Tearsheet

Newmont (NEM)

Market Price (9/16/2025): $79.37 | Market Cap: $88.1 Bil
Sector: Materials | Industry: Gold

Newmont (NEM)

Market Price (9/16/2025): $79.37
Market Cap: $88.1 Bil
Sector: Materials
Industry: Gold

Investment Highlights

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.9%, FCF Yield is 6.0%	Trading close to highs Dist 52W High is -0.4%, Dist 3Y High is -0.4%
1	Strong revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 38%
2	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 39%
3	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 42%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 26%, CFO LTM is 8.6 Bil, FCF LTM is 5.3 Bil
4	Low stock price volatility Vol 12M is 38%

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.9%, FCF Yield is 6.0%
1	Strong revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 38%
2	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 39%
3	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 42%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 26%, CFO LTM is 8.6 Bil, FCF LTM is 5.3 Bil
4	Low stock price volatility Vol 12M is 38%
5	Trading close to highs Dist 52W High is -0.4%, Dist 3Y High is -0.4%

Market Valuation

	9/16/25	2024	2023	2022	2021
Share Price CYE	$79.37	$36.71	$39.83	$43.65	$55.09
Market Cap CYE ($ Bil)	88.1	41.5	39.0	34.8	43.9
Total Debt ($ Bil)	7.6	9.0	9.4	6.1	6.3
Total Cash ($ Bil)	6.7	3.6	3.0	3.8	5.1
Enterprise Value ($ Bil)	89.1	50.5	48.4	40.9	50.2
Valuation Ratios
P/S TTM	4.3	2.3	3.0	3.1	4.0
P/EBIT TTM	9.8	8.6	-19.5	212.9	35.9
P/E TTM	14.0	12.7	-14.0	-87.4	42.5
Sector Ratios
P/S TTM (Sector)	1.6	1.3	1.4	1.2	1.6
P/EBIT TTM (Sector)	7.2	6.3	6.6	4.7	5.7
P/E TTM (Sector)	4.4	5.5	7.0	4.6	7.3

	9/16/25	2024	2023
Share Price CYE	$79.37	$36.71	$39.83
Market Cap CYE ($ Bil)	88.1	41.5	39.0
Total Debt ($ Bil)	7.6	9.0	9.4
Total Cash ($ Bil)	6.7	3.6	3.0
Enterprise Value ($ Bil)	89.1	50.5	48.4
Valuation Ratios
P/S TTM	4.3	2.3	3.0
P/EBIT TTM	9.8	8.6	-19.5
P/E TTM	14.0	12.7	-14.0
Sector Ratios
P/S TTM (Sector)	1.6	1.3	1.4
P/EBIT TTM (Sector)	7.2	6.3	6.6
P/E TTM (Sector)	4.4	5.5	7.0

Stock Price
Market Cap

Stock Price Chart

Return (1Y):

Market Cap Chart

Business Description

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. Show more

Price Returns Compared

Expand for Detailed View

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
NEM Return	40%	7%	-21%	-9%	-8%	116%	117%
Peers Return	17%	-14%	-13%	-5%	6%	135%	109%
S&P 500 Return	16%	27%	-19%	24%	23%	12%	104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: NEM, B, RGLD, CDE, SSRM. See NEM Returns vs. Peers.
[3] 2025 data is for the year up to 9/15/2025 (YTD)

Interactive Breakdown

Newmont Interactive Breakdown Analysis

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Newmont Earnings Notes
2	Day 5 of Gains Streak for Newmont Stock with 7.5% Return (vs. 97% YTD) [8/26/2025]	Notification
3	NEM's 20% Single Month Rise Brings Valuations Into Focus - Is FANG a Better Deal?	Counter-Intuitive Comparisons
4	NEM Soars 16% In A Single Month: How Does It Compare With Others?	Peer Comparison
5	Better Bet Than NEM Stock: Pay Less Than Newmont To Get More From CALM, PTCT
6	Why Newmont Stock Moved: NEM Stock Has Gained 116% Since 2024 Fiscal End, Primarily Due To Favorable Change In Price To Sales Multiple (P/S)
7	NEM Up 16% In A Month. Do You Buy Or Wait?	Return
8	NEM Dip Buy Analysis
9	Newmont Total Shareholder Return (TSR): -6.5% in 2024 and -9.1% 3-yr compounded annual returns (below peer average)
10	Newmont (NEM) Operating Cash Flow Comparison	Financials
11	ARTICLES
12	S&P 500 Stocks Trading At 52-Week High		September 2nd, 2025
13	Large Cap Stocks Trading At 52-Week High		September 2nd, 2025
14	Large Cap Stocks Trading At 52-Week High		August 30th, 2025
15	NEM Stock Up 7.5% after 5-Day Win Streak		August 26th, 2025
16	Large Cap Stocks Trading At 52-Week High		August 25th, 2025

