NEM Stock Analysis — Newmont Corporation
Sector: Metals & Mining
AI Verdict
Newmont trades at 9.9x next year's earnings with 42.0% EPS growth expected—cheap for the growth on offer if its scale advantage keeps margins intact.
Competitive Moat
Newmont is the world's largest gold miner, with a global portfolio of low-cost, long-life mines that create scale and geographic diversification few competitors can match. Its size and operational expertise give it cost advantages and resilience against commodity price swings.
Summary
Newmont's forward P/E of 9.9x and oversold RSI of 33.5 make it a rare large-cap miner with both value and momentum signals flashing.
Where It Stands
Shares are up 95.23% in the past year, trade at just 9.9x next year's earnings (well below the sector's 20x median for industrials), and the RSI of 33.5 signals oversold conditions.
Key Metrics
- RSI: 33.5 — Near Oversold
- Trailing P/E: 14.1x
- Forward P/E: 9.9x
- PEG Ratio: 0.34
- Earnings Growth: +0.4%
- Revenue Growth: +0.3%
- Market Cap: $116.3B
- Dividend Yield: 0.01%
- 1-Year Return: 95.23%
- 52-Week High: $134.88
- 52-Week Low: $51.80
Analyst Consensus
25 Buy · 5 Hold · 0 Sell (30 analysts)
Bull Case
Analysts expect 42.0% EPS growth next year, so you're paying a forward P/E of 9.9x for rapid earnings acceleration.
Bear Case
If the P/E multiple reverts even to 8x, that's a 19% downside from here, and the 95.23% 1-year run means any gold price reversal could trigger a sharp pullback.
Catalyst to Watch
Watch for quarterly production and cost guidance updates—any sign of margin compression or operational hiccups could break the low-P/E story.