NEM Shares Newmont Corporation
ASX · ASXLast in our picks 2026-10-19 — not in the current list; analysis below is from that screen
Global gold major offering scale, diversification, and upside if bullion prices remain elevated.
Future value: $188.85 (+11.00%) · 6-12 months · analyst consensus
Signal breakdown
- ▸Jefferies reiterated Buy with A$224.12 target.
- ▾Below 50-day MA (-0.72%)
- ▸Above 200-day MA — long-term uptrend
Is NEM a buy right now?
Trend: NEM is trading below the 50-day average (-8.42%), RSI 54 — neutral momentum, with a 3-month return of +20.08%.
Valuation & quality: Newmont Corporation trades on a trailing P/E of 12.6, forward P/E 11.2, PEG 2.63, price-to-book 3.22; fundamentals show net margin 34.7%, return on equity 27.3%, revenue growth 15.2% year on year.
Analyst consensus: 11 analysts have a mean 12-month price target of A$186.04 (+18.8% vs the last close; range A$100.00 – A$224.12), consensus rating “buy”.
Income: trailing dividend yield 0.96%.
Our screen: BUY (score 3) — Global gold major offering scale, diversification, and upside if bullion prices remain elevated.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -10.60% | -5.10% | +0.60% | -11.10% | +0.30% | +31.20% | -5.40% | -6.40% |
Fundamentals
Analyst price target
Technical signals
About Newmont Corporation
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.
Sector: Basic Materials · Industry: Gold · United States · 17,500 employees · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.