Newmont Corporation CHESS (NEM) AI Stock Analysis

• Market Cap: AU$98.24B
• Dividend Yield: 1.64%
• Average Volume (3M): 573.42K
• Price to Earnings (P/E): 13.5
• Beta (1Y): 0.90
• Revenue Growth: 49.93%
• EPS Growth: N/A
• Country: AU
• Employees: 22,200
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Gold
• EPS (TTM): 1.95
• Shares Outstanding: 1,112,997,000
• 10 Day Avg. Volume: 446,824
• 30 Day Avg. Volume: 573,422
• PEG Ratio: 0.14
• Price to Book (P/B): 2.08
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 15.24
• Enterprise Value/Market Cap: 0.69
• Enterprise Value/Revenue: 0.96
• Enterprise Value/Gross Profit: 8.23
• Enterprise Value/Ebitda: 2.38
• 1Y Price Target: AU$85.53
• Price Target Upside: -3.43% Downside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 9

• Rating: 79 Outperform
• Price Target: ―

Newmont Corporation scores well due to its strong financial performance, robust operational efficiency, and positive earnings call indicating solid management and strategic focus. Technical indicators support a bullish trend, although near overbought levels. While valuation is reasonable, it does not present a significant discount. Concerns about tariff impacts and higher capital expenditures are noted, but the overall outlook remains positive.

Newmont Corporation CHESS Business Overview & Revenue Model

Company 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, Papua New Guinea, Ecuador, Fiji, and Ghana. The company was founded in 1916 and is headquartered in Denver, Colorado.

How the Company Makes Money

Newmont Corporation generates revenue primarily through the sale of gold. The company extracts gold ore and processes it into dore bars, which are then sold to gold refiners or directly to the market. In addition to gold, Newmont earns revenue from the sale of by-products such as copper, silver, zinc, and lead that are extracted alongside gold from its mining operations. Newmont's earnings are significantly influenced by the global prices of these metals, with fluctuations in the market impacting its revenue. The company also benefits from strategic partnerships and joint ventures, which enhance its operational capabilities and market reach. Furthermore, Newmont invests in exploration activities to discover new mineral reserves, ensuring long-term sustainability of its operations.

Newmont Corporation CHESS Financial Statement Overview

Summary

Newmont Corporation demonstrates strong financial health with steady revenue growth, improved profitability, and solid cash generation. The balance sheet is stable with manageable debt levels and strong equity reliance. Despite historical income volatility, the company exhibits robust operational efficiency and cash flow management, positioning it well for future growth, albeit with some caution needed regarding capital expenditures and asset growth.

Income Statement

The income statement reveals a robust performance with notable growth in revenue and profitability. The TTM (Trailing-Twelve-Months) gross profit margin stands at approximately 41.6%, indicating efficient cost management in the production process. The net profit margin has improved significantly to 25.8% in the TTM, reflecting strong bottom-line growth compared to previous periods. Revenue growth rate over the past year is approximately 5.3%, showcasing steady top-line expansion. The EBIT and EBITDA margins are solid at 35.6% and 49.5% respectively, highlighting strong operational leverage. However, historical volatility in net income, including a loss in 2023, suggests potential risks in maintaining consistent profitability.

Balance Sheet

The balance sheet shows a relatively strong financial position. The debt-to-equity ratio is 0.26, indicating a conservative approach to leveraging. Return on equity (ROE) is an impressive 16.2% in the TTM, showcasing effective use of equity to generate profits. The equity ratio is 56.3%, reflecting a high level of financial stability and reliance on equity financing. Despite the overall strength, the company's assets have shown little growth, and there was a notable decrease in cash reserves from 2020 to 2023, which could limit financial flexibility.

Cash Flow

The cash flow statement indicates healthy cash generation, with a significant operating cash flow to net income ratio of approximately 1.50, highlighting robust cash conversion. The free cash flow has grown impressively by 43.2% in the TTM, indicating effective cash management and potential for reinvestment or shareholder returns. The free cash flow to net income ratio is 0.84, reflecting a strong capacity to generate cash relative to earnings. However, the company faces high capital expenditures, which could constrain liquidity if not managed carefully.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	19.67B	18.68B	11.81B	11.91B	12.22B	11.50B
Gross Profit	8.19B	7.14B	3.00B	3.26B	4.46B	4.18B
EBITDA	9.74B	7.53B	320.00M	3.88B	4.33B	5.40B
Net Income	5.07B	3.35B	-2.49B	-429.00M	1.17B	2.83B
Balance Sheet
Total Assets	55.52B	56.35B	55.51B	38.48B	40.56B	41.37B
Cash, Cash Equivalents and Short-Term Investments	4.72B	3.64B	3.02B	3.76B	5.07B	5.83B
Total Debt	7.99B	8.97B	9.44B	6.13B	6.30B	6.70B
Total Liabilities	24.09B	26.24B	26.30B	18.95B	18.70B	17.49B
Stockholders Equity	31.25B	29.93B	29.03B	19.35B	22.02B	23.01B
Cash Flow
Free Cash Flow	4.24B	2.96B	97.00M	1.09B	2.63B	3.58B
Operating Cash Flow	7.62B	6.36B	2.76B	3.22B	4.28B	4.88B
Investing Cash Flow	-1.17B	-2.70B	-1.00B	-2.98B	-1.87B	91.00M
Financing Cash Flow	-4.32B	-2.95B	-1.60B	-2.36B	-2.96B	-1.68B

Newmont Corporation CHESS Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 88.57
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NEM, the sentiment is Neutral. The current price of 88.57 is below the 20-day moving average (MA) of 89.79, above the 50-day MA of 85.33, and above the 200-day MA of 74.43, indicating a neutral trend. The MACD of 1.40 indicates Positive momentum. The RSI at 48.06 is Neutral, neither overbought nor oversold. The STOCH value of 63.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:NEM.

