NEM icon

Newmont

78.25 USD
-0.44
0.56%
At close Updated Sep 18, 3:55 PM EDT
1 day
-0.56%
5 days
-1.84%
1 month
13.41%
3 months
34.31%
6 months
63.67%
Year to date
103.94%
1 year
47.47%
5 years
20.92%
10 years
360.84%
 

About: Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to sell roughly 5.6 million ounces of gold in 2025 from its core mines after selling six higher-cost, smaller mines. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2024.

Employees: 22,200

0
Funds holding %
of 7,463 funds
0
Analysts bullish %
of 7 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

129% more first-time investments, than exits

New positions opened: 215 | Existing positions closed: 94

29% more capital invested

Capital invested by funds: $37.9B [Q1] → $48.9B (+$11B) [Q2]

26% more repeat investments, than reductions

Existing positions increased: 526 | Existing positions reduced: 417

16% more call options, than puts

Call options by funds: $2.34B | Put options by funds: $2.02B

8% more funds holding

Funds holding: 1,208 [Q1] → 1,308 (+100) [Q2]

5.81% more ownership

Funds ownership: 69.62% [Q1] → 75.44% (+5.81%) [Q2]

9% less funds holding in top 10

Funds holding in top 10: 43 [Q1] → 39 (-4) [Q2]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$68
13% downside
Avg. target
$75
5% downside
High target
$95
21% upside

7 analyst ratings

positive
57%
neutral
43%
negative
0%
RBC Capital
Josh Wolfson
$95
Outperform
Upgraded
10 Sep 2025
Macquarie
Andrew Bowler
$72
Neutral
Downgraded
2 Sep 2025
Scotiabank
Tanya Jakusconek
$72
Sector Perform
Maintained
28 Jul 2025
Raymond James
Brian MacArthur
$69
Outperform
Maintained
28 Jul 2025
CIBC
Anita Soni
$74
Neutral
Maintained
15 Jul 2025

Financial journalist opinion

Based on 41 articles about NEM published over the past 30 days

Positive
Zacks Investment Research
yesterday
Newmont Agrees to Divest Coffee Project in Yukon for $150M
NEM strikes a $150M deal to sell its Coffee Project in Yukon, securing cash, Fuerte shares and a royalty stake.
Newmont Agrees to Divest Coffee Project in Yukon for $150M
Neutral
Seeking Alpha
2 days ago
Newmont Corporation (NEM) Presents at Mining Forum Americas 2025 Prepared Remarks Transcript
Newmont Corporation (NYSE:NEM ) Mining Forum Americas 2025 September 16, 2025 11:30 AM EDT Company Participants Natascha Viljoen - President & COO Conference Call Participants Matthew Murphy - BMO Capital Markets Equity Research Presentation Natascha Viljoen President & COO And make sure that our safety systems, processes, capability in the business is where we need it to be for safe operations. That goes hand in hand with how we think about productivity in lease operations.
Newmont Corporation (NEM) Presents at Mining Forum Americas 2025 Prepared Remarks Transcript
Positive
Zacks Investment Research
2 days ago
Is Newmont Stock Still a Buy After a 36% Rally in 3 Months?
NEM's stock has soared on record gold prices and strong earnings, but rising costs test the outlook for future gains.
Is Newmont Stock Still a Buy After a 36% Rally in 3 Months?
Positive
Benzinga
3 days ago
Newmont's Midas Touch: Turning Dirt Into 106% YTD Gold While S&P 500 Settles For Bronze
In 2025's stock market spotlight — dominated by tech titans such as Nvidia Corp NVDA and Meta Platforms Inc META — Newmont Corp. NEM is quietly stealing the show. The world's largest gold miner has surged 106% year-to-date (YTD) as of Sep. 15, turning ore into investor treasure.
Newmont's Midas Touch: Turning Dirt Into 106% YTD Gold While S&P 500 Settles For Bronze
Positive
Zacks Investment Research
3 days ago
Newmont Corporation (NEM) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Newmont (NEM). This makes it worthwhile to examine what the stock has in store.
Newmont Corporation (NEM) Is a Trending Stock: Facts to Know Before Betting on It
Neutral
Business Wire
3 days ago
Newmont Announces Sale of the Coffee Project for up to $150 Million
DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) announced today that it has agreed to sell its Coffee Project in Yukon, Canada to Fuerte Metals Corporation (“Fuerte”) for up to $150 million in total consideration. The transaction is expected to close in the fourth quarter of 2025, subject to certain conditions being satisfied.1 Under the terms of the agreement, Newmont expects to receive gross proceeds of up to $150 million, w.
Newmont Announces Sale of the Coffee Project for up to $150 Million
Positive
The Motley Fool
5 days ago
These Were the 3 Top-Performing Stocks in the S&P 500 in August 2025
The stock market trended higher in August. The popular S&P 500 (^GSPC -0.05%) index gained 1.9% last month.
These Were the 3 Top-Performing Stocks in the S&P 500 in August 2025
Neutral
Benzinga
5 days ago
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Positive
Zacks Investment Research
6 days ago
5 Gold Mining Stocks in Focus as Industry Prospects Shine
With rising gold prices and solid demand boding well for the Zacks Mining - Gold industry, investors may watch stocks like NEM, FNV, KGC, EGO and NGD.
5 Gold Mining Stocks in Focus as Industry Prospects Shine
Positive
Zacks Investment Research
6 days ago
Newmont Corporation (NEM) Beats Stock Market Upswing: What Investors Need to Know
In the most recent trading session, Newmont Corporation (NEM) closed at $79.65, indicating a +1.56% shift from the previous trading day.
Newmont Corporation (NEM) Beats Stock Market Upswing: What Investors Need to Know
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