Newmont Corporation CHESS (NEM) AI Stock Analysis

• Market Cap: AU$153.26B
• Dividend Yield: 1.21%
• Average Volume (3M): 535.44K
• Price to Earnings (P/E): 17.3
• Beta (1Y): 0.84
• Revenue Growth: 29.25%
• EPS Growth: N/A
• Country: AU
• Employees: 22,200
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 2.63
• Shares Outstanding: 1,098,449,700
• 10 Day Avg. Volume: 493,295
• 30 Day Avg. Volume: 535,438
• 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$152.76
• Price Target Upside: 22.28% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 79 Outperform
• Price Target: AU$152.00 ▲(21.67% Upside)

Newmont Corporation's strong financial performance and positive earnings call are the primary drivers of its high score. The company shows robust profitability and effective cost management, with record cash flow and a strengthened balance sheet. Technical analysis and valuation provide moderate support, with fair valuation and neutral technical indicators.

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 extraction and sale of gold, which constitutes a significant portion of its income. The company operates several mines across North America, South America, Australia, and Africa, producing gold and copper, among other minerals. Key revenue streams include gold sales, which are influenced by market prices and demand for the metal, as well as copper and other by-product sales. Additionally, Newmont engages in hedging strategies to manage price fluctuations and ensure financial stability. The company also benefits from strategic partnerships and joint ventures that expand its operational reach and resource base, contributing positively to its earnings. Factors such as production efficiency, operational cost management, and global economic conditions also play a crucial role in shaping its financial performance.

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: 124.93
• 50DMA: Positive
• 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 Positive. The current price of 124.93 is below the 20-day moving average (MA) of 132.85, above the 50-day MA of 124.80, and above the 200-day MA of 92.84, indicating a neutral trend. The MACD of -0.91 indicates Positive momentum. The RSI at 46.11 is Neutral, neither overbought nor oversold. The STOCH value of 14.72 is Positive, 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
NEM	―	AU$153.26B	17.32	20.82%	1.21%	29.25%	―
PRU	―	C$6.72B	12.39	21.17%	1.60%	23.35%	15.96%
EVN	―	$22.05B	23.35	19.86%	1.84%	35.31%	115.08%
GMD	―	AU$7.78B	34.80	19.70%	―	109.79%	158.18%
NST	―	$35.19B	21.85	11.04%	2.23%	30.35%	102.55%
RMS	―	$6.39B	8.07	28.58%	2.41%	36.34%	110.55%
Sector *	―	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Newmont Corporation CHESS Corporate Events

Newmont Begins Commercial Production at Ahafo North Project

Newmont Corporation has announced the commencement of commercial production at its Ahafo North Project in Ghana. This development is expected to enhance Newmont’s operational capabilities and strengthen its market position in the gold mining industry, potentially benefiting stakeholders through increased production and revenue growth.

The most recent analyst rating on (AU:NEM) stock is a Buy with a A$152.00 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 Strong Q3 2025 Results and Updates Guidance

Newmont Corporation announced strong third-quarter results for 2025, reporting a net income of $1.8 billion and an adjusted net income of $1.9 billion. The company produced approximately 1.4 million gold ounces and generated a record $1.6 billion in free cash flow for the quarter. Newmont has improved its 2025 cost and capital guidance, maintaining its production outlook despite a rising gold price environment. CEO Tom Palmer expressed confidence in the company’s future under the incoming leadership of Natascha Viljoen.

The most recent analyst rating on (AU:NEM) stock is a Buy with a A$166.00 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

Newmont Corporation announced a net decrease in the number of CHESS Depositary Interests (CDIs) issued over quoted securities, with a reduction of 4,244,815 CDIs from the previous month. This change is attributed to the net transfers of securities between CDIs and common stock, as well as stock compensation plan distributions. The announcement reflects the company’s ongoing management of its securities and may impact its market positioning and stakeholder interests.

The most recent analyst rating on (AU:NEM) stock is a Hold with a A$153.00 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 Q3 2025 Financial Results

Newmont Corporation has announced that it will release its third quarter 2025 financial results on October 23, 2025, followed by a conference call to discuss the results. This announcement is significant as it provides stakeholders with an opportunity to gain insights into the company’s financial performance and strategic direction, potentially impacting investor confidence and market positioning.

The most recent analyst rating on (AU:NEM) stock is a Hold with a A$130.00 price target. To see the full list of analyst forecasts on Newmont Corporation CHESS stock, see the AU:NEM Stock Forecast page.

Newmont Corporation Announces Proposed Sale of Securities by Director

Newmont Corporation has announced a proposed sale of securities under Rule 144, with Bruce R. Brook, a director, planning to sell 2,080 shares of common stock through Fidelity Brokerage Services LLC. This transaction, scheduled for October 1, 2025, is part of a series of sales by Brook over the past three months, reflecting ongoing strategic financial management by the company and its stakeholders.

The most recent analyst rating on (AU:NEM) stock is a Hold with a A$130.00 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 announced an update regarding its dividend distribution, specifically addressing the currency exchange rate for its CDI holders. The update also includes information on non-resident withholding tax requirements, emphasizing the need for CDI holders to certify their tax residency status to potentially benefit from lower withholding tax rates under applicable tax treaties. Additionally, the announcement outlines payment instructions for holders with registered addresses in Australia, New Zealand, and the United States, as well as procedures for those residing outside these countries.

The most recent analyst rating on (AU:NEM) stock is a Buy with a A$140.00 price target. To see the full list of analyst forecasts on Newmont Corporation CHESS stock, see the AU:NEM Stock Forecast page.

Newmont Achieves First Gold Pour at Ahafo North Project

Newmont Corporation has announced the first gold pour at its Ahafo North Project in Ghana, marking a significant milestone in its operations. This development is expected to enhance Newmont’s industry positioning by expanding its production capabilities in Africa, potentially benefiting stakeholders through increased output and reinforcing its commitment to sustainable and responsible mining practices.

The most recent analyst rating on (AU:NEM) stock is a Buy with a A$140.00 price target. To see the full list of analyst forecasts on Newmont Corporation CHESS stock, see the AU:NEM Stock Forecast page.

Newmont Corporation Sells Stake in Orla Mining Ltd

Newmont Corporation announced the sale of its shareholding in Orla Mining Ltd, a strategic move that could impact its financial positioning and stakeholder interests. This decision reflects Newmont’s ongoing efforts to optimize its asset portfolio and focus on its core operations, potentially enhancing its market position and operational efficiency.

The most recent analyst rating on (AU:NEM) stock is a Buy with a A$140.00 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 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.

Newmont Corporation Achieves A3 Rating Upgrade by Moody’s

Newmont Corporation has been upgraded to an A3 rating by Moody’s, reflecting positively on its financial stability and operational strength. This upgrade is likely to enhance Newmont’s industry positioning and could have favorable implications for its stakeholders, reinforcing its reputation as a leader in sustainable and responsible mining.

The most recent analyst rating on (AU:NEM) stock is a Buy with a A$121.00 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 CDIs and Common Stock Holdings

Newmont Corporation announced a net decrease in the number of CHESS Depositary Interests (CDIs) issued over quoted securities, with a reduction of 3,798,963 CDIs from the previous month. This change is attributed to net transfers of securities between CDIs and common stock listed on the NYSE and TSX. The company has also seen an increase in the total number of common stock securities, primarily due to the transfer of CDIs to common stock and stock compensation plan distributions. This adjustment in securities could impact the company’s market positioning and stakeholder interests.

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.