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Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Newmont Mining (NEM) is facing struggles with costs and missed revenue and EPS estimates. The company's adjusted Ebitda may rise by almost 30% amid a strong operational performance, but some acquired assets may take longer to achieve operational stability. However, the company has strong operating cashflows and may see net debt decline, giving it potential for a share-buyback program. Experts recommend holding the stock for now and monitoring its performance over the next six months.

Consensus
Hold
Valuation
Fair Value
Similar
Barrick Gold, GOLD
HOLD
Newmont Mining (US)
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

NEM/NGT is continuing to struggle with costs, which is impacting profit growth. The Newcrest acquisition is so far not working out well. EPS of 81c missed estimates of 85c. Revenue of $4.6B missed estimates of $4.69B. Newmont's adjusted Ebitda may rise by almost 30% to just over $2.5 billion amid a strong 4Q operational performance, gold output guidance of 1.8 million ounces, 7% higher vs. 3Q, and a rally in gold to more than $2,700 an ounce. This could restore some market sentiment after a disappointing 3Q and muted 2025 outlook. Contracted labor cost inflation offset synergy benefits and operational stability at some of the acquired assets, Lihir, BruceJack and Cadia, may take a bit longer to achieve vs. management's initial expectations. Cash proceeds of $1.1 billion from asset disposals, along with strong operating cashflows, may see net debt decline below $5 billion, giving the company plenty of scope to continue its share-buyback program. The company is not our favourite, and has 'screwed up' before. But it is priced well and EPS is still expected. With some better cost management it can get back on track. With the stock down sharply this week we would rate it a HOLD now, with a view to watch performance over the next six months. Still, we would be fine upon a bounce to switch it for AEM, WPM or FNV. 
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precious metals
TOP PICK
Newmont Mining (US)

Gold is at all-time highs. Producers have prolific cashflows. Safe way to get operating leverage inherent in a producer. Biggest gold producer in the world. Most mines are in geopolitically safe locations. Only gold producer in the S&P 500, so it's the go-to name. Conservatively financed, BBB+ credit. Big share buybacks. Non-core asset divestiture. Yield is 1.8%.

(Analysts’ price target is $56.69)
precious metals
DON'T BUY
Newmont Mining (US)

He doesn't invest in gold stocks. Only 8% of gold is used in industrial products.

precious metals
BUY
Newmont Mining (US)

Bought it because he expects gold to break-out. He could be wrong. He doesn't buy many commodities. This business is managed well.

precious metals
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Newmont Mining (US)
(A Top Pick Oct 26/21, Up 22.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NEM has triggered its stop at $70.50. To remain disciplined we recommend covering the position at this time. This will result in a net investment gain of 15%, when combined with the previous buy recommendations.
precious metals
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Newmont Mining (US)
(A Top Pick Oct 26/21, Up 31.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NEM is progressing well. We now recommend trailing up the stop (from $62.50) to $70.50.
precious metals
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Newmont Mining (US)
(A Top Pick Oct 26/21, Up 26.6%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with NEM has achieved its $73 target. To remain disciplined, we recommend covering half the position and trailing up the stop (from $57.50) to $62.50.
precious metals
TOP PICK
Newmont Mining (US)
The gold sector is breaking out driven by inflation. Newmont is the largest gold producer with over 6 million ounces per year. It has 8 world class assets and 2 new emerging assets in mostly low risk political environments. It is good for income with a 3% dividend and strong dividend growth ahead. Some inflation protection is built in. Buy 11, Hold 12, Sell 0.
precious metals
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Newmont Mining (US)
(A Top Pick Oct 26/21, Up 9.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NEM is progressing well. We now recommend trailing up the stop (from $52.00) to $57.50.
precious metals
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Newmont Mining (US)
Stockchase Research Editor: Michael O'Reilly We reiterate NEM as a good defensive holding and TOP PICK. It is well funded, with a high level dividend. It offers inflation protection and market uncertainty protection. As a miner, primarily of gold, with reserves over 94 million ounces, it checks a lot of boxes. Trading at 18x earnings, it is cheaper than its peers at 26x. Its dividend (which has tripled over the past three years) is backed by a payout ratio expected to be under 60% of next year earnings. Earnings will be reported later this week. We would buy this with a stop loss at $52, looking to achieve $73 -- upside exceeding 25%. Yield 3.56% (Analysts’ price target is $72.90)
precious metals
DON'T BUY
Newmont Mining (US)

Likes it, but buy Barrick instead. The gold stocks as a whole are hot.

precious metals
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Newmont Mining (US)
Stockchase Research Editor: Michael O'Reilly NEM is a good defensive holding -- a well funded, high level dividend; inflation protection; and market uncertainty protection. As a miner, primarily of gold, with reserves over 94 million ounces, it checks a lot of boxes. Trading at 20x earnings, it is cheaper than its peers at 26x. Over 75% of the shares are held by large institutions, giving it more staying power. Its dividend is backed by a payout ratio of 57%. We would buy this with a stop loss at $52, looking to achieve $80 -- upside exceeding 23%. Yield 3.56% (Analysts’ price target is $72.91)
precious metals
BUY
Newmont Mining (US)

The USD and gold price The debt clock in Times Square will hit $30 trillion in a couple weeks. If you can't get bearish on the USD with that, he doesn't what will. He was wrong--he thought the USD would continue to slide since last fall into this spring, but it's obviously bounce--but the bounce is temporary, he thinks. The dollar will continue to fall, which will benefit metals. He didn't think gold would fall down here, either, but at least gold has held the low of June 2020. In this space, Newmont around $57 off last summer's $70 looks interesting.

precious metals
PAST TOP PICK
Newmont Mining (US)
(A Top Pick Jul 11/19, Up 61%) He has been bullish on the golds for some while and thinks you should hold a minimum of 20% in your portfolio. He continues to hold his gold stocks and they are now running close to 40% of his portfolio. He is letting them run as they have miles to go.
precious metals
TOP PICK
Newmont Mining (US)
He is not a gold bug but there is a time to own golds. It makes sense due to all the monetary stimulus and all the money printing around the world. They just raised their dividend 78%. They are about to start a new mine in Mexico. 90% of their production is up and running. It continues to be an under-owned group. (Analysts’ price target is $64.63)
precious metals
Showing 1 to 15 of 78 entries

Newmont Mining (US)(NEM-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Newmont Mining (US) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Newmont Mining (US)(NEM-N) Frequently Asked Questions

What is Newmont Mining (US) stock symbol?

Newmont Mining (US) is a American stock, trading under the symbol NEM-N on the New York Stock Exchange (NEM). It is usually referred to as NYSE:NEM or NEM-N

Is Newmont Mining (US) a buy or a sell?

In the last year, 1 stock analyst published opinions about NEM-N. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Newmont Mining (US).

Is Newmont Mining (US) a good investment or a top pick?

Newmont Mining (US) was recommended as a Top Pick by on . Read the latest stock experts ratings for Newmont Mining (US).

Why is Newmont Mining (US) stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Newmont Mining (US) worth watching?

1 stock analyst on Stockchase covered Newmont Mining (US) In the last year. It is a trending stock that is worth watching.

What is Newmont Mining (US) stock price?

On 2024-12-06, Newmont Mining (US) (NEM-N) stock closed at a price of $41.11.