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Newmont NEM

US equityMarket cap rank #121GoldSafe-Haven Assets
$121.09
−$2.46 (-1.99%)
Market open · Sep 24, 1:10 pm ET
After hours $122.99 -0.45%
Open$122.40
Prev close$123.55
Day range$120.02 – $122.50
Volume2.53M
Market cap$127.59B
P/E (TTM)15.3
Dividend yield0.84%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

NEM at a glance

Newmont (NEM) is trading at $121.09, down 1.99% on the day. Its market value of $127.59B makes it the 121st largest of the 300 companies we follow.

The 52-week range is $75.34 to $135.01. Today's price is about 77% of the way from the low to the high. Holders are ahead 46.4% over twelve months, and up 29.0% across the last three months.

On the chart it holds above both the 50-day ($114.18) and 200-day ($110.28) moving averages; RSI is 50, and the last 30 sessions moved at roughly 44% annualized volatility.

For the quarter ended Jun 2026 it reported $6.12B in revenue, up 15.1% from a year earlier, with $2.25B of net profit (a 33.4% margin).

Valuation works out to 15.3 times trailing earnings, 1,060% above its five-year average of 1.3. The median for its industry group is 18.9.

12 analysts follow the stock and the average call is "buy". The mean target, $137.71, sits 13.7% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Newmont: the business

Newmont is the largest gold miner in the world, with mines across the Americas, Africa and Australia.

What tends to move it. Gold prices and cost per ounce drive earnings, and mine performance is watched closely.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
-2.0%
1 week
-0.6%
1 month
-8.0%
3 months
+29.0%
6 months
+22.8%
Year to date
+22.1%
1 year
+46.4%
Day range
$120.02$122.50
52-week range
$75.34$135.01

Technical signals

Full technicals →
Trend readLeaning bearish

3 bullish · 4 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average-3.9%Bearish
Price vs 50-day average+6.1%Bullish
Price vs 200-day average+9.8%Bullish
50-day vs 200-day50d above 200dBullish
RSI (14)49.8Bearish
MACD (12,26,9)1.80Bearish
Bollinger band position9%Bearish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$121.04 / $121.13
Average price today$121.00
Volume2.53MAvg (90d) 8.07M
Turnover$306.73M
Turnover rate0.24%of shares outstanding
Volume ratio0.52vs. recent average pace
Day amplitude2.01%
Market cap$127.59B
Float market cap$127.31B
Shares outstanding1.05B
EPS (TTM)$6.39
P/E (TTM)15.27
P/B3.62
Book value / share$33.45
Earnings yield0.24%
Dividend (TTM)$1.02 / shareYield 0.84%
Net profit (TTM)$6.73B
Net assets$35.24B
30-day volatility43.7%annualized
Avg daily range (ATR)3.62%of price, 14 days
Max drawdown (1y)-32.1%-10.2% from 1y peak

Quote as of Sep 24, 2026 1:10 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How NEM ranks on BeStock

Market value#121 of 300
P/E (cheapest = 1)#81 of 283
Dividend yield#187 of 244
Closeness to 52-week high#111 of 300
Dollar volume today#119 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026

Revenue$6.12B+15.1% YoY
Operating profit$3.16B+30.5% YoY
Net profit$2.25B+8.5% YoY
Diluted EPS$2.06+11.4% YoY
Free cash flow$2.21B+28.9% YoY
Operating cash flow$2.92B

Revenue, last 8 quarters

$4.6BSep '24$5.7BDec '24$5.0BMar '25$5.3BJun '25$5.5BSep '25$6.8BDec '25$7.3BMar '26$6.1BJun '26

Net profit, last 8 quarters

$924.0MSep '24$1.4BDec '24$1.9BMar '25$2.1BJun '25$1.8BSep '25$1.3BDec '25$3.3BMar '26$2.3BJun '26

Profitability & balance sheet

Gross margin59.1%
Operating margin55.2%
Net margin33.4%
Return on equity25.5%
Return on assets15.2%
Return on invested capital21.1%
Current ratio2.55
Liabilities / assets38.6%
Cash & investments$9.01B
Total debt$5.47B
Net cash (debt)$3.54B
Free cash flow / sales37.8%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Nevada Gold Mines (NGM)$1.07B 17.5%
  • Other$922.00M 15.1%
  • Boddington$747.00M 12.2%
  • Penasquito$663.00M 10.8%
  • Lihir$640.00M 10.5%
  • Yanacocha$581.00M 9.5%
  • Ahafo South$415.00M 6.8%
  • Tanami$404.00M 6.6%
  • Cadia$345.00M 5.6%
  • Merian$332.00M 5.4%
Average move on report day±5.5%last 16 reports
Closed higher7 of 1644% of the time
Best reaction+12.5%
Worst reaction-14.7%

