Newmont Corp

Newmont Corp

NEM

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Market Cap$110.8B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Newmont CorpNewmont Corp13.30.98%21%9.30.1

Earnings Call Q1 2026

April 23, 2026 - AI Summary

Strong Q1 operating + financial performance; on track for 2026 guidance - Produced 1.3Moz gold, 30k tonnes copper, 9Moz silver; by-product mix (copper/silver) supported unit cost performance. - Financial highlights: $5.2B adjusted EBITDA, $2.90 adj. EPS, and record $3.8B cash flow from operations (after working capital). - $3.1B free cash flow (FCF)—also an all-time quarterly record—despite typical seasonal working capital headwinds in Q1. - CEO emphasized consistency/predictability despite site headwinds; company says it remains on track to achieve full-year 2026 guidance.
Cadia earthquake update: no injuries; recovery plan impacts Q2 production - Magnitude 4.5 quake (Apr 14) near Cadia; all underground personnel moved to safe locations within minutes, no injuries. - Underground power & dewatering restored; regulator approval to begin repairs received earlier this week. - Expected underground rehabilitation completion in ~5 weeks, targeting ~80% operating capacity, with full recovery by end of Q2. - Q2 mill-feed gap expected to reduce production; Q3 expected to normalize/improve as operations return to steady state.
Cost outlook: unit costs improved in Q1; energy/oil and royalties are key watch-items, but full guidance maintained - Gold all-in sustaining costs (AISC) in Q1: $1,029/oz (by-product basis), below full-year guidance. - Company expects Q2 AISC higher, “more in line with Feb guidance,” driven by higher sustaining capital ramp and lower silver production (planned). - Energy/risk framing: - Management is maintaining full-year cost guidance despite higher energy prices and broader supply-chain volatility tied to the Middle East conflict. - Provided sensitivity: each $10/bbl Brent move ≈ $60M cost impact ≈ ~$12/oz impact on AISC (diesel ~6% of direct operating costs). - Supply continuity: no fuel availability disruption currently; actively mitigating via supply chain and productivity. - Ghana sliding scale royalty: incremental cost headwind estimated at ~$25/oz in 2026 (identified in Feb); mitigation plan relies on disciplined cost management/productivity.

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$146.86

Target Price by Analysts

44.3% upsideNewmont Target Price DetailsTarget Price
$279.78

Current Fair Value

174.8% upside

Undervalued by 174.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$110.80 Billion
Enterprise Value$121.43 Billion
Dividend Yield$1.02 (0.98%)
Earnings per Share$6.41
Beta0.46
Outstanding Shares1,085,000,000

Return

Return on Equity21.34%ROE
Return on Assets12.99%
Return on Invested Capital14.49%

Valuation & Multiples

P/E Ratio13.32P/E Ratio
PEG-13.8PEG
Price to Sales9.25Price to Sales
Price to Book Ratio3.18Price to Book Ratio
Enterprise Value to Revenue9.7
Enterprise Value to EBIT16.07
Enterprise Value to Net Income16
Total Debt to Enterprise0.02
Debt to Equity0.05Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
April 23, 2026
EPS Estimate
$2.07
Average shareholder expectation
Revenue Estimate
$6.77 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 23, 2026
EPS Estimate
$2.25
Average shareholder expectation
Revenue Estimate
$6.49 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio1.0502 2.69%
Total Calls15,934,524 39.60%
Total Puts16,733,912 38.01%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %73.49% 3.18%
Total Invested$87.94B 4.76%
Investors Holding1,922 126.00%

ESG Score

No data

About Newmont Corp

CEO: Thomas Palmer

Relevant Senate Committees

Joint Committee on Taxation

This committee provides critical analysis and revenue estimates for all tax legislation, directly influencing the corporate tax structures and fiscal policies that significantly affect Newmont's financial performance.

Finance

This committee controls taxation and trade policy, directly impacting Newmont's corporate tax burden, profitability, and any potential tariffs on equipment or exports/imports.

Agriculture, Nutrition, and Forestry

This committee oversees the CFTC, which regulates the derivatives and futures markets where gold is traded, directly impacting gold price discovery and market mechanics relevant to Newmont.

Energy and Natural Resources

This committee directly oversees national energy policy, public lands, and mineral leasing, which are critical for Newmont's access to resources, operational costs, and permitting for mining projects.

Environment and Public Works

This committee directly regulates environmental protection (EPA) which is crucial for mining permits, waste management, and operational compliance, significantly impacting Newmont's costs and ability to operate.