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 136.31B
Enterprise Value 132.63B Income 7.09B Sales 22.67B
Book/sh 31.11 Cash/sh 7.58 Dividend Yield 84.00%
Payout 15.55% Employees 17500 IPO —
P/E 19.30 Forward P/E 12.10 PEG —
P/S 6.01 P/B 3.99 P/C —
EV/EBITDA 9.57 EV/Sales 5.85 Quick Ratio 1.75
Current Ratio 2.29 Debt/Eq 16.74 LT Debt/Eq —
EPS (ttm) 6.43 EPS next Y 10.26 EPS Growth -4.60%
Revenue Growth 20.60% Earnings 2026-04-22 ROA 12.14%
ROE 22.34% ROIC — Gross Margin 63.24%
Oper. Margin 58.29% Profit Margin 31.25% Shs Outstand 1.09B
Shs Float 1.09B Short Float 2.60% Short Ratio 2.18
Short Interest — 52W High 134.88 52W Low 41.23
Beta 0.44 Avg Volume 9.53M Volume 6.52M
Target Price $135.23 Recom Buy Prev Close $124.25
Price $124.09 Change -0.13%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$135.23
Mean price target
2. Current target
$124.09
Latest analyst target
3. DCF / Fair value
$156.77
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$124.09
Low
$70.00
High
$177.00
Mean
$135.23

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
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
2025-04-04 main RBC Capital Sector Perform → Sector Perform $52
2025-01-21 main Scotiabank Sector Perform → Sector Perform $50
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 2080 192109 — Sale at price 92.36 per share. BROOK BRUCE R Director — 2025-12-01 00:00:00 D
1 2080 168397 — Sale at price 80.96 per share. BROOK BRUCE R Director — 2025-11-03 00:00:00 D
2 5000 406700 — Sale at price 81.34 per share. PALMER THOMAS RONALD Chief Executive Officer — 2025-11-03 00:00:00 D
3 2080 176779 — Sale at price 84.99 per share. BROOK BRUCE R Director — 2025-10-01 00:00:00 D
4 2077 154923 — Sale at price 74.59 per share. BROOK BRUCE R Director — 2025-09-02 00:00:00 D
5 7015 477160 — Sale at price 68.02 per share. TABOLT BRIAN Officer — 2025-08-06 00:00:00 D
6 3000 190980 — Sale at price 63.66 per share. TOTH PETER Officer — 2025-08-01 00:00:00 D
7 2077 132222 — Sale at price 63.66 per share. BROOK BRUCE R Director — 2025-08-01 00:00:00 D
8 15708 — — Stock Award(Grant) at price 0.00 per share. WEXLER PETER Chief Financial Officer — 2025-07-28 00:00:00 D
9 3000 176250 — Sale at price 58.75 per share. TOTH PETER Officer — 2025-07-01 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-342.55M-558.39M-319.83M-167.67M
TaxRateForCalcs0.310.210.210.27
NormalizedEBITDA8.63B2.98B3.88B4.33B
TotalUnusualItems-1.10B-2.66B-1.52B-621.00M
TotalUnusualItemsExcludingGoodwill-1.10B-2.66B-1.52B-621.00M
NetIncomeFromContinuingOperationNetMinorityInterest3.28B-2.52B-459.00M1.11B
ReconciledDepreciation2.58B2.11B2.19B2.32B
ReconciledCostOfRevenue11.54B8.81B8.65B7.76B
EBITDA7.53B320.00M2.36B3.71B
EBIT4.95B-1.79B176.00M1.38B
NetInterestIncome-223.00M-95.00M-149.00M-256.00M
InterestExpense375.00M243.00M227.00M274.00M
InterestIncome152.00M148.00M78.00M18.00M
NormalizedIncome4.04B-420.39M744.17M1.56B
