NEM Chart
About

Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals. It has operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. The company was founded in 1916 and is headquartered in Denver, Colorado.

Fundamentals
Scroll to Statements
Sector Basic Materials Industry Gold Market Cap 108.25B
Enterprise Value 105.55B Income 7.09B Sales 22.67B
Book/sh 31.11 Cash/sh 7.58 Dividend Yield 98.00%
Payout 15.65% Employees 17500 IPO
P/E 15.52 Forward P/E 8.77 PEG
P/S 4.78 P/B 3.19 P/C
EV/EBITDA 7.62 EV/Sales 4.66 Quick Ratio 1.75
Current Ratio 2.29 Debt/Eq 16.74 LT Debt/Eq
EPS (ttm) 6.39 EPS next Y 11.32 EPS Growth -4.60%
Revenue Growth 20.60% Earnings 2026-04-22 ROA 12.13%
ROE 22.34% ROIC Gross Margin 63.24%
Oper. Margin 58.11% Profit Margin 31.25% Shs Outstand 1.09B
Shs Float 1.09B Short Float 2.71% Short Ratio 2.14
Short Interest 52W High 134.88 52W Low 42.93
Beta 0.39 Avg Volume 9.54M Volume 24.33M
Target Price $141.66 Recom Buy Prev Close $106.54
Price $99.20 Change -6.89%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$141.67
Mean price target
2. Current target
$99.20
Latest analyst target
3. DCF / Fair value
$157.13
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$99.20
Low
$70.00
High
$177.00
Mean
$141.67

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-03 main Citigroup Buy → Buy $150
2026-02-27 up Bernstein Market Perform → Market Outperform $157
2026-01-26 main Scotiabank Sector Outperform → Sector Outperform $152
2025-12-01 main UBS Buy → Buy $125
2025-10-23 up Scotiabank Sector Perform → Sector Outperform $114
2025-10-16 main UBS Buy → Buy $106
2025-10-16 main B of A Securities Buy → Buy $115
2025-10-15 main Citigroup Buy → Buy $104
2025-10-10 up CIBC Neutral → Outperformer $112
2025-09-23 main Raymond James Outperform → Outperform $84
2025-09-19 main UBS Buy → Buy $92
2025-09-10 up RBC Capital Sector Perform → Outperform $95
2025-09-02 down Macquarie Outperform → Neutral $72
2025-07-28 main Scotiabank Sector Perform → Sector Perform $72
2025-07-28 main Raymond James Outperform → Outperform $69
2025-07-15 main CIBC Neutral → Neutral $74
2025-07-09 init Stifel — → Buy $73
2025-07-03 main UBS Buy → Buy $68
2025-04-11 up UBS Neutral → Buy $60
2025-04-04 main Raymond James Outperform → Outperform $63
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 1361 164382 Sale at price 120.78 per share. RODGERS MARK C Officer 2026-03-03 00:00:00 D
1 2051 268968 Sale at price 131.14 per share. RODGERS MARK C Officer 2026-03-02 00:00:00 D
2 490 Stock Award(Grant) at price 0.00 per share. TABOLT BRIAN Officer 2026-02-27 00:00:00 D
3 2041 Stock Award(Grant) at price 0.00 per share. CMIL JENNIFER Officer 2026-02-27 00:00:00 D
4 2653 Stock Award(Grant) at price 0.00 per share. TOTH PETER Officer 2026-02-27 00:00:00 D
5 1701 Stock Award(Grant) at price 0.00 per share. HARDY FRANCOIS Chief Technology Officer 2026-02-27 00:00:00 D
6 1361 Stock Award(Grant) at price 0.00 per share. RODGERS MARK C Officer 2026-02-27 00:00:00 D
7 4443 577590 Sale at price 130.00 per share. RODGERS MARK C Officer 2026-02-27 00:00:00 D
8 5147 643375 Sale at price 125.00 per share. RODGERS MARK C Officer 2026-02-25 00:00:00 D
