Newmont
NEM
Market cap $64.4B

57.90 USD

+1.98

3.54%

At close Jun 13, 4:00 PM EDT

After hours

58.00

+0.10

0.17%

1 day

3.54%

5 days

10.58%

1 month

15.64%

3 months

26.83%

6 months

43.96%

Year to date

50.90%

1 year

42.75%

5 years

1.85%

10 years

140.95%

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 7,296 funds

0

Analysts bullish %

of 3 analysts

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]

70% more first-time investments, than exits

New positions opened: 199 | Existing positions closed: 117

49% more repeat investments, than reductions

Existing positions increased: 505 | Existing positions reduced: 340

26% more capital invested

Capital invested by funds: $30B [Q4 2024] → $37.8B (+$7.85B) [Q1 2025]

5% more funds holding

Funds holding: 1,137 [Q4 2024] → 1,196 (+59) [Q1 2025]

9% less call options, than puts

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

1.15% less ownership

Funds ownership: 70.69% [Q4 2024] → 69.54% (-1.15%) [Q1 2025]

See Fund Rankings

Research analyst outlook

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

Low target

$52

10%

downside

Avg. target

$58

1%

upside

High target

$63

9%

upside

3 analyst ratings

2 positive

67%

1 neutral

33%

0 negative

0%

UBS Daniel Major	4%upside $60	Buy Upgraded	11 Apr 2025
Raymond James Brian MacArthur	9%upside $63	Outperform Maintained	4 Apr 2025
RBC Capital Josh Wolfson	10%downside $52	Sector Perform Maintained	4 Apr 2025

See Analyst Rankings

Financial journalist opinion

Based on 42 articles about NEM published over the past 30 days

Schaeffers Research

3 Gold Stocks Buzzing as Safe-Haven Assets

With Middle East tensions at a fever pitch, investors everywhere are flocking to safe-haven assets.

3 Gold Stocks Buzzing as Safe-Haven Assets

Zacks Investment Research

Newmont Corporation (NEM) Is a Trending Stock: Facts to Know Before Betting on It

Newmont (NEM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Newmont Corporation (NEM) Is a Trending Stock: Facts to Know Before Betting on It

Zacks Investment Research

Newmont Corporation (NEM) Recently Broke Out Above the 20-Day Moving Average

Newmont Corporation (NEM) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, NEM broke through the 20-day moving average, which suggests a short-term bullish trend.

Newmont Corporation (NEM) Recently Broke Out Above the 20-Day Moving Average

Zacks Investment Research

Newmont's Soaring Unit Costs Warrant Caution: Can It Protect Margins?

NEM's Q1 cost surge and projected AISC rise raise concerns over profitability despite gold price-driven stock gains.

Newmont's Soaring Unit Costs Warrant Caution: Can It Protect Margins?

Zacks Investment Research

Newmont Corporation (NEM) Stock Falls Amid Market Uptick: What Investors Need to Know

Newmont Corporation (NEM) closed at $52.56 in the latest trading session, marking a -1.35% move from the prior day.

Newmont Corporation (NEM) Stock Falls Amid Market Uptick: What Investors Need to Know

Newmont: Even Conservative Earnings Estimates Indicate Upside

Newmont's price might not have gone anywhere in the past couple of months, but there's a good reason it can, even after the stock's robust YTD gains. Gold price, for one, is firmly on the upward trajectory after a small wobble following hopes of improved economic prospects because of US-China talks. The company's Q1 2025 earnings also surprised significantly to the upside, leaving room for more of the same trend for the rest of 2025.

Newmont: Even Conservative Earnings Estimates Indicate Upside

Zacks Investment Research

Are Basic Materials Stocks Lagging Newmont (NEM) This Year?

Here is how Newmont Corporation (NEM) and Posco (PKX) have performed compared to their sector so far this year.

Are Basic Materials Stocks Lagging Newmont (NEM) This Year?

Zacks Investment Research

5 Must-Buy Thriving Non-Tech Behemoths of Q1 Set to Tap More Gains

These 5 non-tech giants, HWM, NEM, PM, NWG and DB , each soared over 40% in Q1 and still have room to run in Q2.

5 Must-Buy Thriving Non-Tech Behemoths of Q1 Set to Tap More Gains

Zacks Investment Research

NEM or RGLD: Which Is the Better Value Stock Right Now?

Investors with an interest in Mining - Gold stocks have likely encountered both Newmont Corporation (NEM) and Royal Gold (RGLD). But which of these two stocks is more attractive to value investors?

NEM or RGLD: Which Is the Better Value Stock Right Now?

Zacks Investment Research

Is It Worth Investing in Newmont (NEM) Based on Wall Street's Bullish Views?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Is It Worth Investing in Newmont (NEM) Based on Wall Street's Bullish Views?

See News Rankings

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