NetIncomeFromContinuingAndDiscontinuedOperation3.35B-2.49B-429.00M1.17B
TotalExpenses12.77B11.10B10.31B10.23B
DilutedAverageShares1.15B841.00M795.00M801.00M
BasicAverageShares1.15B841.00M794.00M799.00M
DilutedEPS2.92-2.94-0.541.46
BasicEPS2.92-2.94-0.541.46
DilutedNIAvailtoComStockholders3.35B-2.49B-429.00M1.17B
NetIncomeCommonStockholders3.35B-2.49B-429.00M1.17B
NetIncome3.35B-2.49B-429.00M1.17B
MinorityInterests-33.00M-27.00M-60.00M933.00M
NetIncomeIncludingNoncontrollingInterests3.38B-2.47B-369.00M233.00M
NetIncomeDiscontinuousOperations68.00M27.00M30.00M57.00M
NetIncomeContinuousOperations3.31B-2.49B-399.00M176.00M
EarningsFromEquityInterestNetOfTax133.00M63.00M107.00M166.00M
TaxProvision1.40B526.00M455.00M1.10B
PretaxIncome4.58B-2.03B-51.00M1.11B
OtherIncomeExpense-1.11B-2.64B-1.51B-632.00M
OtherNonOperatingIncomeExpenses-5.00M15.00M16.00M-11.00M
SpecialIncomeCharges-1.27B-2.56B-1.47B-509.00M
GainOnSaleOfPPE-1.08B-197.00M35.00M-359.00M
OtherSpecialCharges1.00M-20.00M183.00M113.00M
WriteOff0.000.001.00M
ImpairmentOfCapitalAssets78.00M1.89B1.32B25.00M
RestructuringAndMergernAcquisition110.00M488.00M4.00M11.00M
EarningsFromEquityInterest0.00
GainOnSaleOfSecurity163.00M-103.00M-51.00M-112.00M
NetNonOperatingInterestIncomeExpense-223.00M-95.00M-149.00M-256.00M
InterestExpenseNonOperating375.00M243.00M227.00M274.00M
InterestIncomeNonOperating152.00M148.00M78.00M18.00M
OperatingIncome5.91B708.00M1.60B2.00B
OperatingExpense1.23B2.30B1.66B2.47B
OtherOperatingExpenses594.00M1.80B1.15B2.06B
ResearchAndDevelopment197.00M200.00M229.00M154.00M
SellingGeneralAndAdministration442.00M299.00M276.00M259.00M
GeneralAndAdministrativeExpense442.00M299.00M276.00M259.00M
OtherGandA442.00M299.00M276.00M259.00M
GrossProfit7.14B3.00B3.26B4.46B
CostOfRevenue11.54B8.81B8.65B7.76B
TotalRevenue18.68B11.81B11.91B12.22B
OperatingRevenue18.68B11.81B11.91B12.22B
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber7.00M7.00M6.00M5.00M
OrdinarySharesNumber1.13B1.15B793.00M792.00M
ShareIssued1.13B1.16B799.00M797.00M
NetDebt4.86B5.87B2.69B660.00M
TotalDebt8.97B9.44B6.13B6.30B
TangibleBookValue27.27B26.03B17.38B19.25B
InvestedCapital38.40B37.90B24.93B27.67B
WorkingCapital4.73B1.51B3.59B5.04B
NetTangibleAssets27.27B26.03B17.38B19.25B
CapitalLeaseObligations496.00M562.00M561.00M650.00M
CommonStockEquity29.93B29.03B19.35B22.02B
TotalCapitalization37.48B35.98B24.93B27.59B
TotalEquityGrossMinorityInterest30.11B29.20B19.53B21.86B
MinorityInterest181.00M178.00M179.00M-161.00M
StockholdersEquity29.93B29.03B19.35B22.02B
GainsLossesNotAffectingRetainedEarnings-95.00M14.00M29.00M-133.00M
OtherEquityAdjustments-95.00M14.00M29.00M-133.00M
TreasuryStock278.00M264.00M239.00M200.00M
RetainedEarnings-1.32B-3.00B916.00M3.10B
AdditionalPaidInCapital29.81B30.42B17.37B17.98B
CapitalStock1.81B1.85B1.28B1.28B
CommonStock1.81B1.85B1.28B1.28B
TotalLiabilitiesNetMinorityInterest26.24B26.30B18.95B18.70B
TotalNonCurrentLiabilitiesNetMinorityInterest18.70B20.30B16.02B16.05B