9 7490 Stock Award(Grant) at price 0.00 per share. TABOLT BRIAN Officer 2026-02-23 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems152.80M-346.27M-565.95M-319.83M
TaxRateForCalcs0.400.310.210.21
NormalizedEBITDA13.71B8.64B3.02B3.88B
TotalUnusualItems382.00M-1.12B-2.69B-1.52B
TotalUnusualItemsExcludingGoodwill382.00M-1.12B-2.69B-1.52B
NetIncomeFromContinuingOperationNetMinorityInterest7.08B3.28B-2.52B-459.00M
ReconciledDepreciation2.52B2.58B2.11B2.19B
ReconciledCostOfRevenue10.61B11.54B8.81B8.65B
EBITDA14.09B7.53B320.00M2.36B
EBIT11.57B4.95B-1.79B176.00M
NetInterestIncome-15.00M-223.00M-95.00M-149.00M
InterestExpense229.00M375.00M243.00M227.00M
InterestIncome214.00M152.00M148.00M78.00M
NormalizedIncome6.86B4.05B-391.95M744.17M
NetIncomeFromContinuingAndDiscontinuedOperation7.08B3.35B-2.49B-429.00M
TotalExpenses11.65B12.77B11.10B10.31B
DilutedAverageShares1.11B1.15B841.00M795.00M
BasicAverageShares1.11B1.15B841.00M794.00M
DilutedEPS6.392.92-2.94-0.54
BasicEPS6.412.92-2.94-0.54
DilutedNIAvailtoComStockholders7.08B3.35B-2.49B-429.00M
NetIncomeCommonStockholders7.08B3.35B-2.49B-429.00M
NetIncome7.08B3.35B-2.49B-429.00M
MinorityInterests-82.00M-33.00M-27.00M-60.00M
NetIncomeIncludingNoncontrollingInterests7.17B3.38B-2.47B-369.00M
NetIncomeDiscontinuousOperations0.0068.00M27.00M30.00M
NetIncomeContinuousOperations7.17B3.31B-2.49B-399.00M
EarningsFromEquityInterestNetOfTax421.00M133.00M63.00M107.00M
TaxProvision4.60B1.40B526.00M455.00M
PretaxIncome11.34B4.58B-2.03B-51.00M
OtherIncomeExpense334.00M-1.11B-2.64B-1.51B
OtherNonOperatingIncomeExpenses-48.00M7.00M52.00M16.00M
SpecialIncomeCharges-85.00M-1.28B-2.59B-1.47B
GainOnSaleOfPPE1.05B-1.08B-197.00M35.00M
OtherSpecialCharges103.00M13.00M16.00M183.00M
WriteOff0.000.001.00M
ImpairmentOfCapitalAssets842.00M78.00M1.89B1.32B
RestructuringAndMergernAcquisition186.00M110.00M488.00M4.00M
EarningsFromEquityInterest0.00
GainOnSaleOfSecurity467.00M163.00M-103.00M-51.00M
NetNonOperatingInterestIncomeExpense-15.00M-223.00M-95.00M-149.00M
InterestExpenseNonOperating229.00M375.00M243.00M227.00M
InterestIncomeNonOperating214.00M152.00M148.00M78.00M
OperatingIncome11.02B5.91B708.00M1.60B
OperatingExpense1.04B1.23B2.30B1.66B
OtherOperatingExpenses492.00M594.00M1.80B1.15B
ResearchAndDevelopment166.00M197.00M200.00M229.00M
SellingGeneralAndAdministration382.00M442.00M299.00M276.00M
GeneralAndAdministrativeExpense382.00M442.00M299.00M276.00M
OtherGandA382.00M442.00M299.00M276.00M
GrossProfit12.06B7.14B3.00B3.26B
CostOfRevenue10.61B11.54B8.81B8.65B
TotalRevenue22.67B18.68B11.81B11.91B
OperatingRevenue22.67B18.68B11.81B11.91B
Line Item2025-12-312024-12-312023-12-312022-12-31
TreasurySharesNumber7.00M7.00M7.00M6.00M
OrdinarySharesNumber1.09B1.13B1.15B793.00M
ShareIssued1.10B1.13B1.16B799.00M
NetDebt4.86B5.87B2.69B660.00M
TotalDebt5.59B8.97B9.44B6.13B
TangibleBookValue31.21B27.27B26.03B17.38B
InvestedCapital38.98B38.40B37.90B24.93B
WorkingCapital7.35B4.73B1.51B3.59B
NetTangibleAssets31.21B27.27B26.03B17.38B
CapitalLeaseObligations474.00M496.00M562.00M561.00M
CommonStockEquity33.87B29.93B29.03B19.35B
TotalCapitalization38.98B37.48B35.98B24.93B
TotalEquityGrossMinorityInterest34.04B30.11B29.20B19.53B
MinorityInterest175.00M181.00M178.00M179.00M
StockholdersEquity33.87B29.93B29.03B19.35B