	Title
0	DASHBOARDS
1	S&P 500 Stocks Trading At 52-Week High
2	Large Cap Stocks Trading At 52-Week High
3	Large Cap Stocks Trading At 52-Week High
4	NEM Stock Up 7.5% after 5-Day Win Streak
5	Large Cap Stocks Trading At 52-Week High
6	ARTICLES
7	Newmont Earnings Notes
8	Day 5 of Gains Streak for Newmont Stock with 7.5% Return (vs. 97% YTD) [8/26/2025]
9	NEM's 20% Single Month Rise Brings Valuations Into Focus - Is FANG a Better Deal?
10	NEM Soars 16% In A Single Month: How Does It Compare With Others?
11	Better Bet Than NEM Stock: Pay Less Than Newmont To Get More From CALM, PTCT
12	Why Newmont Stock Moved: NEM Stock Has Gained 116% Since 2024 Fiscal End, Primarily Due To Favorable Change In Price To Sales Multiple (P/S)
13	NEM Up 16% In A Month. Do You Buy Or Wait?
14	NEM Dip Buy Analysis
15	Newmont Total Shareholder Return (TSR): -6.5% in 2024 and -9.1% 3-yr compounded annual returns (below peer average)
16	Newmont (NEM) Operating Cash Flow Comparison

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	NXTT	Next Technology	18947.6%	1080.3%
2	VCIG	VCI Global	2528.6%	-66.8%
3	BDSX	Biodesix	1926.1%	-75.2%
4	CLSD	Clearside Biomedical	1136.3%	-72.3%
5	SDOT	Sadot	1033.9%	-78.2%
6	CHEK	Check-Cap	184.2%	114.2%
7	ATCH	AtlasClear	153.8%	-89.7%
8	HSDT	Helius Medical Technologies	141.7%	-96.4%
9	MTVA	MetaVia	115.5%	-26.1%
10	IHT	InnSuites Hospitality Trust	66.0%	54.9%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	ATYR	aTyr Pharma	-83.2%	-72.0%
2	NAKA	Kindly MD	-55.4%
3	REX	REX American Resources	-49.8%	-26.7%
4	FAAS	DigiAsia	-39.2%	-83.2%
5	EVTV	Envirotech Vehicles	-32.8%	-77.4%
6	WLDS	Wearable Devices	-30.0%	-24.4%
7	ZONE	CleanCore Solutions	-29.5%	107.8%
8	CGTX	Cognition Therapeutics	-29.0%	119.6%
9	SIDU	Sidus Space	-28.7%	-80.8%
10	BNGO	Bionano Genomics	-28.6%	-84.0%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	NXTT	Next Technology	18985.5%	1080.3%
2	BDSX	Biodesix	1658.4%	-75.2%
3	VCIG	VCI Global	1460.0%	-66.8%
4	CLSD	Clearside Biomedical	1075.2%	-72.3%
5	SDOT	Sadot	806.7%	-78.2%
6	WLDS	Wearable Devices	539.8%	-24.4%
7	QMMM	QMMM	536.6%	5505.5%
8	ATCH	AtlasClear	382.9%	-89.7%
9	OPI	Office Properties Income Trust	274.5%	-8.3%
10	CWD	CaliberCos	246.5%	-46.7%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	DGNX	Diginex	-83.7%
2	ATYR	aTyr Pharma	-81.4%	-72.0%
3	LGCL	Lucas GC	-73.2%	-78.3%
4	NAKA	Kindly MD	-72.8%
5	OCTO	Eightco	-67.8%	562.1%
6	YYGH	YY	-67.0%	-78.2%
7	SNTG	Sentage	-58.1%	57.5%
8	REX	REX American Resources	-50.7%	-26.7%
9	BINI	Bollinger Innovations	-49.2%	-100.0%
10	SLXN	Silexion Therapeutics	-49.2%	-88.0%

