, with sales falling 2.0% to $11.95B and 1.5% to $11.78B, alongside net losses of -$459.0M and -$2.52B. Performance rebounded significantly in FY2024, when revenue surged 57.6% to $18.56B and net income reached $3.35B. In FY2025, revenue expanded 22.2% to $22.67B with an operating margin of 48.6% and net income of $7.08B. From FY2020 to FY2025, revenue delivered a 5-year CAGR of 14.7%. For the latest quarter ending June 30, 2026, quarterly revenue grew 15.1% year-over-year and quarterly earnings grew 11.4%, bringing trailing twelve-month revenue to $25.77B.

As of June 30, 2026, Newmont held $13.13B in cash and short-term investments against total debt of $5.47B, resulting in net cash of $7.67B. Shareholders' equity stood at $35.41B with a current ratio of 2.55 and a debt-to-equity ratio of 0.15. In FY2025, the company generated $10.33B in operating cash flow and $7.30B in free cash flow. Capital allocation in FY2025 included $3.04B for capital expenditures, $2.30B spent on share buybacks, and $1.11B distributed in dividends paid.

Newmont trades at a trailing P/E of 15.0x and a forward P/E of 11.6x, compared to medians of 32.2x and 15.3x for the median of its S&P 500 Basic Materials peers. Its EV to EBITDA ratio is 8.1x, below the peer group median of 14.9x, while its price-to-sales of 4.8x is above the peer median of 2.4x. Over the past year, the stock returned 21.8%, outperforming the S&P 500 return of 16.8%. Over a 5-year period, Newmont generated a return of 138.6% versus 83.0% for the S&P 500.

Newmont pays a quarterly dividend with an annualized forward payout of $1.04 per share, representing a dividend yield of 0.88%. The company has paid dividends for 41 consecutive years and maintains a payout ratio of 11.2%. Over the past 5 years, dividend growth was annualized at -0.8%, and the last ex-dividend date was September 3, 2026.

Wall Street analyst sentiment includes 15 Strong Buy, 5 Buy, 2 Hold, 0 Sell, and 1 StrongSell ratings. The mean price target of $137.00 reflects a 15.5% premium to the last close of $118.60. For the current fiscal year ending December 31, 2026, consensus estimates project EPS of $9.13 and revenue of $26.36B. For the next fiscal year, 15 analysts forecast EPS of $10.17 and revenue of $28.17B. Newmont beat EPS expectations in each of the last 4 quarters, with the next earnings date scheduled for October 22, 2026.

This page is an AI-written research summary of Newmont Corporation (NEM). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: NEM income statement, NEM balance sheet, NEM key metrics, NEM analyst forecast, NEM chart. See the NEM stock overview for the latest quote and news.