Stock move on the day after each report

-14.7%2024/Q3-5.7%2024/Q4+4.8%2025/Q1+6.9%2025/Q2-6.2%2025/Q3-2.6%2025/Q4+8.7%2026/Q1-1.6%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings15.4x
CheapRich

Above its usual level · 61st percentile, 5-year average 1.3x

#1157 of 2975 stocks by PE (1 = cheapest)

Price / book3.6x
CheapRich

Near the top of its 5-year range · 94th percentile, 5-year average 2.2x

#3879 of 5302 stocks by PB (1 = cheapest)

Price / sales5.0x
CheapRich

Near the top of its 5-year range · 90th percentile, 5-year average 3.7x

#3845 of 5141 stocks by PS (1 = cheapest)

P/E over five years

-107x-48x10x68xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$67.00
Price vs. fair value+80.7%Trading above the estimate
Star rating★☆☆☆☆
UncertaintyHigh

Analyst view

All ratings →
ConsensusBuy
Analysts12
Average target$137.71+13.7% vs. price
  • Buy 92%
  • Hold 8%
Low $110.00Now $121.09Avg $137.71High $170.00

Latest rating actions

  • 16 Sep 2026UBSBUY · PT $155.00
  • 15 Sep 2026Goldman SachsBUY · PT $127.50
  • 14 Sep 2026BernsteinBUY · PT $144.00
  • 9 Sep 2026BernsteinBUY · PT $144.00
  • 31 Aug 2026TD CowenBUY · PT $133.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership81.3%+0.58 pts vs. prior quarter
Institutions holding2,217-7 vs. prior quarter
Insider trades (recent)18 buys / 6 sellsNet buying
Short interest1.63% of floatDays to cover 1.9 · as of 31 Aug 2026
Short-sale volume share18.2%5-day average of daily volume

Short-sale volume as % of daily volume

7%13%19%25%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: +$9.67M (10 inflow days, 10 outflow days).

Dividends

Dividend yield (TTM)0.84%
Last dividend$0.26Ex-date 3 Sep 2026
Next-to-last$0.26
Payments on file40

Dividends paid per share, by year

0.7020181.3020191.0420202.2020212.2020221.6020231.0020241.002025

Across the full calendar years shown, the annual payout grew by roughly 5.2% a year.

Latest headlines

More news →
  • Bernstein Maintains Newmont(NEM.US) With Buy Rating, Cuts Target Price to $144Market news · 9 Sep 2026
  • Newmont Price Target Raised 14% to A$210.00/Share by UBSDow Jones · 7 Sep 2026
  • UBS Maintains Newmont(NEM.US) With Buy Rating, Raises Target Price to $155Market news · 16 Sep 2026
  • Goldman Sachs Maintains Newmont(NEM.US) With Buy Rating, Raises Target Price to $127.5Market news · 15 Sep 2026
  • Bernstein Maintains Newmont(NEM.US) With Buy Rating, Maintains Target Price $144Market news · 15 Sep 2026
  • RBC Capital Maintains Newmont(NEM.US) With Buy Rating, Maintains Target Price $135Market news · 19 Aug 2026

NEM stock: common questions

How is Newmont stock doing today?

$121.09 is the latest print for NEM, a move of -1.99% against yesterday's close of $123.55. Today's low and high so far: $120.02 and $122.50.

How big is Newmont?

Equity value comes to $127.59B at the current price. By that measure it is number 121 of the 300 names in our coverage.

How is Newmont valued against its profits?

Buyers pay 15.3 times the last twelve months of profit (EPS $6.39). Averaged over five years the multiple has been 1.3, and today's level ranks in the 61st percentile of its own history.

Where does NEM sit in its 52-week range?

The year's floor is $75.34 and the ceiling $135.01. Shares are 10.3% away from that ceiling.

Does NEM send cash back through a dividend?

It does. Payouts over the past twelve months work out to a 0.84% yield; the latest ex-dividend date was September 3, 2026.

What is the analyst view on Newmont?

Of 12 analysts, 92% say buy, 8% hold and 0% sell. Price targets average $137.71, with the most cautious at $110.00 and the most optimistic at $170.00.

What does Newmont do?

Newmont is the largest gold miner in the world, with mines across the Americas, Africa and Australia.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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