1 Month Top Gainers

#	Ticker	Company	1M Rtn	YTD Rtn
1	PMI	Picard Medical	11963.5%	11963.5%
2	GIBO	GIBO	7309.3%
3	CHSN	Chanson International	5551.3%	-99.3%
4	LNZA	LanzaTech Global	5145.9%	-85.7%
5	QMMM	QMMM	2490.3%	5505.5%
6	NXTT	Next Technology	2167.7%	1080.3%
7	VTAK	Catheter Precision	1543.9%	-70.5%
8	CURX	Curanex Pharmaceuticals	1282.0%	1282.0%
9	VCIG	VCI Global	1278.3%	-66.8%
10	OCTO	Eightco	800.6%	562.1%

1 Month Top Losers

#	Ticker	Company	1M Rtn	YTD Rtn
1	CJET	Chijet Motor	-93.3%	-95.1%
2	ELPW	Elong Power	-92.4%	-76.5%
3	STFS	Star Fashion Culture	-92.1%	-97.9%
4	ETS	Elite Express	-92.0%	-92.0%
5	NAKA	Kindly MD	-91.7%
6	BINI	Bollinger Innovations	-90.5%	-100.0%
7	FLYE	Fly-E	-89.8%	-81.2%
8	JEM	707 Cayman	-89.8%	-98.3%
9	NUTR	NusaTrip	-86.7%	-86.7%
10	CUPR	Cuprina	-84.9%

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	NXTT	Next Technology	18947.6%	1080.3%
2	VCIG	VCI Global	2528.6%	-66.8%
3	BDSX	Biodesix	1926.1%	-75.2%
4	CLSD	Clearside Biomedical	1136.3%	-72.3%
5	SDOT	Sadot	1033.9%	-78.2%
6	CHEK	Check-Cap	184.2%	114.2%
7	ATCH	AtlasClear	153.8%	-89.7%
8	HSDT	Helius Medical Technologies	141.7%	-96.4%
9	MTVA	MetaVia	115.5%	-26.1%
10	IHT	InnSuites Hospitality Trust	66.0%	54.9%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	ATYR	aTyr Pharma	-83.2%	-72.0%
2	NAKA	Kindly MD	-55.4%
3	REX	REX American Resources	-49.8%	-26.7%
4	FAAS	DigiAsia	-39.2%	-83.2%
5	EVTV	Envirotech Vehicles	-32.8%	-77.4%
6	WLDS	Wearable Devices	-30.0%	-24.4%
7	ZONE	CleanCore Solutions	-29.5%	107.8%
8	CGTX	Cognition Therapeutics	-29.0%	119.6%
9	SIDU	Sidus Space	-28.7%	-80.8%
10	BNGO	Bionano Genomics	-28.6%	-84.0%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	NXTT	Next Technology	18985.5%	1080.3%
2	BDSX	Biodesix	1658.4%	-75.2%
3	VCIG	VCI Global	1460.0%	-66.8%
4	CLSD	Clearside Biomedical	1075.2%	-72.3%
5	SDOT	Sadot	806.7%	-78.2%
6	WLDS	Wearable Devices	539.8%	-24.4%
7	QMMM	QMMM	536.6%	5505.5%
8	ATCH	AtlasClear	382.9%	-89.7%
9	OPI	Office Properties Income Trust	274.5%	-8.3%
10	CWD	CaliberCos	246.5%	-46.7%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	DGNX	Diginex	-83.7%
2	ATYR	aTyr Pharma	-81.4%	-72.0%
3	LGCL	Lucas GC	-73.2%	-78.3%
4	NAKA	Kindly MD	-72.8%
5	OCTO	Eightco	-67.8%	562.1%
6	YYGH	YY	-67.0%	-78.2%
7	SNTG	Sentage	-58.1%	57.5%
8	REX	REX American Resources	-50.7%	-26.7%
9	BINI	Bollinger Innovations	-49.2%	-100.0%
10	SLXN	Silexion Therapeutics	-49.2%	-88.0%

Peer Comparisons for Newmont

Financials

	NEM	B	RGLD	CDE	SSRM	Median
Name	Newmont	Barrick .	Royal Go.	Coeur Mi.	SSR Mini.
Mkt Price	79.36	29.03	195.43	16.93	22.64	29.03
Mkt Cap	88.1	49.8	12.8	10.8	4.6	12.8
Rev LTM	20,584	13,824	799	1,460	1,303	1,460
Op Inc LTM	8,041	5,351	517	406	212	517
FCF LTM	5,322	-	346	249	160	297
FCF 3Y Avg	2,094	-	91	-114	71	81
CFO LTM	8,574	-	567	449	336	508
CFO 3Y Avg	5,008	-	477	175	257	367

