Newmont Corporation CHESS (NEM) AI Stock Analysis

• Market Cap: AU$136.11B
• Dividend Yield: 1.3%
• Average Volume (3M): 464.52K
• Price to Earnings (P/E): 13.7
• Beta (1Y): 0.84
• Revenue Growth: 40.80%
• EPS Growth: N/A
• Country: AU
• Employees: 22,200
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 2.18
• Shares Outstanding: 1,098,449,700
• 10 Day Avg. Volume: 519,823
• 30 Day Avg. Volume: 464,517
• PEG Ratio: -0.06
• Price to Book (P/B): 1.41
• Price to Sales (P/S): 2.26
• P/FCF Ratio: 14.28
• 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$119.85
• Price Target Upside: 0.54% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 9

• Rating: 77 Outperform
• Price Target: AU$121.00 ▲(1.50% Upside)

Newmont Corporation's strong financial performance and positive earnings call are the most significant factors contributing to its score. Technical analysis indicates bullish momentum but warns of overbought conditions. The valuation is reasonable, providing a balanced investment opportunity.

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. Despite historical income volatility and limited asset growth, the company exhibits robust operational efficiency and cash flow management.

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	20.58B	18.68B	11.81B	11.91B	12.22B	11.50B
Gross Profit	9.24B	7.14B	3.00B	3.26B	4.46B	4.18B
EBITDA	11.56B	7.53B	320.00M	3.88B	4.33B	5.40B
Net Income	6.28B	3.35B	-2.49B	-429.00M	1.17B	2.83B
Balance Sheet
Total Assets	55.16B	56.35B	55.51B	38.48B	40.56B	41.37B
Cash, Cash Equivalents and Short-Term Investments	6.65B	3.64B	3.02B	3.76B	5.07B	5.83B
Total Debt	7.61B	8.97B	9.44B	6.13B	6.30B	6.70B
Total Liabilities	22.88B	26.24B	26.30B	18.95B	18.70B	17.49B
Stockholders Equity	32.11B	29.93B	29.03B	19.35B	22.02B	23.01B
Cash Flow
Free Cash Flow	5.32B	2.96B	97.00M	1.09B	2.63B	3.58B
Operating Cash Flow	8.57B	6.36B	2.76B	3.22B	4.28B	4.88B
Investing Cash Flow	154.00M	-2.70B	-1.00B	-2.98B	-1.87B	91.00M
Financing Cash Flow	-5.40B	-2.95B	-1.60B	-2.36B	-2.96B	-1.68B

Newmont Corporation CHESS Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 119.21
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NEM, the sentiment is Positive. The current price of 119.21 is above the 20-day moving average (MA) of 114.97, above the 50-day MA of 105.34, and above the 200-day MA of 82.45, indicating a bullish trend. The MACD of 3.85 indicates Positive momentum. The RSI at 70.77 is Negative, neither overbought nor oversold. The STOCH value of 71.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:NEM.

Newmont Corporation CHESS Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RMS	78 Outperform	6.70B	8.51	0.00%	2.29%	36.34%	110.55%
NEM	77 Outperform	AU$136.11B	13.68	20.82%	1.30%	40.80%	―
EVN	75 Outperform	18.75B	20.02	0.00%	2.17%	35.31%	115.08%
NST	75 Outperform	29.27B	18.18	8.98%	2.69%	30.35%	102.55%
PRU	73 Outperform	5.66B	10.04	0.00%	1.79%	23.35%	15.96%
GMD	71 Outperform	5.99B	27.08	17.64%	―	109.79%	158.18%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Newmont Corporation CHESS Corporate Events

Newmont Corporation to Voluntarily Delist from Toronto Stock Exchange

Newmont Corporation announced its voluntary delisting from the Toronto Stock Exchange while maintaining its listings on the NYSE, ASX, and PNGX exchanges. This strategic move may impact the company’s market presence in Canada but aligns with its focus on maintaining strong positions in other key global exchanges, potentially streamlining operations and focusing investor relations efforts.

The most recent analyst rating on (AU:NEM) stock is a Buy with a A$124.00 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 Securities Issuance for August 2025

Newmont Corporation announced a net decrease in its CHESS Depositary Interests (CDIs) issued over quoted securities for August 2025, with a reduction of 162,860 CDIs. This change is attributed to net transfers between CDIs and common stock, reflecting adjustments in the company’s securities distribution. Additionally, the total number of common stock securities decreased by 3,119,182, influenced by transfers to CDIs and stock compensation plan distributions. These movements in securities indicate ongoing adjustments in Newmont’s capital structure, potentially impacting stakeholders and market perceptions.

The most recent analyst rating on (AU:NEM) stock is a Buy with a A$124.00 price target. To see the full list of analyst forecasts on Newmont Corporation CHESS stock, see the AU:NEM Stock Forecast page.