Newmont stock has a strong track record of delivering shareholder value, with a dividend yield of around 1.3% and a payout ratio of 24%.
Newmont's revenue growth has been steady, with a compound annual growth rate (CAGR) of 10% over the past five years, driven by its acquisition of Goldcorp in 2019.
The company's gold production has been increasing, with a CAGR of 7% over the past five years, and its cash costs per ounce have been decreasing.
Newmont's financial health is solid, with a debt-to-equity ratio of 0.3 and a current ratio of 2.5, indicating its ability to meet its short-term obligations.
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Financial Analysis
Newmont's financial health is a strong point, with a projected revenue of $18,354 in 2025, growing to $19,005 in 2027. The company's dividend yield is expected to be 2.43% in 2025, increasing to 2.56% in 2026.
The company's earnings per share (EPS) are projected to grow from $3.67 in 2025 to $3.89 in 2027. This growth is reflected in the company's price-to-earnings (P/E) ratio, which is expected to decrease from 11.32 in 2025 to 10.70 in 2027.
Newmont's free cash flow is also expected to increase, from $3,420 in 2025 to $3,893 in 2027, while its net debt is projected to decrease from $1,836 in 2025 to -$4,109 in 2027.
Balance Sheet in USD
The balance sheet is a snapshot of a company's financial situation at a particular point in time. It's a crucial tool for financial analysis, and I'm excited to dive into the numbers.
Total liabilities have been steadily increasing over the years, with a significant jump from 2017 to 2023, reaching $26,301.00.
Long-term liabilities per share have also seen a notable increase, from $13.91 in 2018 to $17.62 in 2023.
Equity has been on an upward trend, with a notable increase of 49.98% from 2022 to 2023, reaching $29,205.00.
Equity change percentage has been all over the place, with a -12.12% change in 2022, a 103.96% change in 2020, and a 49.98% change in 2023.
The balance sheet total has been steadily increasing as well, with a significant jump from 2017 to 2023, reaching $55,506.00.
Here's a breakdown of the balance sheet total change percentage over the years:
Estimates in USD
Estimates in USD can be a crucial aspect of financial analysis. Newmont Mining's revenue is estimated to reach $18,581 in 2026, a slight increase from $18,354 in 2025.
The average estimate for revenue in 2026 is $18,581, based on 7 analyst estimates. This is a significant increase from $4,630 in the current quarter.
The average estimate for earnings per share (EPS) in 2026 is $3.88, based on 10 analyst estimates. This represents a growth rate of +5.48% from the previous quarter.
Here are the estimated earnings per share for 2026, based on the article:
Newmont Mining's dividend yield is estimated to reach 2.56% in 2026, a slight increase from 2.43% in 2025.
Company News
Newmont's stock price has been on a rollercoaster ride due to its gold reserves. The company's gold reserves have been increasing, with a significant portion of them coming from its Tanami mine in Australia.
Newmont's Tanami mine has been a major contributor to the company's gold production. With a projected life of mine of 15 years, it's a significant source of revenue for Newmont.
Newmont's stock price has been influenced by the company's ability to maintain its gold production levels. The company's gold production has been steady, with a slight increase in the past year.
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Newmont's Tanami mine is expected to produce 450,000 ounces of gold per year. This is a significant contribution to Newmont's overall gold production.
Newmont's stock price has been impacted by the global gold market. The company's gold reserves and production levels are closely tied to the global gold price.
Newmont's gold reserves are expected to last for many years to come. The company's proven and probable gold reserves total 68.4 million ounces.
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Stock Performance
Newmont's stock has seen a significant decline of 33% since September, compared to the S&P 500 which is up 1.8%. This has led to the stock trading at 29.2% below its estimated fair value.
The company's revenue in 2023 was $11.81 billion, a decrease of -0.86% compared to the previous year. Losses were -$2.49 billion, 481.4% more than in 2022.
Newmont's stock price has fluctuated over the past year, with a 52-week high of $58.72 and a 52-week low of $29.42. The current share price is $41.57.
Here's a summary of the stock's performance over the past year:
Analysts are optimistic about Newmont's future performance, with a median estimate of a 27.7% increase in stock price.
A Turnaround Opportunity
Newmont's operational challenges have led to underperformance, but the company is working to improve efficiency and divest non-core assets.
This presents a significant investment opportunity, particularly given the company's high All-in Sustaining Costs (AIS).
Newmont's stock has dropped by over 33% since its peak, making it a potentially attractive buy for investors.
Despite this recent drop, the stock is still down since Q3-2024 results, and also since 1995.
Newmont's quality gold mining portfolio in non-threatening jurisdictions is a major draw for investors.
The company's extensive gold reserves and low production costs make it an attractive option for those looking to invest in the gold mining sector.
Newmont's stock is now trading at around $45 per share, which some analysts believe is undervalued given the potential for substantial gold gains in 2025.
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Frequently Asked Questions
Is Newmont mining a good stock to buy today?
Newmont Mining has a Moderate Buy analyst rating consensus based on 14 Wall Street analyst ratings. Considering this, it may be worth exploring further to determine if it's a good investment opportunity for you.
What is the future of Newmont stock?
According to 17 Wall Street equities research analysts, Newmont's average 12-month stock price forecast is $54.31, with a potential range of $45.00 to $63.00. This forecast suggests a moderate growth outlook for Newmont stock.
What is the NEM stock forecast for 2025?
NEM's forecast for 2025 is estimated to range between $36.57 USD and $69.60 USD, with a predicted average of $53.43 USD. Analysts' estimates provide a general outlook, but actual market performance may vary.
What is the symbol for Newmont Mining?
The symbol for Newmont Mining is NEM. This symbol is used to represent the company on stock exchanges and financial platforms.
Is Newmont a publicly traded company?
Yes, Newmont has been publicly traded since 1925. Its public trading history dates back nearly a century.
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