GainsLossesNotAffectingRetainedEarnings137.00M-95.00M14.00M29.00M
OtherEquityAdjustments137.00M-95.00M14.00M29.00M
TreasuryStock301.00M278.00M264.00M239.00M
RetainedEarnings3.43B-1.32B-3.00B916.00M
AdditionalPaidInCapital28.85B29.81B30.42B17.37B
CapitalStock1.75B1.81B1.85B1.28B
CommonStock1.75B1.81B1.85B1.28B
TotalLiabilitiesNetMinorityInterest23.08B26.24B26.30B18.95B
TotalNonCurrentLiabilitiesNetMinorityInterest17.37B18.70B20.30B16.02B
OtherNonCurrentLiabilities787.00M862.00M918.00M1.05B
PreferredSecuritiesOutsideStockEquity48.00M
EmployeeBenefits634.00M555.00M655.00M342.00M
TradeandOtherPayablesNonCurrent133.00M125.00M177.00M206.00M
NonCurrentDeferredLiabilities4.04B2.82B2.99B1.81B
NonCurrentDeferredTaxesLiabilities4.04B2.82B2.99B1.81B
LongTermDebtAndCapitalLeaseObligation5.47B7.94B7.40B6.04B
LongTermCapitalLeaseObligation356.00M389.00M448.00M465.00M
LongTermDebt5.12B7.55B6.95B5.57B
LongTermProvisions6.30B6.39B8.17B6.58B
CurrentLiabilities5.71B7.54B6.00B2.93B
OtherCurrentLiabilities433.00M2.39B406.00M329.00M
CurrentDebtAndCapitalLeaseObligation118.00M1.03B2.04B96.00M
CurrentCapitalLeaseObligation118.00M107.00M114.00M96.00M
CurrentDebt924.00M1.92B87.00M
OtherCurrentBorrowings924.00M
LineOfCredit0.001.92B0.000.00
CurrentNotesPayable0.0087.00M
PensionandOtherPostRetirementBenefitPlansCurrent898.00M630.00M551.00M399.00M
CurrentProvisions893.00M991.00M619.00M526.00M
PayablesAndAccruedExpenses3.37B2.50B2.38B1.58B
CurrentAccruedExpenses913.00M938.00M930.00M671.00M
InterestPayable57.00M97.00M
Payables2.46B1.56B1.46B905.00M
OtherPayable73.00M114.00M
DuetoRelatedPartiesCurrent227.00M115.00M91.00M73.00M
TotalTaxPayable1.41B606.00M404.00M199.00M
IncomeTaxPayable1.19B381.00M88.00M199.00M
AccountsPayable816.00M843.00M960.00M633.00M
TotalAssets57.12B56.35B55.51B38.48B
TotalNonCurrentAssets44.05B44.07B47.99B31.97B
OtherNonCurrentAssets3.86B3.27B2.58B2.28B
NonCurrentDeferredAssets45.00M124.00M268.00M173.00M
NonCurrentDeferredTaxesAssets45.00M124.00M268.00M173.00M
FinancialAssets142.00M444.00M196.00M
InvestmentsAndAdvances4.19B4.47B4.14B3.28B
InvestmentinFinancialAssets171.00M309.00M229.00M226.00M
AvailableForSaleSecurities171.00M309.00M229.00M226.00M
LongTermEquityInvestment4.01B4.16B3.91B3.05B
InvestmentsinJointVenturesatCost1.53B1.49B
InvestmentsinAssociatesatCost2.49B2.67B
GoodwillAndOtherIntangibleAssets2.66B2.66B3.00B1.97B
Goodwill2.66B2.66B3.00B1.97B
NetPPE33.31B33.55B37.56B24.07B
AccumulatedDepreciation-20.23B-18.86B-20.06B-18.15B
GrossPPE53.54B52.41B57.62B42.23B
ConstructionInProgress4.58B5.18B4.80B3.21B
MachineryFurnitureEquipment24.34B23.36B25.80B19.04B
LandAndImprovements297.00M253.00M347.00M281.00M
Properties24.33B23.61B26.67B19.69B
CurrentAssets13.07B12.28B7.51B6.51B
OtherCurrentAssets391.00M290.00M913.00M303.00M
HedgingAssetsCurrent0.00198.00M12.00M
AssetsHeldForSaleCurrent0.004.61B0.00
Inventory2.69B2.18B2.64B1.75B
FinishedGoods91.00M76.00M122.00M59.00M
WorkInProcess199.00M118.00M160.00M123.00M
RawMaterials2.40B1.99B2.36B1.57B
Receivables1.75B1.55B734.00M690.00M
OtherReceivables678.00M496.00M493.00M324.00M
AccountsReceivable1.07B1.06B734.00M366.00M
CashCashEquivalentsAndShortTermInvestments8.24B3.64B3.02B3.76B
OtherShortTermInvestments594.00M21.00M23.00M880.00M
CashAndCashEquivalents7.65B3.62B3.00B2.88B
