NEM

NEM faces higher 2026 unit costs as lower production, higher royalties and sustaining capital pressure margins.

NEM's 24% rally is backed by stronger gold prices, but lower production, rising costs and estimates cloud its outlook.

Barrick Mining settled a longstanding dispute with rival Newmont over its Nevada operations, securing a $1.95 billion cash payout and paving the way for the spinoff of Barrick's North American gold assets.

Gold is extending its winning streak to a seven-week high near $4,300 per ounce, driven by geopolitical developments, a sliding dollar, and shifting Federal Reserve rate expectations. Despite recent gains, gold still trades over 20% below its record high of $5,589 per ounce in late January, according to CNBC analysis.

Highlights Awalé completes its previously announced strategic financing with the closing of Newmont's equity investment. Newmont maintains its approximately 8.2% ownership in Awalé.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Investors need to pay close attention to NEM stock based on the movements in the options market lately.

NEM and EQX both offer growth pipelines, solid balance sheets and shareholder returns, but key differences in valuation, production outlook and expansion plans set them apart.

I reiterate Newmont Corporation as a Strong Buy with a $142 price target, implying a 52% upside from $93. The main growth drivers are the H2 production ramp, supportive copper and silver economics, and a development pipeline that could eventually contribute around $775 million of annual EBITDA. My valuation applies an 8x FWD EV/EBITDA multiple to an estimated 2026 adjusted EBITDA of about $18.2 billion, producing a price target of $142 per share.

Newmont (NEM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.