NEM Stock Analysis — Newmont Corporation
Sector: Metals & Mining
AI Verdict
At 9.5x next year’s earnings with 80.3% growth expected, Newmont is cheap for the growth you’re getting, but the overheated RSI means a sharp correction is likely before any long-term upside plays out.
Competitive Moat
Newmont is the world’s largest gold miner, with a global portfolio of low-cost, long-life mines that give it scale and diversification few competitors can match. Its size allows for capital flexibility and operational efficiency, creating a cost advantage and resilience to commodity price swings.
Summary
A forward P/E of 9.5x and 80.3% expected EPS growth make Newmont stand out as gold prices surge.
Where It Stands
Shares are up 86.58% over the past year with an RSI of 82.9 (deeply overbought), yet the stock trades at just 9.5x forward earnings versus a sector median of 20x.
Key Metrics
- RSI: 82.9 — Overbought
- Trailing P/E: 17.1x
- Forward P/E: 9.5x
- PEG Ratio: 0.22
- Earnings Growth: +0.8%
- Revenue Growth: +0.3%
- Market Cap: $142.4B
- Dividend Yield: 0.04%
- 1-Year Return: 86.58%
- 52-Week High: $134.88
- 52-Week Low: $69.05
Analyst Consensus
27 Buy · 4 Hold · 0 Sell (31 analysts)
Bull Case
With analysts forecasting 80.3% EPS growth and a forward P/E of 9.5x, you’re paying a bargain price for rapid earnings expansion if gold prices hold.
Bear Case
An RSI of 82.9 signals extreme overbought territory, so a pullback to neutral RSI (65) could easily wipe out 20%+ of recent gains even if fundamentals stay strong.
Catalyst to Watch
Watch for quarterly production updates and gold price trends — any sign of cost overruns or falling gold could quickly reverse sentiment.