NYSE:NEM

Newmont Mining (US) (NEM)

108.47
+1.00 (0.93%)
as of Jun 4, 2026, 3:59:38 pm Market Open.
93 watching
0
Investor Insights
star iconJun 4, 2026, 12:00 am

This summary was created by AI, based on 3 opinions in the last 12 months.

Newmont Mining (NEM) has garnered positive attention from experts who appreciate its recent performance linked to the rising gold prices. One reviewer noted an impressive run-up from $40 to $127, suggesting that selling on spikes may be a prudent strategy given the volatility of the gold market. Another expert highlighted a significant 168% increase correlating with gold's upward trajectory, although they prefer Agnico Eagle Mines (AEM) as a more favorable investment. A third review indicates a bullish outlook for gold while recommending a switch to an intermediate producer for greater leverage. Collectively, these perspectives underscore Newmont Mining's strength amidst broader market fluctuations, while also pointing to alternative investment choices within the precious metals sector.

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Consensus
Positive
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Valuation
Fair Value
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Similar
AEM-T
BUY
One of the very biggest companies in the gold sector. A great proxy for the gold sector. Won't be one of the fastest growing ones.
BUY
The largest unhedged producer of gold. The only gold stock in the S&P. The short-term pullback is a really good opportunity to buy lots.
PAST TOP PICK
(A Top Pick Dec 28/05. Down 8%.) For insurance purposes, everybody should have some gold stocks. This one is the best managed with the best properties. Costs for gold miners around the world have gone up as much as the price of gold has gone up.
TRADE
There was some disappointment in their last earnings. He likes Pierre La'sau (sp) and wouldn't bet against him. If it went to the 45 or 48 he would look at it.
DON'T BUY
The only game in town in gold in the US. Smart management. Their production is down and their costs are up so the stock price has been hit. If you're going to buy 1 large cap, unhedged, US gold stock, this is the one you'll buy. In Canada, we have lots of good alternatives with better growth prospects. The stronger Cnd$ can also hurt you.
TOP PICK
Likes gold now that it is going up. This company is the best managed and the best assets and it doesn't hedge.
DON'T BUY
Has a model price of $29.43 which is a 33% premium. All gold stocks are massively overvalued. Wouldn't touch gold stocks.
WAIT
This company is really a proxy for the metal price, in this case gold. The main driver here will be what happens to the price of gold. There is already a premium built in to this and the other major gold producers. Would wait for gold to pull back a little before buying.
PAST TOP PICK
(A Top Pick Jun 6/05. Up 10%.) The premier gold company in the world. Good management.
COMMENT
Caller: Bull on gold. Sells PUTs out about 1.5 years on senior golds such as Placer (PDG-T) Barrick (ABX-T) or Newmont (NEM-N), and prepared to have the stocks sold to him at that price. Good idea? Answer: Great idea. Options on gold stocks are about the 4th decile in terms of their price (probably twice as expensive as options on the TSX (X-T) to give some perspective). This will give you a decent premium.
TOP PICK
The world's largest gold mining company. The best managed, the best financed. Stock has been hit in the last few months as gold has been hit. Outlook for gold is OK. Now seems to be moving up with the US$ which is odd.
WAIT
Keep a close eye on golds. His sector model indicates they are pretty sold out. Wait for buying to come back into the market. US$ has been strengthening against the Euro and there's been a very tight correlation with gold to the US$. Look for 1) stocks to rally along with the gold price and 2) gold starting to trade independently of the US$.
BUY
By far the best gold company in the world. Also likes Placer Dome (PDG-T) which trades at about half Newmont's valuation. Not as good a company, but at half the valuation, prefers Placer. Owns gold as a hedge against the US$.
WATCH
The gold market is very interesting right now. Doesn't think gold is going to do a lot. US$ is rallying. There's been a long trend line on Newmont and it has reached a point where it is seeing if it can hold at this point. If it does hold, there should be a bounce to at least $50. Prefers juniors at this time.
PAST TOP PICK
(A Top Pick Oct 27/04. Down 10%.) Fell back with gold. Still thinks there's further downside risk in the US$. Use this weakness in the stock to buy.
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