NEM Stock Analysis: Newmont Goldcorp | NYSE
Gold | NYSE, USA | Market Cap: 125.649m USD | 12M Return: 43.1% | US6516391066 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 732M
EPS Trend: 99.3%
Qual. Beats: 1
Rev. Trend: 98.7%
Qual. Beats: 0
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 large-cap U.S.-based gold producer headquartered in Denver, Colorado, with operations and assets spanning more than a dozen countries across North America, South America, Africa, and the Asia-Pacific region. Founded in 1916 and listed since 1978, the company is classified within the Materials sector (Gold sub-industry) and primarily produces gold, while also exploring for copper, silver, lead, zinc, and other metals. As a diversified gold miner with a global footprint, Newmont is exposed to both commodity price volatility and country-specific operating risks typical of the precious metals mining industry.
- Gold prices rally on Fed rate cuts and geopolitical risk
- All-in sustaining costs decline boost free cash flow margins
- Capital returns expand via dividend hikes and share buybacks
| Net Income: 9.24b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.17 > 0.02 and ΔFCF/TA 6.91 > 1.0 |
| NWC/Revenue: 30.47% < 20% (prev 25.92%; Δ 4.56% < -1%) |
| CFO/TA 0.23 > 3% & CFO 13.1b > Net Income 9.24b |
| Net Debt (-2.88b) to EBITDA (16.8b): -0.17 < 3 |
| Current Ratio: 2.45 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.05b) vs 12m ago -4.45% < -2% |
| Gross Margin: 61.63% > 18% (prev 44.95%; Δ 16.68% > 0.5%) |
| Asset Turnover: 46.71% > 50% (prev 37.30%; Δ 9.41% > 0%) |
| Interest Coverage Ratio: 104.0 > 6 (EBIT TTM 14.3b / Interest Expense TTM 138.0m) |
| A: 0.14 (Total Current Assets 13.6b - Total Current Liabilities 5.54b) / Total Assets 58.2b |
| B: 0.11 (Retained Earnings 6.58b / Total Assets 58.2b) |
| C: 0.25 (EBIT TTM 14.3b / Avg Total Assets 56.4b) |
| D: 1.60 (Book Value of Equity 35.7b / Total Liabilities 22.3b) |
| Altman-Z'' = 4.66 = AA |
| DSRI: 1.11 (Receivables 1.50b/1.05b, Revenue 26.4b/20.4b) |
| GMI: 0.73 (GM 44.95% / 61.63%) |
| AQI: 0.94 (AQ_t 0.18 / AQ_t-1 0.20) |
| SGI: 1.29 (Revenue 26.4b / 20.4b) |
| TATA: -0.07 (NI 9.24b - CFO 13.1b) / TA 58.2b) |
| Beneish M = -3.02 (Cap -4..+1) = AA |
As of November 10, 2026, the stock is trading at USD 125.16 with a total of 7,409,862 shares traded. Over the past week, the price has changed by +14.73%, over one month by +6.21%, over three months by +6.96% and over the past year by +43.14%.
Current recommended Stop Loss: 116.60 (which is 6.8% or 1.8 ATR below the current price).
Newmont Goldcorp has received a consensus analysts rating of 4.35. Therefore, it is recommended to buy NEM.
- StrongBuy: 14
- Buy: 5
- Hold: 3
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 135.5 | 8.2% |
P/E Trailing = 14.0267
P/E Forward = 11.7509
P/S = 4.7226
P/B = 3.522
P/EG = 2.8267
Revenue TTM = 26.4b USD
EBIT TTM = 14.3b USD
EBITDA TTM = 16.8b USD
Long Term Debt = 5.09b USD (from longTermDebt, last quarter)
Short Term Debt = 363.0m USD (from shortTermDebt, last quarter)
Debt = 5.95b USD (from shortLongTermDebtTotal, last quarter) + Leases 497.0m
Net Debt = -2.88b USD (calculated: Debt 5.95b - CCE 8.83b)
Enterprise Value = 123b USD (126b + Debt 5.95b - CCE 8.83b)
Interest Coverage Ratio = 104.0 (Ebit TTM 14.3b / Interest Expense TTM 138.0m)
EV/FCF = 12.19x (Enterprise Value 123b / FCF TTM 10.1b)
FCF Yield = 8.21% (FCF TTM 10.1b / Enterprise Value 123b)
FCF Margin = 38.22% (FCF TTM 10.1b / Revenue TTM 26.4b)
Net Margin = 35.05% (Net Income TTM 9.24b / Revenue TTM 26.4b)
Gross Margin = 61.63% ((Revenue TTM 26.4b - Cost of Revenue TTM 10.1b) / Revenue TTM)
Gross Margin QoQ = 66.32% (prev 56.00%)
Tobins Q-Ratio = 2.11 (Enterprise Value 123b / Total Assets 58.2b)
Interest Expense / Debt = 2.32% (Interest Expense 138.0m / Debt 5.95b)
Taxrate = 36.16% (5.26b / 14.6b)
NOPAT = 9.16b (EBIT 14.3b * (1 - 36.16%))
Current Ratio = 2.45 (Total Current Assets 13.6b / Total Current Liabilities 5.54b)
Debt / Equity = 0.17 (Debt 5.95b / totalStockholderEquity, last quarter 35.7b)
Debt / EBITDA = -0.17 (Net Debt -2.88b / EBITDA 16.8b)
Debt / FCF = -0.29 (Net Debt -2.88b / FCF TTM 10.1b)
Total Stockholder Equity = 34.9b (last 4 quarters mean from totalStockholderEquity)
RoA = 16.37% (Net Income 9.24b / Total Assets 58.2b)
RoE = 26.45% (Net Income TTM 9.24b / Total Stockholder Equity 34.9b)
RoCE = 35.85% (EBIT 14.3b / Capital Employed (Equity 34.9b + L.T.Debt 5.09b))
RoIC = 17.72% (NOPAT 9.16b / Invested Capital 51.7b)
WACC = 7.80% (E(126b)/V(132b) * Re(8.10%) + D(5.95b)/V(132b) * Rd(2.32%) * (1-Tc(0.36)))
Discount Rate = 8.10% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -97.63 | Cagr: -4.11%
[DCF] Terminal Value 77.97% ; FCFF base≈8.32b ; Y1≈9.54b ; Y5≈14.0b
[DCF] Fair Price = 206.1 (EV 211b - Net Debt -2.88b = Equity 214b / Shares 1.04b; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 99.34 | EPS CAGR: 104.9% | SUE: 1.04 | # QB: 1
Revenue Correlation: 98.66 | Revenue CAGR: 32.64% | SUE: 0.37 | # QB: 0
EPS current Quarter (2027-03-31): EPS=2.24 | Chg30d=-2.07% | Revisions=-38% | Analysts=6
EPS current Year (2026-12-31): EPS=9.15 | Chg30d=-0.65% | Revisions=+8% | GrowthEPS=+32.9% | GrowthRev=+16.3%
EPS next Year (2027-12-31): EPS=9.91 | Chg30d=-2.72% | Revisions=-44% | GrowthEPS=+8.3% | GrowthRev=+5.2%
[Analyst] Revisions Ratio: -30% (up=9, down=18)