Growth & Margins

	NEM	B	RGLD	CDE	SSRM	Median
Name	Newmont	Barrick .	Royal Go.	Coeur Mi.	SSR Mini.
Rev Chg LTM	38.4%	16.9%	30.1%	63.7%	6.2%	30.1%
Rev Chg 3Y Avg	20.6%	5.9%	8.2%	25.0%	-1.2%	8.2%
Rev Chg Q	20.8%	16.4%	20.4%	116.5%	119.4%	20.8%
QoQ Delta Rev Chg LTM	4.7%	3.9%	4.7%	21.5%	20.4%	4.7%
Op Mgn LTM	39.1%	38.7%	64.7%	27.8%	16.2%	38.7%
Op Mgn 3Y Avg	21.1%	29.4%	55.4%	10.0%	7.0%	21.1%
QoQ Delta Op Mgn LTM	3.6%	3.2%	2.2%	4.6%	2.8%	3.2%
CFO/Rev LTM	41.7%	-	70.9%	30.8%	25.8%	36.2%
CFO/Rev 3Y Avg	30.3%	-	70.7%	13.2%	20.9%	25.6%
FCF/Rev LTM	25.9%	-	43.2%	17.1%	12.3%	21.5%
FCF/Rev 3Y Avg	11.0%	-	10.2%	-18.8%	5.3%	7.8%

Valuation

	NEM	B	RGLD	CDE	SSRM	Median
Name	Newmont	Barrick .	Royal Go.	Coeur Mi.	SSR Mini.
Mkt Cap	88.1	49.8	12.8	10.8	4.6	12.8
P/S	4.3	3.6	16.1	7.4	3.5	4.3
P/EBIT	9.8	8.7	24.5	30.2	20.6	20.6
P/E	14.0	18.0	28.6	56.6	27.8	27.8
P/CFO	10.3	-	22.7	24.0	13.7	18.2
Total Yield	8.4%	6.6%	4.4%	1.8%	3.6%	4.4%
Dividend Yield	1.3%	1.0%	0.9%	0.0%	0.0%	0.9%
FCF Yield 3Y Avg	3.5%	-	0.5%	-14.6%	5.3%	2.0%
D/E	0.1	0.0	0.0	0.0	0.1	0.0
Net D/E	0.0	0.0	-0.0	0.0	-0.0	0.0

Returns

	NEM	B	RGLD	CDE	SSRM	Median
Name	Newmont	Barrick .	Royal Go.	Coeur Mi.	SSR Mini.
1M Rtn	14.8%	21.1%	14.0%	44.8%	34.9%	21.1%
3M Rtn	37.0%	36.4%	8.8%	85.2%	75.1%	37.0%
6M Rtn	68.3%	53.0%	26.4%	163.3%	106.0%	68.3%
12M Rtn	50.7%	42.4%	37.7%	132.6%	281.8%	50.7%
3Y Rtn	98.6%	104.3%	117.0%	494.0%	69.1%	104.3%
1M Excs Rtn	14.0%	21.3%	13.0%	43.8%	38.5%	21.3%
3M Excs Rtn	26.8%	24.6%	-3.5%	72.1%	67.4%	26.8%
6M Excs Rtn	55.7%	39.0%	9.8%	163.4%	93.9%	55.7%
12M Excs Rtn	40.4%	31.1%	25.3%	175.3%	305.7%	40.4%
3Y Excs Rtn	39.7%	35.1%	49.2%	418.7%	0.6%	39.7%

Comparison Analyses

	Title
0	NEM Soars 16% In A Single Month: How Does It Compare With Others?
1	Newmont vs. Freeport-McMoRan: With Return Forecast Of 65%, Newmont Is A Better Bet
2	Newmont Mining vs. Southern Copper: With Return Forecast Of 55%, Newmont Mining Is A Better Bet
3	Newmont Mining vs. Booking Holdings: With Return Forecast Of 30%, Newmont Mining Is A Better Bet
4	CSX or NEM - With 38% Return Forecast, NEM Probably Deserves Your Money
5	Newmont Mining vs. Walt Disney: Similar Income, But Newmont Mining Is A Better Bet
6	Newmont Mining vs. Visa: Similar Income, But Newmont Mining Is A Better Bet
7	Newmont Mining vs. Netflix: Similar Income, But Netflix Is A Better Bet
8	Newmont Mining vs. Fidelity National Information Services: Similar Revenue, But Newmont Mining Is A Better Bet
9	Newmont Mining vs. CSX: Similar Revenue, But Newmont Mining Is A Better Bet

