Newmont Corporation, based in Greenwood Village, Colorado, United States, is one of the largest gold mining companies in the world.
| Revenue (TTM) | $25.77B |
| Gross Profit (TTM) | $17.53B |
| EBITDA | $17.06B |
| Operating Margin | 51.60% |
| Return on Equity | 25.90% |
| Return on Assets | 15.80% |
| Revenue/Share (TTM) | $23.76 |
| Book Value | $33.28 |
| Price-to-Book | 3.81 |
| Price-to-Sales (TTM) | 4.97 |
| EV/Revenue | 5.07 |
| EV/EBITDA | 8.15 |
| Quarterly Earnings Growth (YoY) | 11.40% |
| Quarterly Revenue Growth (YoY) | 15.10% |
| Shares Outstanding | $1.05B |
| Float | $1.05B |
| % Insiders | 0.30% |
| % Institutions | 81.63% |
Volatility is currently contracting
Recently, Zacks.com users have been paying close attention to Newmont (NEM). This makes it worthwhile to examine what the stock has in store.
DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, ASX: NEM, PNGX: NEM) will release its third quarter 2026 results after North American markets close on Thursday, October 22, 2026. A conference call to discuss the results will be held at 5:30 p.m. Eastern Daylight Time the same day, which is 8:30 a.m. Australian Eastern Daylight Time on Friday, October 23, 2026. A replay of the webcast will be available through the Company's website. Webcast Details Title: Newmont's Third Quarter 2026 Re.
Agnico Eagle and Newmont strengthen their positions with rising cash flows and project expansions as gold prices stay supportive.
Gold and interest rates tend to move in opposite directions. Higher interest rates are bullish for the dollar, raising the appeal of yield-bearing assets like bonds, making gold, which pays no yield, less attractive.
NEM's record free cash flow is fueling investment in organic growth projects and incremental shareholder returns.
Newmont has appreciated over 30% since I last checked on it in July, supported by strong H1 2026 results and despite recent weakness in the gold price. While much of its earlier estimated price upside has been exhausted, gold price trends YTD and its results call for an upgrade in financial outlook. NEM's improved adjusted net income margin is particularly instrumental in the resulting updated projections, indicating substantial upside to the stock for 2026 even now.
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, XETRA:NMM) remains UBS's preferred large-cap gold miner, with the bank citing clarity on capital returns and a path to growing production per share. The key overhang on Newmont's investment case, a potential large payment to Barrick to equalize ownership of the Fourmile project in their Nevada joint venture, was resolved in August, the analysts noted.
Zacks.com users have recently been watching Newmont (NEM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Newmont's 60% rally reflects strong earnings and cash flow, but lower production, higher costs and falling estimates cloud its outlook.
NEM faces production challenges as lower output and higher costs pressure 2026 goals.
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