5 Green Days In A Row: Newmont Stock Is Up 21%
A five-day run has significantly lifted the stock’s value, and the underlying business metrics offer a strong context for the move.
Newmont (NEM) stock has now moved higher for 5 consecutive trading days, delivering a cumulative gain of 21% over that period. The streak has added about $21 billion to the company’s market value, which now stands at about $120 billion.
For anyone holding the stock, this represents a rapid and significant appreciation. The move has far outpaced the broader market, which saw the S&P 500 return +3.6% over the same 5 trading days.
How The Streak Stacks Up Against The S&P 500
Here is how NEM stock stacks up against the S&P 500 over the streak and the periods around it:
| Return Period | NEM | S&P 500 |
|---|---|---|
| 1D | 7.2% | 0.6% |
| 5D (Current Streak) | 20.6% | 3.6% |
| 1M (21D) | 19.2% | 2.8% |
| 3M (63D) | -0.2% | 5.7% |
| YTD 2026 | 13.6% | 13.3% |
| 2025 | 172.8% | 16.4% |
| 2024 | -7.8% | 23.3% |
| 2023 | -8.8% | 24.2% |
Do the fundamentals support this run?
The data suggests the market may be responding to business performance that stands apart from the median S&P 500 company. Newmont’s revenue over the last twelve months grew 25.2%, compared to an S&P 500 median of 8.1%. Its operating margin is 55.2%, well above the median of 18.5%.
Even after this run, the stock trades at a price-to-earnings multiple of 14.0, while the S&P 500 median is 23.7. While streaks are not uncommon, with 45 S&P 500 stocks currently on winning streaks of 3 days or more, the fundamental picture here provides a basis for the buying.
A streak is a signal, not a command.
A run of consecutive gains is valuable information. It signals that a stock has captured the market’s attention and has strong near-term momentum. It is not, however, an instruction to buy, sell, or hold.
The disciplined approach is to use the new price as a prompt to re-evaluate the underlying business. A streak forces an investor to ask if the company’s growth and profitability still justify the cost of a share. The numbers here provide a starting point for that work.
If you are hunting for strength that has more behind it than a hot tape, our Guidance Momentum screen surfaces the names where management raised its own outlook, which is the kind of momentum that tends to persist.
Prefer the theme to this single name? A global gold miners ETF like RING owns the whole group. It is still a concentrated bet on that one theme, though, which is exactly the gap the portfolio below closes.
Streaks End. Discipline Compounds
A run like this is genuinely useful information: something about this business has the market’s full attention. But streaks are where discipline gets tested, because the urge to chase strength is strongest right before it pauses.
The Trefis High Quality (HQ) Portfolio channels that urge into a system: roughly 30 businesses selected for consistent cash generation, strong margins, and resilient balance sheets, sized and rebalanced with rules rather than excitement. It has a track record of outpacing a benchmark that combines the three major indices – the S&P 500, S&P Mid-cap, and Russell 2000. Enjoy the streak; own the process.