Newmont Corporation CHESS (NEM) AI Stock Analysis

• Market Cap: AU$133.14B
• Dividend Yield: 1.02%
• Average Volume (3M): 535.44K
• Price to Earnings (P/E): 12.3
• Beta (1Y): 0.85
• 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: 1,091,263,000
• 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$169.75
• Price Target Upside: 13.12% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 9
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 80 Outperform
• Price Target: AU$154.00 ▲(2.63% Upside)

Newmont Corporation's strong financial performance and positive earnings call are the most significant factors driving its stock score. The company's robust profitability, effective cost management, and strategic asset divestments have strengthened its financial position. Technical analysis supports a positive trend, while valuation metrics indicate reasonable pricing. Despite some operational challenges, the overall outlook remains favorable.

Positive Factors

Cash Generation

Record cash flow indicates strong operational efficiency and financial health, enabling Newmont to invest in growth and return capital to shareholders.

Balance Sheet Strength

A near-zero net debt position enhances financial flexibility and reduces risk, allowing Newmont to navigate market fluctuations more effectively.

Strategic Expansion

Commercial production at Ahafo North expands Newmont's footprint in Ghana, adding profitable gold production and strengthening its global presence.

Negative Factors

Operational Challenges

Operational challenges at key mines could impact production targets, potentially affecting revenue and profitability if not addressed.

Cost Pressures

Rising costs due to external factors could offset cost-saving initiatives, pressuring margins and affecting long-term profitability.

Revenue Volatility

Revenue volatility can create uncertainty, making it challenging to predict financial outcomes and plan for long-term strategic investments.

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 robust profitability, efficient cash flow management, and a solid balance sheet. The company shows consistent growth and operational efficiency, though historical volatility in revenue and net income growth suggests potential risks.

Income Statement

Newmont Corporation shows strong financial performance with a consistent revenue growth rate of 4.65% in TTM, and impressive margins: Gross Profit Margin at 41.23%, Net Profit Margin at 54.95%, EBIT Margin at 58.62%, and EBITDA Margin at 75.79%. These metrics highlight robust profitability and operational efficiency. However, past fluctuations in net income and revenue growth indicate potential volatility.

Balance Sheet

The company's balance sheet is stable with a low Debt-to-Equity Ratio of 0.0147 in TTM, indicating low leverage. Return on Equity is strong at 27.36%, reflecting effective use of equity to generate profits. The Equity Ratio is healthy, suggesting a solid capital structure. Historical data shows improvement in equity and asset management.

Cash Flow

Cash flow analysis reveals a positive trajectory with a Free Cash Flow Growth Rate of 25.52% in TTM. The Operating Cash Flow to Net Income Ratio is 1.84, indicating strong cash generation relative to net income. The Free Cash Flow to Net Income Ratio of 0.80 suggests efficient conversion of profits into cash. Historical fluctuations in free cash flow growth highlight potential risks.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	21.36B	18.68B	11.81B	11.91B	12.22B	11.50B
Gross Profit	10.18B	7.14B	3.00B	3.26B	4.46B	4.18B
EBITDA	13.23B	7.53B	320.00M	3.88B	4.33B	5.75B
Net Income	7.19B	3.35B	-2.49B	-429.00M	1.17B	2.83B
Balance Sheet
Total Assets	54.69B	56.35B	55.51B	38.48B	40.56B	41.37B
Cash, Cash Equivalents and Short-Term Investments	5.97B	3.64B	3.02B	3.76B	5.07B	5.83B
Total Debt	5.65B	8.97B	9.44B	6.13B	6.30B	6.70B
Total Liabilities	21.28B	26.24B	26.30B	18.95B	18.70B	17.49B
Stockholders Equity	33.23B	29.93B	29.03B	19.35B	22.02B	23.01B
Cash Flow
Free Cash Flow	6.12B	2.96B	97.00M	1.09B	2.63B	3.58B
Operating Cash Flow	9.22B	6.36B	2.76B	3.22B	4.28B	4.88B
Investing Cash Flow	718.00M	-2.70B	-1.00B	-2.98B	-1.87B	91.00M
Financing Cash Flow	-7.45B	-2.95B	-1.60B	-2.36B	-2.96B	-1.68B

Newmont Corporation CHESS Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 150.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 150.06 is above the 20-day moving average (MA) of 135.82, above the 50-day MA of 133.40, and above the 200-day MA of 102.32, indicating a bullish trend. The MACD of 3.02 indicates Negative momentum. The RSI at 66.88 is Neutral, neither overbought nor oversold. The STOCH value of 85.33 is Negative, 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	80 Outperform	AU$133.14B	12.30	20.82%	1.02%	29.25%	―
PRU	79 Outperform	C$7.32B	12.99	21.17%	1.38%	23.35%	15.96%
EVN	77 Outperform	$24.88B	26.34	19.86%	1.57%	35.31%	115.08%
NST	76 Outperform	AU$39.08B	24.26	11.04%	2.01%	30.35%	102.55%
RMS	76 Outperform	$7.66B	9.68	28.58%	2.01%	36.34%	110.55%
GMD	76 Outperform	AU$7.28B	32.55	19.70%	―	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 Reports Changes in Securities Distribution

Newmont Corporation announced a decrease in the number of CHESS Depositary Interests (CDIs) issued over its quoted securities, with a net reduction of 2,298,671 CDIs from the previous month. This change is attributed to net transfers between CDIs and common stock, reflecting adjustments in the company’s securities distribution. The total number of common stock securities increased by 940,001 due to transfers from CDIs and stock compensation plan distributions, indicating strategic management of its equity structure.

Newmont Corporation Adjusts Securities Issuance in October 2025

Newmont Corporation announced a decrease in the number of CHESS Depositary Interests (CDIs) issued over quoted securities from 100,503,422 in the previous month to 95,197,104 in October 2025, reflecting a net transfer of securities between CDIs and common stock. Additionally, the total number of common stock securities increased due to transfers from CDIs and stock compensation plans. This adjustment in securities issuance could impact the company’s market positioning and shareholder value, as it reflects strategic financial maneuvers.

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.

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.

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.

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.

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.

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.

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.

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.