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End		12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date		2/21/2025	2/29/2024	2/23/2023	2/24/2022	2/18/2021	2/20/2020
Key Financials
Total Revenue	20,584	18,682	11,812	11,915	12,222	11,497	9,740
Ebitda	11,558	7,528	320	2,361	3,705	5,751	5,954
Operating Income	8,041	5,910	708	1,605	1,996	3,061	1,577
Net Income	6,277	3,348	-2,494	-429	1,166	2,829	2,805
EPS	5.58	2.92	-2.97	-0.54	1.46	3.52	3.82
Growth Rates
Total Revenue Growth	38.4%	58.2%	-0.9%	-2.5%	6.3%	18.0%	34.3%
EBITDA Growth	765.1%	2252.5%	-86.4%	-36.3%	-35.6%	-3.4%	175.6%
Operating Income Growth	284.7%	734.7%	-55.9%	-19.6%	-34.8%	94.1%	32.7%
Net Income Growth	417.5%	234.2%	-481.4%	-136.8%	-58.8%	0.9%	722.6%
Margins
EBITDA Margin	56.2%	40.3%	2.7%	19.8%	30.3%	50.0%	61.1%
Operating Income Margin	39.1%	31.6%	6.0%	13.5%	16.3%	26.6%	16.2%
Net Income Margin	30.5%	17.9%	-21.1%	-3.6%	9.5%	24.6%	28.8%
Cash & Debt
Total Cash	6,653	3,640	3,025	3,757	5,074	5,830	2,480
Total Debt	7,607	8,972	9,436	6,132	6,302	6,702	6,909
Net Debt / (Cash)	954	5,332	6,411	2,375	1,228	872	4,429
Cash Flows
Net Cash from Operations	8,574	6,363	2,763	3,220	4,279	4,882	2,866
Free Cash from Operations	5,322	2,961	97	1,089	2,626	3,580	1,403
Returns to Shareholders
Dividends	1,129	1,145	1,415	1,746	1,757	834	889
Share Repurchases	2,501	1,246	-0	-0	525	521	479

