NEM
DependentNewmont
$116.50
-3.59%
as of 13 Apr
Power Core
Newmont's moat is its unmatched institutional accessibility as the world's only S&P 500 gold miner, which compresses its cost of capital below every peer and creates a self-reinforcing cycle of liquidity and coverage.
Direction of Movement
Lateral Trajectory Balanced Between Tailwinds and Execution Risk
ROC 200
+96.2%
NEM
Newmont
$116.50
-3.59%
as of 13 Apr
DCF Fair Value: $232.38
Market data unavailable
Company Profile
Newmont Corporation is the world's largest gold mining company, engaged in the production and exploration of gold properties, along with copper, silver, zinc, lead, and other metals. Founded in 1916 and headquartered in Denver, Colorado, it operates an extensive portfolio of 11 mines and interests in two joint ventures spanning the Americas, Africa, Australia, and Papua New Guinea. Notable expansions include the acquisitions of Goldcorp in 2019 and Newcrest in 2023, followed by divestitures of higher-cost assets to focus on core operations projected to produce approximately 5.6 million ounces of gold in 2025. Newmont Corporation demonstrates robust financial health, featuring a strong balance sheet with a current ratio of 2.04, low debt-to-equity ratio of 0.17, and an Altman Z-Score of 4.76, alongside impressive profitability metrics like a 43.52% operating margin and 33.42% net margin. With a market capitalization around $130 billion, it holds a prominent position in the Basic Materials sector's Metals & Mining industry, benefiting from global demand for precious metals while maintaining lower volatility indicated by a beta of 0.47.