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow7.30B2.96B97.00M1.09B
RepurchaseOfCapitalStock-2.30B-1.25B0.000.00
RepaymentOfDebt-3.52B-3.95B-67.00M-155.00M
IssuanceOfDebt0.003.48B0.000.00
CapitalExpenditure-3.04B-3.40B-2.67B-2.13B
InterestPaidSupplementalData233.00M317.00M228.00M172.00M
IncomeTaxPaidSupplementalData966.00M794.00M1.12B1.53B
EndCashPosition7.68B3.65B3.10B2.94B
BeginningCashPosition3.65B3.10B2.94B5.09B
EffectOfExchangeRateChanges-4.00M-20.00M-2.00M-30.00M
ChangesInCash4.04B570.00M158.00M-2.12B
OtherCashAdjustmentInsideChangeinCash138.00M-138.00M0.000.00
FinancingCashFlow-7.04B-2.95B-1.60B-2.36B
CashFlowFromContinuingFinancingActivities-7.04B-2.95B-1.60B-2.36B
NetOtherFinancingCharges-106.00M-91.00M-121.00M-455.00M
CashDividendsPaid-1.11B-1.15B-1.42B-1.75B
CommonStockDividendPaid-1.11B-1.15B-1.42B-1.75B
NetCommonStockIssuance-2.30B-1.25B0.000.00
CommonStockPayments-2.30B-1.25B0.000.00
NetIssuancePaymentsOfDebt-3.52B-471.00M-67.00M-155.00M
NetLongTermDebtIssuance-3.52B-471.00M-67.00M-155.00M
LongTermDebtPayments-3.52B-3.95B-67.00M-155.00M
LongTermDebtIssuance0.003.48B0.000.00
InvestingCashFlow606.00M-2.70B-1.00B-2.98B
CashFromDiscontinuedInvestingActivities0.00153.00M0.000.00
CashFlowFromContinuingInvestingActivities606.00M-2.85B-1.00B-2.98B
NetOtherInvestingChanges-145.00M44.00M22.00M-45.00M
NetInvestmentPurchaseAndSale972.00M-17.00M1.05B-676.00M
SaleOfInvestment986.00M49.00M1.60B264.00M
PurchaseOfInvestment-14.00M-66.00M-551.00M-940.00M
NetBusinessPurchaseAndSale3.00M-40.00M596.00M-147.00M
SaleOfBusiness62.00M56.00M704.00M62.00M
PurchaseOfBusiness-59.00M-96.00M-108.00M-209.00M
NetPPEPurchaseAndSale-224.00M-2.84B-2.67B-2.12B
SaleOfPPE2.81B560.00M0.0016.00M
PurchaseOfPPE-3.04B-3.40B-2.67B-2.13B
OperatingCashFlow10.33B6.36B2.76B3.22B
CashFromDiscontinuedOperatingActivities0.0045.00M9.00M22.00M
CashFlowFromContinuingOperatingActivities10.33B6.32B2.75B3.20B
ChangeInWorkingCapital-210.00M-1.02B-513.00M-841.00M
ChangeInOtherWorkingCapital-803.00M-433.00M-275.00M-247.00M
ChangeInOtherCurrentAssets-247.00M64.00M50.00M-84.00M
ChangeInPayablesAndAccruedExpense1.39B319.00M139.00M-354.00M
ChangeInAccruedExpense367.00M86.00M378.00M-113.00M
ChangeInPayable1.02B233.00M-239.00M-241.00M
ChangeInAccountPayable-19.00M-2.00M-42.00M102.00M
ChangeInTaxPayable1.04B235.00M-197.00M-343.00M
ChangeInIncomeTaxPayable1.04B235.00M-197.00M-343.00M
ChangeInInventory-454.00M-534.00M-187.00M-161.00M
ChangeInReceivables-93.00M-441.00M-240.00M5.00M
ChangesInAccountReceivables-93.00M-441.00M-240.00M
OtherNonCashItems93.00M119.00M1.71B960.00M
StockBasedCompensation99.00M89.00M80.00M73.00M
UnrealizedGainLossOnInvestmentSecurities-604.00M-62.00M47.00M46.00M
AssetImpairmentCharge842.00M78.00M1.89B1.32B
DeferredTax1.39B80.00M-104.00M-278.00M
DeferredIncomeTax1.39B80.00M-104.00M-278.00M
DepreciationAmortizationDepletion2.52B2.58B2.11B2.19B
DepreciationAndAmortization2.52B2.58B2.11B2.19B
OperatingGainsLosses-965.00M1.08B206.00M102.00M
PensionAndEmployeeBenefitExpense1.00M9.00M137.00M4.00M
GainLossOnSaleOfBusiness-35.00M0.00
NetIncomeFromContinuingOperations7.17B3.38B-2.47B-369.00M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for NEM
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status