NEM Stock Analysis: Newmont Goldcorp | NYSE
Gold | NYSE, USA | Market Cap: 130.184m USD | 12M Return: 46.5% | US6516391066 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 900M
EPS Trend: 99.5%
Qual. Beats: 0
Rev. Trend: 97.5%
Qual. Beats: -1
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Newmont Corporation (NYSE: NEM) is a gold producer that also explores for copper, silver, lead, zinc, and other metals. The company maintains operations and/or assets across a geographically diverse portfolio spanning the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, the Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. Founded in 1916 and headquartered in Denver, Colorado, Newmont is listed on the NYSE and operates within the Materials sector (GICS Sub Industry: Gold), where it is widely regarded as one of the worlds largest gold mining companies. As a producer in the precious metals industry, Newmonts revenue is primarily tied to the market price of gold, with copper and silver often recovered as byproducts of gold mining operations.
- Gold price appreciation lifts realized prices and operating margins
- All-in sustaining costs decline driving free cash flow expansion
- Nevada Gold Mines JV with Barrick delivers record production volumes
| Net Income: 8.60b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.22 > 0.02 and ΔFCF/TA 13.28 > 1.0 |
| NWC/Revenue: 35.77% < 20% (prev 29.20%; Δ 6.57% < -1%) |
| CFO/TA 0.22 > 3% & CFO 12.6b > Net Income 8.60b |
| Net Debt (-7.15b) to EBITDA (14.5b): -0.49 < 3 |
| Current Ratio: 2.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.07b) vs 12m ago -4.05% < -2% |
| Gross Margin: 54.50% > 18% (prev 40.90%; Δ 13.60% > 0.5%) |
| Asset Turnover: 40.05% > 50% (prev 35.56%; Δ 4.49% > 0%) |
| Interest Coverage Ratio: 74.31 > 6 (EBIT TTM 11.8b / Interest Expense TTM 159.0m) |
| A: 0.14 (Total Current Assets 13.3b - Total Current Liabilities 5.23b) / Total Assets 57.6b |
| B: 0.10 (Retained Earnings 5.72b / Total Assets 57.6b) |
| C: 0.21 (EBIT TTM 11.8b / Avg Total Assets 56.4b) |
| D: 1.59 (Book Value of Equity 35.4b / Total Liabilities 22.2b) |
| Altman-Z'' = 4.32 = AA |
| DSRI: 1.61 (Receivables 1.18b/637.0m, Revenue 22.6b/19.6b) |
| GMI: 0.75 (GM 40.90% / 54.50%) |
| AQI: 0.92 (AQ_t 0.19 / AQ_t-1 0.20) |
| SGI: 1.15 (Revenue 22.6b / 19.6b) |
| TATA: -0.07 (NI 8.60b - CFO 12.6b) / TA 57.6b) |
| Beneish M = -2.70 (Cap -4..+1) = A |
As of September 27, 2026, the stock is trading at USD 121.43 with a total of 3,516,645 shares traded. Over the past week, the price has changed by -1.60%, over one month by -9.96%, over three months by +27.62% and over the past year by +46.49%.
Current recommended Stop Loss: 115.50 (which is 4.9% or 1.4 ATR below the current price).
Newmont Goldcorp has received a consensus analysts rating of 4.36. Therefore, it is recommended to buy NEM.
- StrongBuy: 13
- Buy: 5
- Hold: 3
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 136.6 | 12.5% |
P/E Trailing = 15.5801
P/E Forward = 11.6279
P/S = 5.0523
P/B = 3.8048
P/EG = 2.8267
Revenue TTM = 22.6b USD
EBIT TTM = 11.8b USD
EBITDA TTM = 14.5b USD
Long Term Debt = 5.08b USD (from longTermDebt, last quarter)
Short Term Debt = 383.0m USD (from shortTermDebt, last quarter)
Debt = 5.98b USD (from shortLongTermDebtTotal, last quarter) + Leases 515.0m
Net Debt = -7.15b USD (calculated: Debt 5.98b - CCE 13.1b)
Enterprise Value = 123b USD (130b + Debt 5.98b - CCE 13.1b)
Interest Coverage Ratio = 74.31 (Ebit TTM 11.8b / Interest Expense TTM 159.0m)
EV/FCF = 9.64x (Enterprise Value 123b / FCF TTM 12.8b)
FCF Yield = 10.38% (FCF TTM 12.8b / Enterprise Value 123b)
FCF Margin = 56.53% (FCF TTM 12.8b / Revenue TTM 22.6b)
Net Margin = 38.06% (Net Income TTM 8.60b / Revenue TTM 22.6b)
Gross Margin = 54.50% ((Revenue TTM 22.6b - Cost of Revenue TTM 10.3b) / Revenue TTM)
Gross Margin QoQ = 39.55% (prev 62.44%)
Tobins Q-Ratio = 2.13 (Enterprise Value 123b / Total Assets 57.6b)
Interest Expense / Debt = 2.66% (Interest Expense 159.0m / Debt 5.98b)
Taxrate = 37.84% (5.21b / 13.8b)
NOPAT = 7.34b (EBIT 11.8b * (1 - 37.84%))
Current Ratio = 2.55 (Total Current Assets 13.3b / Total Current Liabilities 5.23b)
Debt / Equity = 0.17 (Debt 5.98b / totalStockholderEquity, last quarter 35.4b)
Debt / EBITDA = -0.49 (Net Debt -7.15b / EBITDA 14.5b)
Debt / FCF = -0.56 (Net Debt -7.15b / FCF TTM 12.8b)
Total Stockholder Equity = 34.4b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.24% (Net Income 8.60b / Total Assets 57.6b)
RoE = 25.02% (Net Income TTM 8.60b / Total Stockholder Equity 34.4b)
RoCE = 29.96% (EBIT 11.8b / Capital Employed (Equity 34.4b + L.T.Debt 5.08b))
RoIC = 14.22% (NOPAT 7.34b / Invested Capital 51.7b)
WACC = 8.12% (E(130b)/V(136b) * Re(8.42%) + D(5.98b)/V(136b) * Rd(2.66%) * (1-Tc(0.38)))
Discount Rate = 8.42% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -97.07 | Cagr: -3.39%
[DCF] Terminal Value 77.97% ; FCFF base≈9.62b ; Y1≈11.0b ; Y5≈16.2b
[DCF] Fair Price = 238.5 (EV 244b - Net Debt -7.15b = Equity 251b / Shares 1.05b; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 99.46 | EPS CAGR: 106.0% | SUE: 0.21 | # QB: 0
Revenue Correlation: 97.50 | Revenue CAGR: 32.76% | SUE: -4.0 | # QB: -1
EPS current Quarter (2026-09-30): EPS=1.94 | Chg30d=+1.42% | Revisions=-44% | Analysts=7
EPS current Year (2026-12-31): EPS=9.21 | Chg30d=+0.63% | Revisions=+0% | GrowthEPS=+33.7% | GrowthRev=+18.1%
EPS next Year (2027-12-31): EPS=10.24 | Chg30d=+1.59% | Revisions=+18% | GrowthEPS=+11.2% | GrowthRev=+9.1%
[Analyst] Revisions Ratio: -7% (up=11, down=13)