$ Mil \| FY: 12/31	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3
Period End	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Filing Date	7/24/2025	4/24/2025	2/21/2025	10/24/2024	7/25/2024	4/29/2024	2/29/2024	10/26/2023	7/20/2023	4/27/2023	2/23/2023	11/1/2022
Key Financials Quarterly
Total Revenue	5,317	5,010	5,652	4,605	4,402	4,023	3,957	2,493	2,683	2,679	3,200	2,634
Ebitda	3,803	3,143	2,836	1,776	1,741	1,175	-2,340	760	835	1,065	-759	859
Operating Income	2,417	2,016	2,310	1,298	1,344	958	-487	275	407	513	-97	306
Net Income	2,061	1,891	1,403	922	853	170	-3,158	158	155	351	-1,477	213
EPS	1.86	1.68	1.24	0.80	0.74	0.15	-3.21	0.20	0.19	0.44	-1.86	0.27
Key Financials TTM
Total Revenue TTM	20,584	19,669	18,682	16,987	14,875	13,156	11,812	11,055	11,196	11,571	11,915	12,105
Ebitda TTM	11,558	9,496	7,528	2,352	1,336	430	320	1,901	2,000	2,189	2,361	3,318
Operating Income TTM	8,041	6,968	5,910	3,113	2,090	1,153	708	1,098	1,129	1,284	1,605	1,118
Net Income TTM	6,277	5,069	3,348	-1,213	-1,977	-2,675	-2,494	-813	-758	-526	-429	1,002
Growth Rates Quarterly
Total Revenue Growth	20.8%	24.5%	42.8%	84.7%	64.1%	50.2%	23.7%	-5.4%	-12.3%	-11.4%	-5.6%	-9.0%
EBITDA Growth	118.4%	167.5%	221.2%	133.7%	108.5%	10.3%	-208.3%	-11.5%	-18.5%	-13.9%	-483.3%	52.0%
Operating Income Growth	79.8%	110.4%	574.3%	372.0%	230.2%	86.7%	-402.1%	-10.1%	-27.6%	-38.5%	83.4%	-54.6%
Net Income Growth	141.6%	1012.4%	144.4%	483.5%	450.3%	-51.6%	-113.8%	-25.8%	-59.9%	-21.7%	-3110.9%	7000.0%
Margins Quarterly
EBITDA Margin	71.5%	62.7%	50.2%	38.6%	39.6%	29.2%	-59.1%	30.5%	31.1%	39.8%	-23.7%	32.6%
Operating Income Margin	45.5%	40.2%	40.9%	28.2%	30.5%	23.8%	-12.3%	11.0%	15.2%	19.1%	-3.0%	11.6%
Net Income Margin	38.8%	37.7%	24.8%	20.0%	19.4%	4.2%	-79.8%	6.3%	5.8%	13.1%	-46.2%	8.1%
Cash & Debt
Total Cash	6,653	4,716	3,640	3,059	2,652	2,359	3,025	3,214	3,238	3,504	3,757	3,813
Total Debt	7,607	7,986	8,972	9,099	9,225	9,468	9,436	6,087	6,111	6,119	6,132	6,127
Net Debt / (Cash)	954	3,270	5,332	6,040	6,573	7,109	6,411	2,873	2,873	2,615	2,375	2,314
Cash Flows Quarterly
FCF from Operations	2,384	2,031	2,511	1,648	1,428	776	616	1,003	663	481	1,010	473
Cash Flows TTM
FCF from Operations TTM	8,574	7,618	6,363	4,468	3,823	3,058	2,763	3,157	2,627	3,007	3,220	3,509
Returns to Shareholders Quarterly
Dividends	279	282	282	286	289	288	461	318	318	318	436	437
Share Repurchases	1,011	348	798	344	104	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	20.1%	17.5%	16.8%	10.6%	11.5%	3.9%	-5.1%	3.6%	3.5%	6.0%	-1.9%	4.0%
Return on Invested Capital (ROIC) TTM
ROIC TTM	17.8%	14.9%	11.3%	8.3%	5.5%	3.0%	1.9%	5.2%	5.4%	6.2%	7.8%	1.2%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Nevada Gold Mines (NGM)	2,271	2,098	2,291
Boddington	1,814	1,763	1,507
Ahafo	1,130	1,023	864
Peñasquito	901	2,189	2,634
Tanami	867	878	879
Merian	625	723	780
Akyem	574	749	680
Yanacocha	537	451	471
Cerro Negro	510	508	480
Porcupine	503	504	517
Éléonore	453	391	446
Cadia	422
Musselwhite	351	305	277
Cripple Creek & Victor Gold Mining Company LLC (CC&V)	332	333	396
Lihir	266
Telfer	152
Brucejack	72
Red Chris	32
Corporate and Other	0	0	0
Gold Sales from Doré Production				8,534	7,975
Sales from Concentrate and Other Production				2,963	1,765
Total	11,812	11,915	12,222	11,497	9,740

Assets by Segment

$ Mil	2024	2023	2022
Corporate and Other	9,844	8,369	9,811
Nevada Gold Mines (NGM)	7,401	7,419	7,584
Cadia	6,351
Peñasquito	4,738	6,430	6,561
Brucejack	4,006
Lihir	3,909
Ahafo	2,823	2,619	2,425
Boddington	2,376	2,264	2,261
Red Chris	2,178
Yanacocha	2,117	2,225	1,735
Tanami	1,896	1,585	1,334
Cerro Negro	1,646	1,659	2,183
Porcupine	1,473	1,401	1,572
Akyem	1,069	998	990
Musselwhite	1,018	1,294	1,317
Merian	927	923	952
Éléonore	777	1,010	1,062
Telfer	574
Cripple Creek & Victor Gold Mining Company LLC (CC&V)	383	286	777
Total	55,506	38,482	40,564

Price Behavior

Behavior Stats
Betas Matrix

Price Behavior

Market Price	$79.36
Market Cap ($ Bil)	88.1
First Trading Date	04/06/1983
Distance from 52W High	-0.4%
	50 Days	200 Days
DMA Price	$67.38	$52.13
DMA Trend	up	up
Distance from DMA	17.8%	52.2%
	3M	1YR
Volatility	32.3%	38.0%
Downside Capture	0.03	0.12
Upside Capture	176.02	53.41
Correlation (SPY)	14.2%	23.8%

NEM Betas & Captures as of 8/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	0.33	0.87	0.26	0.37	0.49	0.64
Up Beta	1.61	0.36	-0.52	0.52	0.55	0.67
Down Beta	-0.01	-1.39	-1.67	0.42	0.53	0.70
Up Capture	120%	286%	201%	59%	44%	33%
Bmk +ve Days	10	22	35	71	142	415
Stock +ve Days	14	27	38	75	134	389
Down Capture	-213%	79%	7%	-44%	33%	80%
Bmk -ve Days	11	19	27	54	106	334
Stock -ve Days	7	14	24	50	114	357