OtherNonCurrentLiabilities862.00M918.00M1.05B1.09B
PreferredSecuritiesOutsideStockEquity48.00M
EmployeeBenefits555.00M655.00M342.00M439.00M
TradeandOtherPayablesNonCurrent125.00M177.00M206.00M328.00M
NonCurrentDeferredLiabilities2.82B2.99B1.81B2.25B
NonCurrentDeferredTaxesLiabilities2.82B2.99B1.81B2.14B
LongTermDebtAndCapitalLeaseObligation7.94B7.40B6.04B6.11B
LongTermCapitalLeaseObligation389.00M448.00M465.00M544.00M
LongTermDebt7.55B6.95B5.57B5.57B
LongTermProvisions6.39B8.17B6.58B5.84B
CurrentLiabilities7.54B6.00B2.93B2.65B
OtherCurrentLiabilities2.68B406.00M329.00M430.00M
CurrentDebtAndCapitalLeaseObligation1.03B2.04B96.00M193.00M
CurrentCapitalLeaseObligation107.00M114.00M96.00M106.00M
CurrentDebt924.00M1.92B87.00M
OtherCurrentBorrowings924.00M
LineOfCredit0.001.92B0.000.00
CurrentNotesPayable0.0087.00M
PensionandOtherPostRetirementBenefitPlansCurrent630.00M551.00M399.00M386.00M
CurrentProvisions991.00M619.00M526.00M273.00M
PayablesAndAccruedExpenses2.21B2.38B1.58B1.37B
CurrentAccruedExpenses841.00M930.00M671.00M356.00M
Payables1.37B1.46B905.00M1.02B
OtherPayable73.00M114.00M
DuetoRelatedPartiesCurrent115.00M91.00M73.00M114.00M
TotalTaxPayable410.00M404.00M199.00M384.00M
IncomeTaxPayable381.00M88.00M199.00M384.00M
AccountsPayable843.00M960.00M633.00M518.00M
TotalAssets56.35B55.51B38.48B40.56B
TotalNonCurrentAssets44.07B47.99B31.97B32.87B
OtherNonCurrentAssets3.13B2.58B2.28B2.46B
NonCurrentDeferredAssets124.00M268.00M173.00M269.00M
NonCurrentDeferredTaxesAssets124.00M268.00M173.00M269.00M
FinancialAssets142.00M444.00M196.00M
InvestmentsAndAdvances4.47B4.14B3.28B3.24B
InvestmentinFinancialAssets309.00M229.00M226.00M307.00M
AvailableForSaleSecurities309.00M229.00M226.00M307.00M
LongTermEquityInvestment4.16B3.91B3.05B2.94B
GoodwillAndOtherIntangibleAssets2.66B3.00B1.97B2.77B
Goodwill2.66B3.00B1.97B2.77B
NetPPE33.55B37.56B24.07B24.12B
AccumulatedDepreciation-18.86B-20.06B-18.15B-15.99B
GrossPPE52.41B57.62B42.23B40.11B
ConstructionInProgress5.18B4.80B3.21B2.31B
MachineryFurnitureEquipment23.36B25.80B19.04B18.83B
LandAndImprovements253.00M347.00M281.00M260.00M
Properties23.61B26.67B19.69B18.71B
CurrentAssets12.28B7.51B6.51B7.70B
OtherCurrentAssets786.00M913.00M303.00M498.00M
HedgingAssetsCurrent0.00198.00M12.00M
AssetsHeldForSaleCurrent4.61B0.00
Inventory2.18B2.64B1.75B1.79B
FinishedGoods76.00M122.00M59.00M71.00M
WorkInProcess118.00M160.00M123.00M132.00M
RawMaterials1.99B2.36B1.57B1.58B
Receivables1.06B734.00M690.00M337.00M
OtherReceivables493.00M324.00M
AccountsReceivable1.06B734.00M366.00M337.00M
CashCashEquivalentsAndShortTermInvestments3.64B3.02B3.76B5.07B
OtherShortTermInvestments21.00M23.00M880.00M82.00M
CashAndCashEquivalents3.62B3.00B2.88B4.99B
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow2.96B97.00M1.09B2.63B
RepurchaseOfCapitalStock-1.25B0.000.00-525.00M
RepaymentOfDebt-3.95B-67.00M-155.00M-1.46B
IssuanceOfDebt3.48B0.000.00992.00M
CapitalExpenditure-3.40B-2.67B-2.13B-1.65B
InterestPaidSupplementalData317.00M228.00M172.00M229.00M
