Newmont Mining (NEM) AI Stock Analysis

• Market Cap: $86.58B
• Dividend Yield: 1.12%
• Average Volume (3M): 13.10M
• Price to Earnings (P/E): 12.3
• Beta (1Y): 0.68
• Revenue Growth: 26.25%
• EPS Growth: N/A
• Country: US
• Employees: 22,200
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 1.71
• Shares Outstanding: 1,091,263,000
• 10 Day Avg. Volume: 14,151,794
• 30 Day Avg. Volume: 13,100,218
• PEG Ratio: -0.07
• Price to Book (P/B): 1.43
• Price to Sales (P/S): 2.30
• P/FCF Ratio: 14.41
• Enterprise Value/Market Cap: 1.07
• Enterprise Value/Revenue: 4.36
• Enterprise Value/Gross Profit: 9.55
• Enterprise Value/Ebitda: 6.99
• 1Y Price Target: $102.10
• Price Target Upside: 28.69% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 15

• Rating: 81 Outperform
• Price Target: $96.00 ▲(21.00% Upside)

Newmont Mining's strong financial performance and positive earnings call are the most significant factors driving its score. The company's robust cash flow generation and strategic initiatives enhance its outlook, despite some production challenges and mixed technical indicators.

Positive Factors

Cash Flow Generation

Strong cash flow generation enhances liquidity and financial flexibility, supporting future investments and shareholder returns.

Balance Sheet Strength

A strong balance sheet with low debt enhances financial stability and reduces risk, allowing for strategic investments and growth.

New Mine Production

New mine production increases resource base and revenue potential, supporting long-term growth and market presence.

Negative Factors

Production Challenges

Production challenges at key mines can impact output and revenue, potentially affecting profitability and operational efficiency.

Impact of Higher Gold Prices on Costs

While beneficial, higher gold prices increase operational costs, which can offset profit margins and affect cost management strategies.

Earnings Volatility

Earnings volatility can signal underlying operational risks, affecting investor confidence and long-term financial planning.

Newmont Mining Business Overview & Revenue Model

Company Description

Newmont Mining Corporation (NEM) is a leading gold producer and a key player in the mining industry, headquartered in Greenwood Village, Colorado. The company primarily focuses on the exploration, mining, and production of gold, along with copper, silver, and other mineral resources. Newmont operates a diverse portfolio of mines across North America, South America, Australia, and Africa, employing state-of-the-art technologies and sustainable practices to maximize resource extraction while minimizing environmental impact.

How the Company Makes Money

Newmont generates revenue primarily through the sale of gold, which constitutes the bulk of its earnings. The company operates several mines, producing gold in various forms including bullion and concentrate. Revenue is significantly influenced by gold prices, which fluctuate based on global market conditions, demand, and geopolitical factors. In addition to gold, Newmont also generates income from the sale of other metals, such as copper and silver, which contribute to its overall revenue streams. The company has entered into various joint ventures and partnerships with other mining companies and local governments, further expanding its operational capacity and market reach. Additionally, Newmont focuses on cost management, operational efficiency, and sustainable mining practices to enhance profitability and maintain its competitive edge in the industry.

Newmont Mining Financial Statement Overview

Summary

Newmont Mining demonstrates strong financial health with robust profitability, efficient cash flow management, and a stable balance sheet. The company has a high gross profit margin of 41.77% and a net profit margin of 30.66%, indicating efficient cost management. The balance sheet is stable with a low debt-to-equity ratio of 0.24, and cash flow is strong with a significant free cash flow growth rate of 25.52%.

Income Statement

Newmont Mining's income statement shows strong profitability with a TTM gross profit margin of 41.77% and a net profit margin of 30.66%, indicating efficient cost management and strong bottom-line performance. The revenue growth rate of 4.94% in the TTM period reflects a positive growth trajectory. The EBIT and EBITDA margins are robust at 43.91% and 57.81%, respectively, highlighting operational efficiency. Overall, the company demonstrates strong profitability and growth, although past fluctuations in revenue growth should be monitored.