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date	8292025
Short Interest: Shares Quantity	20,996,959
Short Interest: % Change Since 8152025	-0.7%
Average Daily Volume	8,074,451
Days-to-Cover Short Interest	2.60
Basic Shares Quantity	1,110,000,000
Short % of Basic Shares	1.9%

Returns Analyses

	Title
0	NEM Up 16% In A Month. Do You Buy Or Wait?
1	NEM Climbed 16% In A Month. How Confident Are You In The Stock?
2	NEM YTD Stock Return Of 0.4% Underperforms CDE by -0.8% and Underperforms KGC by -23%
3	Newmont Mining (NEM) Stock Has 50% Chance Of Rise In The Next One Month
4	NEM YTD Stock Return Of -4.1% Outperforms KGC by 38% and Outperforms GOLD by 5.2%
5	Newmont Stock Return Comparison
6	Newmont Total Shareholder Return (TSR): -20.4% in 2022 and 6.2% 3-yr returns (below peer average)

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
7/24/2025	6.9%	1.0%	15.1%
2/20/2025	-5.7%	-12.4%	-0.9%
10/23/2024	-14.7%	-18.7%	-25.0%
7/24/2024	-4.2%	2.9%	7.8%
2/22/2024	-7.6%	-10.6%	4.1%
10/26/2023	2.0%	1.4%	2.3%
7/20/2023	-6.0%	-3.8%	-14.4%
2/23/2023	0.1%	-0.3%	9.1%
...
SUMMARY STATS
# Positive	7	11	10
# Negative	13	9	10
Median Positive	2.9%	2.3%	9.7%
Median Negative	-4.2%	-5.6%	-7.9%
Max Positive	6.9%	11.0%	15.4%
Max Negative	-14.7%	-18.7%	-25.0%

	Forward Returns
7/24/2025	6.9%	1.0%	15.1%
2/20/2025	-5.7%	-12.4%	-0.9%
10/23/2024	-14.7%	-18.7%	-25.0%
7/24/2024	-4.2%	2.9%	7.8%
2/22/2024	-7.6%	-10.6%	4.1%
10/26/2023	2.0%	1.4%	2.3%
7/20/2023	-6.0%	-3.8%	-14.4%
2/23/2023	0.1%	-0.3%	9.1%
11/1/2022	-1.4%	-2.4%	12.2%
7/25/2022	-13.2%	-11.9%	-14.7%
2/24/2022	-2.2%	2.3%	15.4%
10/28/2021	-4.6%	-4.2%	-2.8%
7/22/2021	-0.2%	2.5%	-6.4%
4/29/2021	-2.9%	1.0%	13.8%
2/18/2021	0.6%	0.2%	10.3%
10/29/2020	2.9%	11.0%	-0.3%
7/30/2020	-3.3%	3.7%	-4.6%
5/5/2020	3.5%	0.3%	-10.3%
2/20/2020	4.2%	7.0%	-9.3%
11/5/2019	-3.4%	-5.6%	1.0%
SUMMARY STATS
# Positive	7	11	10
# Negative	13	9	10
Median Positive	2.9%	2.3%	9.7%
Median Negative	-4.2%	-5.6%	-7.9%
Max Positive	6.9%	11.0%	15.4%
Max Negative	-14.7%	-18.7%	-25.0%

SEC Filings

Expand for More

Report Date	Filing Date	Filing
6302025	7242025	10-Q 6/30/2025
3312025	4242025	10-Q 3/31/2025
12312024	2212025	10-K 12/31/2024
9302024	10242024	10-Q 9/30/2024
6302024	7252024	10-Q 6/30/2024
3312024	4292024	10-Q 3/31/2024
12312023	2292024	10-K 12/31/2023
9302023	10262023	10-Q 9/30/2023
6302023	7202023	10-Q 6/30/2023
3312023	4272023	10-Q 3/31/2023
12312022	2232023	10-K 12/31/2022
9302022	11012022	10-Q 9/30/2022
6302022	7252022	10-Q 6/30/2022
3312022	4222022	10-Q 3/31/2022
12312021	2242022	10-K 12/31/2021
9302021	10282021	10-Q 9/30/2021

