NEM Stock Analysis: Newmont Goldcorp | NYSE
Gold | NYSE, USA | Market Cap: 121.754m USD | 12M Return: 39.6% | US6516391066 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 674M
EPS Trend: 99.5%
Qual. Beats: 0
Rev. Trend: 98.8%
Qual. Beats: 0
Warnings
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: 8.60b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.17 > 0.02 and ΔFCF/TA 8.02 > 1.0 |
| NWC/Revenue: 31.84% < 20% (prev 29.20%; Δ 2.64% < -1%) |
| CFO/TA 0.22 > 3% & CFO 12.6b > Net Income 8.60b |
| Net Debt (-7.15b) to EBITDA (16.4b): -0.44 < 3 |
| Current Ratio: 2.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.07b) vs 12m ago -4.05% < -2% |
| Gross Margin: 57.63% > 18% (prev 40.90%; Δ 16.73% > 0.5%) |
| Asset Turnover: 44.99% > 50% (prev 35.56%; Δ 9.43% > 0%) |
| Interest Coverage Ratio: 86.72 > 6 (EBIT TTM 13.8b / 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: 0.24 (EBIT TTM 13.8b / Avg Total Assets 56.4b) |
| D: 1.59 (Book Value of Equity 35.4b / Total Liabilities 22.2b) |
| Altman-Z'' = 4.56 = AA |
| DSRI: 1.43 (Receivables 1.18b/637.0m, Revenue 25.4b/19.6b) |
| GMI: 0.71 (GM 40.90% / 57.63%) |
| AQI: 0.92 (AQ_t 0.19 / AQ_t-1 0.20) |
| SGI: 1.29 (Revenue 25.4b / 19.6b) |
| TATA: -0.07 (NI 8.60b - CFO 12.6b) / TA 57.6b) |
| Beneish M = -2.78 (Cap -4..+1) = A |
As of October 11, 2026, the stock is trading at USD 117.84 with a total of 4,830,284 shares traded. Over the past week, the price has changed by +1.97%, over one month by -8.45%, over three months by +24.55% and over the past year by +39.59%.
Current recommended Stop Loss: 107.50 (which is 8.8% or 2.8 ATR below the current price).
Newmont Goldcorp has received a consensus analysts rating of 4.43. Therefore, it is recommended to buy NEM.
- StrongBuy: 15
- Buy: 5
- Hold: 2
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 137.3 | 16.5% |
P/E Trailing = 14.5712
P/E Forward = 11.6279
P/S = 4.7252
P/B = 3.8048
P/EG = 2.8267
Revenue TTM = 25.4b USD
EBIT TTM = 13.8b USD
EBITDA TTM = 16.4b 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 = 115b USD (122b + Debt 5.98b - CCE 13.1b)
Interest Coverage Ratio = 86.72 (Ebit TTM 13.8b / Interest Expense TTM 159.0m)
EV/FCF = 11.77x (Enterprise Value 115b / FCF TTM 9.73b)
FCF Yield = 8.49% (FCF TTM 9.73b / Enterprise Value 115b)
FCF Margin = 38.36% (FCF TTM 9.73b / Revenue TTM 25.4b)
Net Margin = 33.88% (Net Income TTM 8.60b / Revenue TTM 25.4b)
Gross Margin = 57.63% ((Revenue TTM 25.4b - Cost of Revenue TTM 10.8b) / Revenue TTM)
Gross Margin QoQ = 56.00% (prev 64.84%)
Tobins Q-Ratio = 1.99 (Enterprise Value 115b / Total Assets 57.6b)
Interest Expense / Debt = 2.66% (Interest Expense 159.0m / Debt 5.98b)
Taxrate = 37.28% (5.21b / 14.0b)
NOPAT = 8.65b (EBIT 13.8b * (1 - 37.28%))
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 = -0.44 (Net Debt -7.15b / EBITDA 16.4b)
Debt / FCF = -0.73 (Net Debt -7.15b / FCF TTM 9.73b)
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 = 34.96% (EBIT 13.8b / Capital Employed (Equity 34.4b + L.T.Debt 5.08b))
RoIC = 16.78% (NOPAT 8.65b / Invested Capital 51.5b)
WACC = 8.13% (E(122b)/V(128b) * Re(8.45%) + D(5.98b)/V(128b) * Rd(2.66%) * (1-Tc(0.37)))
Discount Rate = 8.45% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -97.07 | Cagr: -3.39%
[DCF] Terminal Value 77.97% ; FCFF base≈7.80b ; Y1≈8.94b ; Y5≈13.2b
[DCF] Fair Price = 194.6 (EV 198b - Net Debt -7.15b = Equity 205b / 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: 98.84 | Revenue CAGR: 35.24% | SUE: -0.66 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.94 | Chg30d=+1.12% | Revisions=+25% | Analysts=7
EPS current Year (2026-12-31): EPS=9.17 | Chg30d=+0.23% | Revisions=+17% | GrowthEPS=+33.1% | GrowthRev=+18.0%
EPS next Year (2027-12-31): EPS=10.14 | Chg30d=+0.56% | Revisions=+29% | GrowthEPS=+10.6% | GrowthRev=+8.5%
[Analyst] Revisions Ratio: +36% (up=6, down=2)