Balance Sheet

The balance sheet of Newmont Mining is stable with a low debt-to-equity ratio of 0.24, indicating prudent financial leverage. The return on equity (ROE) is strong at 20.41%, reflecting effective use of equity to generate profits. The equity ratio stands at 58.20%, suggesting a solid capital structure. While the company maintains a healthy balance sheet, past fluctuations in equity and debt levels should be considered for future financial planning.

Cash Flow

Newmont Mining's cash flow statement is strong, with a significant free cash flow growth rate of 25.52% in the TTM period, indicating improved cash generation capabilities. The operating cash flow to net income ratio of 1.84 and free cash flow to net income ratio of 0.62 demonstrate efficient cash conversion. The company shows strong cash flow management, although historical volatility in free cash flow growth rates warrants attention.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	21.25B	18.56B	11.78B	11.95B	12.19B	11.42B
Gross Profit	9.70B	6.42B	1.17B	2.14B	2.38B	3.55B
EBITDA	13.25B	7.87B	1.86B	3.28B	5.54B	6.10B
Net Income	7.19B	3.35B	-2.52B	-459.00M	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 Mining Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 79.34
• 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 NEM, the sentiment is Neutral. The current price of 79.34 is below the 20-day moving average (MA) of 87.72, below the 50-day MA of 81.41, and above the 200-day MA of 59.36, indicating a neutral trend. The MACD of 0.43 indicates Positive momentum. The RSI at 41.74 is Neutral, neither overbought nor oversold. The STOCH value of 11.61 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NEM.

Newmont Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NEM	―	$86.58B	12.33	22.84%	1.12%	26.25%	―
GFI	―	$33.84B	18.29	35.09%	2.07%	49.62%	195.39%
HMY	―	$10.49B	13.03	32.05%	1.26%	29.08%	72.12%
RGLD	―	$15.24B	26.44	14.32%	1.00%	30.15%	86.71%
HL	―	$8.54B	81.47	4.67%	0.20%	36.30%	―
AU	―	$34.61B	29.38	―	2.48%	26.43%	―
Sector *	―	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Newmont Mining Corporate Events

Newmont Mining’s Earnings Call Highlights Robust Growth

Newmont Mining’s recent earnings call conveyed a positive sentiment, underscoring the company’s robust financial and operational performance. The call highlighted record cash flows and significant strides in asset divestment, cost management, and new mine production. Despite facing some production challenges and increased costs due to higher gold prices, Newmont’s strategic initiatives and commitment to shareholder returns position it well for future growth.

Newmont Corporation Reports Strong Q3 2025 Results

Newmont Corporation, a leading gold mining company, operates in the mining sector with a focus on gold and copper production across its global operations. Known for its commitment to sustainable mining practices, Newmont is a prominent player in the industry.

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 Mining Announces CEO Retirement and Successor

On September 29, 2025, Newmont Corporation announced the retirement of CEO Tom Palmer, effective December 31, 2025, and the appointment of Natascha Viljoen as his successor, effective January 1, 2026. Palmer, who has been with Newmont for over a decade, will continue as a Strategic Advisor until March 31, 2026, to ensure a smooth transition. Viljoen, who joined Newmont in 2023, brings over 30 years of global mining experience and will be the first woman to lead the company. This leadership change is part of Newmont’s long-term succession planning and is expected to continue the company’s focus on operational excellence and value creation.

The most recent analyst rating on (NEM) stock is a Buy with a $105.00 price target. To see the full list of analyst forecasts on Newmont Mining stock, see the NEM Stock Forecast page.

Newmont Mining Reports Record Cash Flow Amid Challenges

Newmont Mining’s recent earnings call painted a picture of robust financial health and operational success, tempered by some challenges on the horizon. The company reported record free cash flow and successful asset divestment, though it acknowledged potential hurdles such as the Red Chris incident, anticipated production declines, and increased capital expenditures in the latter half of the year.