Newmont Stock Surges 14%, With A 5-Day Winning Spree
Newmont (NEM) stock hit day 5 of a continuous streak of days with gains, with cumulative gains over this period amounting to a 14% return. The company has gained about $12 Bil in value over the last 5 days, with its current market capitalization at about $99 Bil. The stock remains 145.1% above its value at the end of 2024. This compares with year-to-date returns of 16.4% for the S&P 500.
Newmont’s recent streak reflects gold’s surge past $4,000 amid global uncertainty and robust central bank buying, amplified by the miner’s strong Q3 earnings, record free cash flow, and new low-cost production from Ahafo North. For quick background: NEM engages in gold production and exploration, also exploring copper, silver, zinc, and lead, with substantial proven gold reserves and extensive land holdings.
What is the point? Momentum often precedes conviction. A multi-day win streak can signal growing investor confidence or spark follow-on buying. Tracking such trends can help you ride the strength, or prepare for a well-timed entry if momentum fades. Our take: There is not much to fear in NEM stock given its overall Very Strong operating performance and financial condition. This isn’t appropriately reflected in the stock’s Moderate valuation which is why we think it is Attractive. Deep dive with Buy or Sell NEM.
No matter where NEM stock goes, your portfolio should stay on track. See how High Quality Portfolio can help you do that.
Comparing NEM Stock Returns With The S&P 500
The following table summarizes the return for NEM stock vs. the S&P 500 index over different periods, including the current streak:
| Return Period | NEM | S&P 500 |
|---|---|---|
| 1D | 1.9% | 0.2% |
| 5D (Current Streak) | 14.0% | 1.1% |
| 1M (21D) | 0.6% | 2.9% |
| 3M (63D) | 31.6% | 5.9% |
| YTD 2025 | 145.1% | 16.4% |
| 2024 | -7.8% | 23.3% |
| 2023 | -8.8% | 24.2% |
| 2022 | -20.8% | -19.4% |
However, big gains can follow sharp reversals – but how has NEM behaved after prior drops? See NEM Dip Buyer Analysis to learn more.
Gains and Losses Streaks: S&P 500 Constituents
There are currently 149 S&P constituents with 3 days or more of consecutive gains and 7 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 92 | 1 |
| 4D | 26 | 4 |
| 5D | 17 | 1 |
| 6D | 8 | 0 |
| 7D or more | 6 | 1 |
| Total >=3 D | 149 | 7 |
Key Financials for Newmont (NEM)
Last 2 Fiscal Years:
| Metric | FY2023 | FY2024 |
|---|---|---|
| Revenues | $11.8 Bil | $18.7 Bil |
| Operating Income | $708.0 Mil | $5.9 Bil |
| Net Income | $-2.5 Bil | $3.3 Bil |
Last 2 Fiscal Quarters:
| Metric | 2025 FQ2 | 2025 FQ3 |
|---|---|---|
| Revenues | $5.3 Bil | $5.5 Bil |
| Operating Income | $2.4 Bil | $2.6 Bil |
| Net Income | $2.1 Bil | $1.8 Bil |
While NEM stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.