Insider Activity

Expand for More

	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	Tabolt Brian	SVP & CAO	8082025	Sell	68.02	7,015	477,160	2,218,472	Form
1	Toth Peter	EVP, Chief Sustain & Dev Off	8052025	Sell	63.66	3,000	190,980	3,739,134	Form
2	Brook Bruce R		8052025	Sell	63.66	2,077	132,222	2,611,715	Form
3	Brook Bruce R		7032025	Sell	58.75	2,077	122,024	2,532,301	Form
4	Toth Peter	EVP, Chief Sustain & Dev Off	7032025	Sell	58.75	3,000	176,250	4,378,402	Form

Collapse to Preview

	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	Tabolt Brian	SVP & CAO	8082025	Sell	68.02	7,015	477,160	2,218,472	Form
1	Toth Peter	EVP, Chief Sustain & Dev Off	8052025	Sell	63.66	3,000	190,980	3,739,134	Form
2	Brook Bruce R		8052025	Sell	63.66	2,077	132,222	2,611,715	Form
3	Brook Bruce R		7032025	Sell	58.75	2,077	122,024	2,532,301	Form
4	Toth Peter	EVP, Chief Sustain & Dev Off	7032025	Sell	58.75	3,000	176,250	4,378,402	Form
5	Brook Bruce R		6042025	Sell	54.09	2,077	112,345	2,443,786	Form
6	Toth Peter	EVP, Chief Sustain & Dev Off	6042025	Sell	54.09	3,000	162,270	4,193,381	Form
7	Toth Peter	EVP, Chief Sustain & Dev Off	5052025	Sell	51.48	3,000	154,440	4,145,478	Form
8	Brook Bruce R		4032025	Sell	48.46	2,077	100,651	2,221,358	Form
9	Toth Peter	EVP, Chief Sustain & Dev Off	4032025	Sell	48.46	3,000	145,380	4,047,670	Form
10	Brook Bruce R		3052025	Sell	43.71	2,077	90,786	2,094,408	Form
11	Toth Peter	EVP, Chief Sustain & Dev Off	3052025	Sell	43.71	3,000	131,130	3,782,051	Form
12	Viljoen Natascha	EVP & COO	3052025	Sell	43.71	7,799	340,894	6,479,745	Form
13	Toth Peter	EVP & CDO	2052025	Sell	42.89	3,000	128,670	3,413,872	Form
14	Viljoen Natascha	EVP & COO	2052025	Sell	42.89	9,000	386,010	5,874,515	Form
15	Brook Bruce R		2052025	Sell	42.89	2,077	89,083	2,144,200	Form
16	Brook Bruce R		1142025	Sell	40.00	2,077	83,080	2,082,800	Form
17	Toth Peter	EVP & CDO	1142025	Sell	40.00	3,000	120,000	3,303,840	Form
18	Viljoen Natascha	EVP & COO	1142025	Sell	40.00	9,000	360,000	5,838,680	Form
19	Palmer Thomas Ronald	President & CEO	12042024	Sell	41.59	13,000	540,670	10,209,056	Form
20	Toth Peter	EVP & CDO	12042024	Sell	41.59	3,000	124,770	3,559,938	Form
21	Viljoen Natascha	EVP & COO	12042024	Sell	41.59	9,000	374,310	6,445,078	Form
22	Conger Harry M. IV		12022024	Buy	42.15	9,498	400,335	611,082	Form
23	Palmer Thomas Ronald	President & CEO	11052024	Sell	45.45	13,000	590,850	11,747,416	Form
24	Toth Peter	EVP & CDO	11052024	Sell	45.45	3,000	136,350	4,026,688	Form
25	Toth Peter	EVP & CDO	10032024	Sell	53.81	3,000	161,430	4,928,781	Form
26	Palmer Thomas Ronald	President & CEO	10032024	Sell	53.81	20,000	1,076,200	14,607,747	Form
27	Toth Peter	EVP & CDO	9052024	Sell	52.47	3,000	157,410	4,963,452	Form
28	Palmer Thomas Ronald	President & CEO	9052024	Sell	52.47	20,000	1,049,400	15,293,378	Form

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5	MarketWatch	Unusual Whales
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Newmont (NEM)

Market Price (9/16/2025): $79.37 | Market Cap: $88.1 BilSector: Materials | Industry: Gold

Newmont (NEM)

Market Price (9/16/2025): $79.37Market Cap: $88.1 BilSector: MaterialsIndustry: Gold

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Market Price (9/16/2025): $79.37 | Market Cap: $88.1 Bil
Sector: Materials | Industry: Gold

Market Price (9/16/2025): $79.37
Market Cap: $88.1 Bil
Sector: Materials
Industry: Gold