IncomeTaxPaidSupplementalData966.00M794.00M1.12B1.53B
EndCashPosition3.65B3.10B2.94B5.09B
BeginningCashPosition3.10B2.94B5.09B5.65B
EffectOfExchangeRateChanges-20.00M-2.00M-30.00M-8.00M
ChangesInCash570.00M158.00M-2.12B-547.00M
OtherCashAdjustmentInsideChangeinCash-138.00M0.000.00
FinancingCashFlow-2.95B-1.60B-2.36B-2.96B
CashFlowFromContinuingFinancingActivities-2.95B-1.60B-2.36B-2.96B
NetOtherFinancingCharges-91.00M-121.00M-455.00M-213.00M
CashDividendsPaid-1.15B-1.42B-1.75B-1.76B
CommonStockDividendPaid-1.15B-1.42B-1.75B-1.76B
NetCommonStockIssuance-1.25B0.000.00-525.00M
CommonStockPayments-1.25B0.000.00-525.00M
NetIssuancePaymentsOfDebt-471.00M-67.00M-155.00M-463.00M
NetLongTermDebtIssuance-471.00M-67.00M-155.00M-463.00M
LongTermDebtPayments-3.95B-67.00M-155.00M-1.46B
LongTermDebtIssuance3.48B0.000.00992.00M
InvestingCashFlow-2.70B-1.00B-2.98B-1.87B
CashFromDiscontinuedInvestingActivities153.00M0.000.000.00
CashFlowFromContinuingInvestingActivities-2.85B-1.00B-2.98B-1.87B
NetOtherInvestingChanges44.00M22.00M-45.00M26.00M
NetInvestmentPurchaseAndSale-17.00M1.05B-676.00M135.00M
SaleOfInvestment49.00M1.60B264.00M194.00M
PurchaseOfInvestment-66.00M-551.00M-940.00M-59.00M
NetBusinessPurchaseAndSale-40.00M596.00M-147.00M-460.00M
SaleOfBusiness56.00M704.00M62.00M18.00M
PurchaseOfBusiness-96.00M-108.00M-209.00M-478.00M
NetPPEPurchaseAndSale-2.84B-2.67B-2.12B-1.57B
SaleOfPPE560.00M0.0016.00M84.00M
PurchaseOfPPE-3.40B-2.67B-2.13B-1.65B
OperatingCashFlow6.36B2.76B3.22B4.28B
CashFromDiscontinuedOperatingActivities45.00M9.00M22.00M13.00M
CashFlowFromContinuingOperatingActivities6.32B2.75B3.20B4.27B
ChangeInWorkingCapital-1.02B-513.00M-841.00M-541.00M
ChangeInOtherWorkingCapital-433.00M-275.00M-247.00M-161.00M
ChangeInOtherCurrentAssets64.00M50.00M-84.00M36.00M
ChangeInPayablesAndAccruedExpense319.00M139.00M-354.00M-422.00M
ChangeInAccruedExpense86.00M378.00M-113.00M-94.00M
ChangeInPayable233.00M-239.00M-241.00M-328.00M
ChangeInAccountPayable-2.00M-42.00M102.00M-11.00M
ChangeInTaxPayable235.00M-197.00M-343.00M-317.00M
ChangeInIncomeTaxPayable235.00M-197.00M-343.00M-317.00M
ChangeInInventory-534.00M-187.00M-161.00M-136.00M
ChangeInReceivables-441.00M-240.00M5.00M142.00M
OtherNonCashItems121.00M1.51B960.00M1.76B
StockBasedCompensation89.00M80.00M73.00M72.00M
UnrealizedGainLossOnInvestmentSecurities-62.00M47.00M46.00M135.00M
AssetImpairmentCharge78.00M1.89B1.32B25.00M
DeferredTax80.00M-104.00M-278.00M-109.00M
DeferredIncomeTax80.00M-104.00M-278.00M-109.00M
DepreciationAmortizationDepletion2.58B2.11B2.19B2.32B
DepreciationAndAmortization2.58B2.11B2.19B2.32B
OperatingGainsLosses1.08B206.00M102.00M363.00M
PensionAndEmployeeBenefitExpense1.00M9.00M137.00M4.00M
GainLossOnSaleOfBusiness-35.00M0.00
NetIncomeFromContinuingOperations3.38B-2.47B-369.00M233.00M
SEC Filings

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

Public Trades for NEM
Date User Asset Broker Type Position Size Entry Price Patterns