Newmont Corporation CHESS (NEM) AI Stock Analysis

• Market Cap: AU$86.88B
• Dividend Yield: 2.03%
• Average Volume (3M): 631.62K
• Price to Earnings (P/E): 10.8
• Beta (1Y): 0.90
• Revenue Growth: 49.93%
• EPS Growth: N/A
• Country: AU
• Employees: 22,200
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Gold
• EPS (TTM): 1.95
• Shares Outstanding: 1,112,997,000
• 10 Day Avg. Volume: 694,187
• 30 Day Avg. Volume: 631,615
• PEG Ratio: 0.23
• Price to Book (P/B): 1.95
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 14.37
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$85.53
• Price Target Upside: -3.43% Downside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 9

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 is a leading global gold mining company that operates across various continents including North America, South America, Australia, and Africa. Established in 1921, the company is renowned for its extensive portfolio of gold and copper assets, and it specializes in the exploration, extraction, and production of precious metals. Newmont is committed to sustainable and responsible mining practices, ensuring minimal environmental impact and positive community engagement.

How the Company Makes Money

Newmont Corporation generates revenue primarily through the extraction and sale of gold and copper. The company operates several mines and processing facilities worldwide, allowing it to produce and sell these metals on the global market. The revenue model is based on the volume of metals produced and the prevailing market prices. Additionally, the company may engage in strategic partnerships and joint ventures to optimize asset utilization and reduce operational risks. Newmont's earnings are also influenced by factors such as production costs, geopolitical stability in mining regions, and fluctuations in commodity prices.

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
	EBIT
7.01B	5.91B	708.00M	1.70B	2.00B	3.10B
	EBITDA
9.74B	7.53B	320.00M	3.88B	4.33B	5.40B
	Net Income Common Stockholders
5.07B	3.35B	-2.49B	-429.00M	1.17B	2.83B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.72B	3.64B	3.02B	3.76B	5.07B	5.83B
	Total Assets
55.52B	56.35B	55.51B	38.48B	40.56B	41.37B
	Total Debt
7.99B	8.97B	9.44B	6.13B	6.30B	6.70B
	Net Debt
3.29B	5.35B	6.43B	3.25B	1.31B	1.16B
	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: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 above the 20-day moving average (MA) of 82.49, above the 50-day MA of 78.09, and above the 200-day MA of 72.38, indicating a neutral trend. The MACD of -0.32 indicates Positive momentum. The RSI at 43.16 is Neutral, neither overbought nor oversold. The STOCH value of 14.69 is Positive, 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$86.88B	10.85	16.39%	2.03%	49.93%	―
NST	78 Outperform	$26.19B	22.18	11.01%	2.75%	25.11%	28.88%
EVN	75 Outperform	$15.44B	22.33	16.97%	1.54%	60.56%	302.20%
PRU	73 Outperform	C$4.53B	8.43	22.80%	1.94%	12.24%	14.88%
GMD	72 Outperform	AU$4.34B	33.80	13.01%	―	125.45%	―
Sector *	50 Neutral	$1.98B	-1.12	-21.33%	3.61%	1.68%	-30.56%

Newmont Corporation CHESS Corporate Events

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.

Newmont Corporation Reports Reduction in CDIs Issued

Newmont Corporation announced a decrease in the number of CHESS Depositary Interests (CDIs) issued over quoted securities, with a net reduction of 2,015,590 CDIs from the previous month. This change is attributed to net transfers between CDIs and common stock, as well as stock compensation plan distributions. The adjustment in securities reflects the company’s ongoing management of its capital structure and may have implications for its market positioning and investor relations.

Newmont Corporation to Announce Q1 2025 Financial Results

Newmont Corporation announced it will release its first quarter 2025 financial results on April 23, 2025, with a conference call scheduled to discuss the results. This announcement is part of Newmont’s ongoing commitment to transparency and communication with its stakeholders, reflecting its industry leadership and focus on sustainable and responsible mining practices.

Newmont Corporation Updates Dividend Announcement with Currency Exchange Details

Newmont Corporation has updated its previous dividend announcement to include details about the currency exchange rate for its CDI holders. The update highlights the withholding tax implications for non-resident holders and the payment instructions required for those in Australia, New Zealand, and the United States. This announcement is significant for stakeholders as it clarifies the financial distribution process and ensures compliance with tax regulations, impacting the company’s financial operations and investor relations.

Newmont Releases 2024 Annual Report to Security Holders

Newmont Corporation has released its 2024 Annual Report to Security Holders, which includes the Form 10-K previously filed with the SEC. This report is accessible on Newmont’s website and the SEC EDGAR site. The announcement underscores Newmont’s commitment to transparency and provides stakeholders with essential information about the company’s financial performance and strategic direction.

Newmont Corporation Files Additional Proxy Materials with SEC

Newmont Corporation has filed additional proxy soliciting materials with the United States Securities and Exchange Commission, indicating ongoing corporate governance activities. This filing, which can be accessed on Newmont’s website and the SEC’s EDGAR site, reflects the company’s commitment to transparency and regulatory compliance, potentially impacting investor relations and corporate operations.

Newmont Corporation Reports Changes in CDIs and Common Stock

Newmont Corporation has announced a net decrease in the number of CHESS Depositary Interests (CDIs) issued over quoted securities for February 2025, with a reduction of 1,335,037 CDIs. This change is attributed to net transfers between CDIs and common stock listed on the NYSE and TSX. Additionally, there was an increase in the total number of common stock securities due to transfers from CDIs and stock compensation plan distributions. This adjustment reflects Newmont’s ongoing management of its securities and may impact its market positioning and stakeholder interests.

Newmont Completes Sale of Non-Core Assets

Newmont Corporation announced the completion of sales for its Musslewhite, Eleonore, and Cripple Creek and Victor assets as part of its non-core asset divestment program initiated in February 2024. This strategic move is aimed at streamlining Newmont’s operations and focusing on its core assets, potentially enhancing its industry positioning and operational efficiency.

Newmont Corporation Files 2024 Annual Report with SEC

Newmont Corporation announced the filing of its Annual Report for the period ending December 31, 2024, with the United States Securities and Exchange Commission. This filing, available on Newmont’s website and the SEC EDGAR site, is a part of the company’s regulatory compliance and transparency efforts. The announcement underscores Newmont’s continued commitment to regulatory standards and provides stakeholders with important insights into its financial performance and operations.