NEWMONT Corp (NEM)
Materials · Gold · US stock · S&P 500 component
$118.60
▲ +2.81 (2.43%)
Fair valueFair
$117 −1.7% to fair value
$58fair band $70–$163$175
Day's range
$115.03 – $120.05
52-week range
$75.34 – $135.01
About NEWMONT Corp
Newmont is a gold mining company that also produces copper, silver, lead and zinc as by-products. It operates mines and develops projects in North America, South America, Africa, Australia and other regions. Revenue comes from selling metal at market prices, so results depend heavily on the price of gold, production volumes and the cost of mining, energy and labor at each site.
Over the last twelve months NEWMONT Corp reported revenue of $25.8 billion. Over three years revenue has grown by 23.9% a year. The operating margin is 51.8%. Return on invested capital is 30%. Net debt to EBITDA is -0.2 times, which means the company holds more cash than debt. It pays a dividend with a yield of 0.9%. The X-Ray Score is 75 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $75.34 – $135.01Volume 8,383,500Daily, split-adjusted
Vitals
Market cap$126.5B
52-week range$75.34 – $135.01
Volume (last day)8,383,500
P/E (TTM)15.0
EBIT / EV yield10.9%
Free-cash-flow yield7.7%
Dividend yield0.9%
Revenue (TTM)$25.8B
Net income (TTM)$8.6B
Operating margin51.8%
Return on capital29.8%
Debt incl. leases$5.1B
Cash & securities$9.0B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$117model spread $106 – $128
Fair
−1.7% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is High, so the safety margin is 40%.
Multiples use through-the-cycle earnings (0.36x of the last twelve months)
Peak-cycle earnings: the current operating margin is more than 1.5x its 7-year average, so the fair value range is widened
Price $119
Undervalued < $70Fair $70 – $163Overvalued > $163
10-year DCF (market-scaled)
$152
Peer multiples
$85
Earnings power floor (not blended)
$41
Fundamentals-adjusted multiple
$113
Growth the price implies
20.3%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Strong business at a fair price
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Materials peers. Open a lens to see the numbers behind it.
Valuation
Strong
71/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield10.9%
Free-cash-flow yield7.7%
Fair value vs price1.0×
Growth
Strong
92/100
Growing faster than most of its sector.
See the numbers →
Revenue growth (3y)23.9%
Growth consistency100%
Profitability
Strong
72/100
Earns high returns on the capital it uses.
See the numbers →
Return on invested capital29.8%
Operating margin51.8%
Financial health
Strong
91/100
Balance sheet looks strong: debt is well covered.
See the numbers →
Piotroski F-Score9 / 9
Net debt / EBITDA-0.2×
Interest coverNo interest cost
Dividends
Weak
33/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield0.9%
Dividends vs free cash flow11%
Dividend growth-14.1%
Quarterly results: last 6 quarters
+24.5%
Mar '25
+20.8%
Jun '25
+20.0%
Sep '25
+20.6%
Dec '25
+45.8%
Mar '26
+15.1%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $6.1B, diluted EPS $2.06.
Fundamentals checklist
● 13 Good · ● 1 Average · ● 0 BadCash quality
Earnings backed by cashGood
Free-cash-flow yieldGood
Risk models
Altman Z''Good
Piotroski F-ScoreGood
Growth
Free-cash-flow growth (3y)Good
Revenue growth (3y)Good
Growth consistencyGood
Balance sheet
Current ratioGood
Net debt / EBITDAGood
Interest coverGood
Valuation
Fair value vs priceAverage
EBIT / EV yieldGood
Profitability
Return on invested capitalGood
Operating marginGood
Each check is graded against the company's sector, not a fixed number. Checklist score 88/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $12.2B | $11.9B | $11.8B | $18.7B | $22.7B |
| Operating income | $1.1B | −$51M | −$2.0B | $4.6B | $11.3B |
| Net income | $1.2B | −$429M | −$2.5B | $3.3B | $7.1B |
| Operating cash flow | $4.3B | $3.2B | $2.8B | $6.4B | $10.3B |
| Operating margin | 9.1% | -0.4% | -17.2% | 24.5% | 50.0% |
| Free cash flow | $2.6B | $1.1B | $97M | $3.0B | $7.3B |
| Diluted EPS | $1.46 | $-0.54 | $-2.97 | $2.92 | $6.39 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
10 bullish · 2 neutral · 4 bearish
Weekly
Strongly bullish
10 bullish · 1 neutral · 1 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 115.8 | Bullish |
| EMA 10 | 116.3 | Bullish |
| SMA 20 | 117.7 | Bullish |
| EMA 20 | 117.5 | Bullish |
| SMA 50 | 121.7 | Bearish |
| EMA 50 | 117.1 | Bullish |
| SMA 100 | 109.8 | Bullish |
| EMA 100 | 113.7 | Bullish |
| SMA 200 | 111.8 | Bullish |
| EMA 200 | 107.3 | Bullish |
Oscillators (daily)
| RSI (14) | 51.04 | Neutral |
| MACD (12, 26) | -1.43 | Bearish |
| Momentum (12) | 2.83 | Bullish |
| Stochastic %K (14) | 85.80 | Bearish |
| Williams %R (14) | -14.20 | Bearish |
| CCI (20) | 10.76 | Neutral |
Pivot points (classic, last session)
S3 110.7 | S2 112.9 | S1 115.7 | Pivot 117.9 | R1 120.8 | R2 122.9 | R3 125.8 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
1.03 USD
Yield on today's price
0.87%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 3 Sep 2026 | 0.2600 |
| 27 May 2026 | 0.2600 |
| 3 Mar 2026 | 0.2600 |
| 26 Nov 2025 | 0.2500 |
| 4 Sep 2025 | 0.2500 |
| 27 May 2025 | 0.2500 |
| 4 Mar 2025 | 0.2500 |
| 27 Nov 2024 | 0.2500 |
| 5 Sep 2024 | 0.2500 |
| 4 Jun 2024 | 0.2500 |
| 4 Mar 2024 | 0.2500 |
| 29 Nov 2023 | 0.4000 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
NEM SEC filings
20 Aug 2026
8-KSEC EDGAR
Director or officer change
13 Aug 2026
8-KSEC EDGAR
Entered a material agreement; Regulation FD disclosure
23 Jul 2026
10-QSEC EDGAR
Quarterly report
23 Jul 2026
8-KSEC EDGAR
Results of operations
15 Jun 2026
8-KSEC EDGAR
Director or officer change; Regulation FD disclosure
13 May 2026
8-KSEC EDGAR
Shareholder vote results
28 Apr 2026
8-KSEC EDGAR
Director or officer change
23 Apr 2026
10-QSEC EDGAR
Quarterly report
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.