NEM Stock Analysis: Newmont Goldcorp | NYSE
Gold | NYSE, USA | Market Cap: 101.119m USD | 12M Return: 48.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 723M
EPS Trend: 99.5%
Qual. Beats: 0
Rev. Trend: 95.2%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 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: 39.41% < 20% (prev 29.20%; Δ 10.20% < -1%) |
| CFO/TA 0.22 > 3% & CFO 12.6b > Net Income 8.60b |
| Net Debt (-7.21b) to EBITDA (14.8b): -0.49 < 3 |
| Current Ratio: 2.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.07b) vs 12m ago -4.05% < -2% |
| Gross Margin: 49.88% > 18% (prev 40.90%; Δ 8.98% > 0.5%) |
| Asset Turnover: 36.35% > 50% (prev 35.56%; Δ 0.79% > 0%) |
| Interest Coverage Ratio: 136.6 > 6 (EBIT TTM 12.2b / Interest Expense TTM 89.0m) |
| 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: 0.22 (EBIT TTM 12.2b / Avg Total Assets 56.4b) |
| D: 1.59 (Book Value of Equity 35.4b / Total Liabilities 22.2b) |
| Altman-Z'' = 4.36 = AA |
| DSRI: 1.77 (Receivables 1.18b/637.0m, Revenue 20.5b/19.6b) |
| GMI: 0.82 (GM 40.90% / 49.88%) |
| AQI: 0.92 (AQ_t 0.19 / AQ_t-1 0.20) |
| SGI: 1.05 (Revenue 20.5b / 19.6b) |
| TATA: -0.07 (NI 8.60b - CFO 12.6b) / TA 57.6b) |
| Beneish M = -2.58 (Cap -4..+1) = A |
As of July 28, 2026, the stock is trading at USD 93.47 with a total of 4,182,356 shares traded. Over the past week, the price has changed by +4.79%, over one month by -1.10%, over three months by -19.29% and over the past year by +48.39%.
Current recommended Stop Loss: 88.70 (which is 5.1% or 1.3 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 | 130 | 39% |
P/E Trailing = 12.2853
P/E Forward = 9.7466
P/S = 4.0943
P/B = 2.8271
P/EG = 2.7807
Revenue TTM = 20.5b USD
EBIT TTM = 12.2b USD
EBITDA TTM = 14.8b USD
Long Term Debt = 5.12b USD (from longTermDebt, last fiscal year)
Short Term Debt = 383.0m USD (from shortTermDebt, last quarter)
Debt = 5.92b USD (from shortLongTermDebtTotal, last quarter) + Leases 453.0m
Net Debt = -7.21b USD (calculated: Debt 5.92b - CCE 13.1b)
Enterprise Value = 93.9b USD (101b + Debt 5.92b - CCE 13.1b)
Interest Coverage Ratio = 136.6 (Ebit TTM 12.2b / Interest Expense TTM 89.0m)
EV/FCF = 7.35x (Enterprise Value 93.9b / FCF TTM 12.8b)
FCF Yield = 13.60% (FCF TTM 12.8b / Enterprise Value 93.9b)
FCF Margin = 62.27% (FCF TTM 12.8b / Revenue TTM 20.5b)
Net Margin = 41.93% (Net Income TTM 8.60b / Revenue TTM 20.5b)
Gross Margin = 49.88% ((Revenue TTM 20.5b - Cost of Revenue TTM 10.3b) / Revenue TTM)
Gross Margin QoQ = -52.30% (prev 62.44%)
Tobins Q-Ratio = 1.63 (Enterprise Value 93.9b / Total Assets 57.6b)
Interest Expense / Debt = 1.50% (Interest Expense 89.0m / Debt 5.92b)
Taxrate = 36.71% (5.06b / 13.8b)
NOPAT = 7.69b (EBIT 12.2b * (1 - 36.71%))
Current Ratio = 2.55 (Total Current Assets 13.3b / Total Current Liabilities 5.23b)
Debt / Equity = 0.17 (Debt 5.92b / totalStockholderEquity, last quarter 35.4b)
Debt / EBITDA = -0.49 (Net Debt -7.21b / EBITDA 14.8b)
Debt / FCF = -0.56 (Net Debt -7.21b / 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 = 30.79% (EBIT 12.2b / Capital Employed (Equity 34.4b + L.T.Debt 5.12b))
RoIC = 14.86% (NOPAT 7.69b / Invested Capital 51.8b)
WACC = 7.84% (E(101b)/V(107b) * Re(8.24%) + D(5.92b)/V(107b) * Rd(1.50%) * (1-Tc(0.37)))
Discount Rate = 8.24% (= 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 = 235.5 (EV 244b - Net Debt -7.21b = Equity 251b / Shares 1.07b; 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: 95.19 | Revenue CAGR: 30.79% | SUE: -4.0 | # QB: -1
EPS current Quarter (2026-09-30): EPS=2.18 | Chg30d=-18.36% | Revisions=-50% | Analysts=9
EPS current Year (2026-12-31): EPS=9.38 | Chg30d=-8.21% | Revisions=-38% | GrowthEPS=+36.2% | GrowthRev=+19.2%
EPS next Year (2027-12-31): EPS=10.57 | Chg30d=-6.84% | Revisions=+0% | GrowthEPS=+12.7% | GrowthRev=+7.5%
[Analyst] Revisions Ratio: -35% (up=4, down=10)