60.13 USD
+0.35
0.59%
At close Jul 11, 4:00 PM EDT
After hours
60.14
+0.01
0.02%
1 day
0.59%
5 days
1.95%
1 month
12.79%
3 months
9.39%
6 months
53.51%
Year to date
56.71%
1 year
27.48%
5 years
0.99%
10 years
167.24%
 

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 7,312 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

105% more funds holding in top 10

Funds holding in top 10: 21 [Q4 2024] → 43 (+22) [Q1 2025]

72% more first-time investments, than exits

New positions opened: 201 | Existing positions closed: 117

48% more repeat investments, than reductions

Existing positions increased: 505 | Existing positions reduced: 341

26% more capital invested

Capital invested by funds: $30B [Q4 2024] → $37.9B (+$7.89B) [Q1 2025]

5% more funds holding

Funds holding: 1,137 [Q4 2024] → 1,199 (+62) [Q1 2025]

9% less call options, than puts

Call options by funds: $1.43B | Put options by funds: $1.57B

1.08% less ownership

Funds ownership: 70.69% [Q4 2024] → 69.61% (-1.08%) [Q1 2025]

Research analyst outlook

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

Low target
$68
13%
upside
Avg. target
$71
17%
upside
High target
$73
21%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Stifel
Ralph Profiti
21%upside
$73
Buy
Initiated
9 Jul 2025
UBS
Daniel Major
13%upside
$68
Buy
Maintained
3 Jul 2025

Financial journalist opinion

Based on 44 articles about NEM published over the past 30 days

Negative
Seeking Alpha
19 hours ago
From Big Gains To Big Concerns: Why I Just Dumped Newmont Again
Newmont has twice been a big winner for me. My investment thesis has fallen apart. I share how and why I sold my NEM shares.
From Big Gains To Big Concerns: Why I Just Dumped Newmont Again
Positive
Zacks Investment Research
1 day ago
Newmont Corporation (NEM) Just Overtook the 20-Day Moving Average
From a technical perspective, Newmont Corporation (NEM) is looking like an interesting pick, as it just reached a key level of support. NEM recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
Newmont Corporation (NEM) Just Overtook the 20-Day Moving Average
Neutral
CNBC Television
2 days ago
Bill Baruch launches new mining portfolio
Bill Baruch, founder and president at Blue Line Capital, joins CNBC's “Halftime Report” to detail the new portfolio his firm just launched focused on mining and precious metals.
Bill Baruch launches new mining portfolio
Negative
Zacks Investment Research
3 days ago
Newmont Corporation (NEM) Suffers a Larger Drop Than the General Market: Key Insights
Newmont Corporation (NEM) closed at $57.61 in the latest trading session, marking a -4.24% move from the prior day.
Newmont Corporation (NEM) Suffers a Larger Drop Than the General Market: Key Insights
Negative
Investopedia
3 days ago
Top Stock Movers Now: Enphase Energy, Newmont, Stanley Black & Decker, and More
U.S. equities were slightly lower at midday as the market weighed the potential impact of the latest Trump administration tariffs. The Dow Jones Industrials Average slipped 0.2%, and the S&P 500 and Nasdaq were down marginally.
Top Stock Movers Now: Enphase Energy, Newmont, Stanley Black & Decker, and More
Negative
Reuters
4 days ago
Newmont to fire at least 10% of staff at Suriname's Merian mine
Newmont, the world's largest listed gold miner, announced on Friday that it would lay off 10% to 15% of its workforce at its Merian mine in Suriname, citing production declines.
Newmont to fire at least 10% of staff at Suriname's Merian mine
Positive
Zacks Investment Research
4 days ago
Is Trending Stock Newmont Corporation (NEM) a Buy Now?
Zacks.com users have recently been watching Newmont (NEM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Is Trending Stock Newmont Corporation (NEM) a Buy Now?
Positive
Zacks Investment Research
1 week ago
Why Newmont Corporation (NEM) is a Top Growth Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Why Newmont Corporation (NEM) is a Top Growth Stock for the Long-Term
Positive
Zacks Investment Research
1 week ago
5 Momentum Picks for Third-Quarter 2025 After a Stellar Second Quarter
JBL, NEM, HEI, ROK and EL are riding strong Q3 momentum after U.S. stocks posted their best quarter in over a year.
5 Momentum Picks for Third-Quarter 2025 After a Stellar Second Quarter
Positive
Zacks Investment Research
1 week ago
Will Newmont (NEM) Beat Estimates Again in Its Next Earnings Report?
Newmont (NEM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Will Newmont (NEM) Beat Estimates Again in Its Next Earnings Report?
Charts implemented using Lightweight Charts™