Newmont (NEM) Stock Price, Fundamentals & Analysis

What NEM does

Newmont (NEM) is a gold producer listed on the ASX 200. It also explores for copper, silver, lead, zinc, and other metals, with operations and assets across the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. Founded in 1916 and headquartered in Denver, Colorado, it is one of the largest gold mining companies by market capitalisation. On the Australian market it sits alongside peers such as South32 (S32), BHP (BHP), and Genesis Minerals (GMD).

Key numbers explained

• Price of 171.02 AUD: the most recent trading price on the ASX, expressed in Australian dollars.
• Market capitalisation of 180.2B AUD: the total value of all outstanding shares, used to classify the company's size.
• Trailing P/E ratio of 15.2: the current price divided by the last 12 months of earnings; a lower figure can suggest the stock is cheaper relative to recent earnings.
• Forward P/E ratio of 11.6: uses expected future earnings, which can be more relevant for growth or cyclical companies.
• Dividend yield of 0.84%: the annual dividend as a percentage of the share price; a lower yield is typical for a growth-oriented mining company.
• Ex-dividend date of Sep 2, 2026: the date after which a buyer is no longer entitled to the next dividend payment.
• Beta of 0.54: a measure of volatility relative to the market; below 1.0 means the stock has historically moved less than the broader market.
• Price change over the last 52 weeks of 29.3%: the total return from the price one year ago to the current level.

What to watch

• Gold prices, which are influenced by interest rates, inflation expectations, and currency movements, directly affect Newmont's revenue and margins.
• Operating costs, including energy and labour, can compress or expand the company's 51.6% operating margin and 33.4% profit margin.
• Production volumes and mine-level performance across its global portfolio, including sites in Australia and Papua New Guinea.
• Debt levels and capital allocation decisions, given the 15.8% debt-to-equity ratio and the 13% share of earnings paid out as dividends.
• Broader market conditions and investor sentiment toward the mining and basic materials sector, which can be tracked through indices and peers like Fletcher Building (FBU) or Sims Metal (SGM).