Newmont Corporation CHESS Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NEM	79 Outperform	AU$98.24B	13.51	16.39%	1.64%	49.93%	―
Sector *	44 Neutral	C$972.32M	-6.68	-13.73%	2.45%	17.55%	-32.57%
PRU	―	C$4.36B	9.02	22.80%	1.43%	―	―
NESRF	―	$15.57B	19.89	11.01%	2.92%	―	―
CAHPF	―	$10.02B	21.38	16.97%	1.79%	―	―
DGMLF	―	$3.80B	―	-0.68%	―	―	―
GMD	69 Neutral	AU$4.66B	37.06	13.01%	―	125.45%	―

Newmont Corporation CHESS Corporate Events

Newmont Announces Equity Monetization from Divestiture Program

Newmont Corporation announced the monetization of equity obtained through a successful divestiture program. This strategic move is expected to impact the company’s operations positively, enhancing its financial flexibility and potentially improving its market positioning. Stakeholders may view this as a proactive step in optimizing the company’s asset portfolio.

The most recent analyst rating on (AU:NEM) stock is a Buy with a A$94.00 price target. To see the full list of analyst forecasts on Newmont Corporation CHESS stock, see the AU:NEM Stock Forecast page.

Newmont Corporation Reports Changes in CDI and Common Stock Issuance

Newmont Corporation announced a decrease in the total number of CHESS Depositary Interests (CDIs) issued over quoted securities for June 2025, reflecting a net transfer of securities between CDIs and common stock. This adjustment, involving a reduction of 471,133 CDIs, is part of the company’s ongoing management of its securities across the NYSE and TSX. The change also includes a decrease in the total number of common stock, influenced by transfers to CDIs and stock compensation plan distributions.

The most recent analyst rating on (AU:NEM) stock is a Buy with a A$106.00 price target. To see the full list of analyst forecasts on Newmont Corporation CHESS stock, see the AU:NEM Stock Forecast page.

Newmont Corporation to Announce Q2 2025 Financial Results

Newmont Corporation announced it will release its second quarter 2025 financial results on July 24, 2025, followed by a conference call to discuss the results. This announcement is significant for stakeholders as it provides insights into the company’s financial performance and operational strategies, potentially impacting its market positioning and investor relations.

The most recent analyst rating on (AU:NEM) stock is a Buy with a A$106.00 price target. To see the full list of analyst forecasts on Newmont Corporation CHESS stock, see the AU:NEM Stock Forecast page.

Newmont Corporation Updates Dividend Distribution Details

Newmont Corporation has updated its previous announcement regarding its dividend distribution to include the currency exchange rate. The company will deduct a non-resident withholding tax as required by U.S. tax law, with a default rate of 30% unless a tax treaty benefit is claimed. Payments will be withheld for holders without valid banking details in Australia, New Zealand, or the United States, and those outside these regions will receive payments by cheque unless they provide valid instructions.

The most recent analyst rating on (AU:NEM) stock is a Buy with a A$95.00 price target. To see the full list of analyst forecasts on Newmont Corporation CHESS stock, see the AU:NEM Stock Forecast page.

Newmont Corporation Reports Decrease in CDIs for May 2025

Newmont Corporation announced a decrease in the number of CHESS Depositary Interests (CDIs) issued over quoted securities for May 2025, with a net reduction of 1,639,028 CDIs. This change is attributed to net transfers between CDIs and common stock, as well as stock compensation plan distributions. The adjustment in CDIs reflects the company’s ongoing management of its securities and may have implications for its market positioning and stakeholder interests.

The most recent analyst rating on (AU:NEM) stock is a Buy with a A$95.00 price target. To see the full list of analyst forecasts on Newmont Corporation CHESS stock, see the AU:NEM Stock Forecast page.

Newmont Corporation Files 2024 ESTMA Report with SEC

Newmont Corporation has filed its 2024 Annual ESTMA Report with the SEC, complying with Canada’s Extractive Sector Transparency Measures Act. This filing underscores Newmont’s commitment to transparency and regulatory compliance, potentially enhancing its reputation and stakeholder trust in the mining industry.

The most recent analyst rating on (AU:NEM) stock is a Buy with a A$95.00 price target. To see the full list of analyst forecasts on Newmont Corporation CHESS stock, see the AU:NEM Stock Forecast page.

Newmont Corporation Reports April 2025 CDI Adjustments

Newmont Corporation announced a decrease in the number of CHESS Depositary Interests (CDIs) issued over quoted securities for April 2025, with a net reduction of 2,022,802 CDIs. This change is attributed to the net transfers of securities between CDIs and common stock, impacting their listings on the NYSE and TSX. The announcement reflects Newmont’s ongoing adjustments in its securities distribution, which may influence its market positioning and stakeholder interests.

Newmont Corporation Releases Q1 2025 Financial Report

Newmont Corporation has filed its quarterly report for the period ending March 31, 2025, with the SEC. This filing, available on Newmont’s website and the SEC’s EDGAR site, reflects the company’s ongoing commitment to transparency and regulatory compliance, potentially impacting investor confidence and market positioning.