Newmont Corporation (NEM) Stock Analysis
Temp Headwind edge
Basic Materials · Gold
Wait for pullback to $104.59. Weak momentum — blocks BUY_NOW at $107.31. Engine's entry $104.59 (Support Atr Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Commodity: gold (85.0%); Sector modifier (Basic Materials): -0.1.
Newmont Corporation is the world's largest gold producer, operating 13 mining segments across the U.S., Papua New Guinea, Australia, Ghana, Suriname, Argentina, and other jurisdictions with 118.2M attributable proven/probable gold reserves. Gold represented 85% of 2025 Sales;... Read more
Wait for pullback to $104.59. Weak momentum — blocks BUY_NOW at $107.31. Engine's entry $104.59 (Support Atr Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Commodity: gold (85.0%); Sector modifier (Basic Materials): -0.1. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Wide-moat business. Accumulate on weakness. Score 6.8/10, moderate confidence.
Passes 7/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 64d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: conservative.
Recent Developments — Newmont Corporation
Material events (past 30 days)
- Apr 28, 2026 MEDIUM Item 5.02: Francois Hardy, EVP and Chief Technical Officer, will retire effective June 30, 2026 after ~24 years. Erin Workman named acting CTO from May 2026. Structured search underway for permanent successor.
Latest news
- Newmont (NEM): The Best Precious Metal Stock to Buy According to Wall Street Analysts - Yahoo Finance — Yahoo Finance positive
- Wealthfront Advisers LLC Grows Stock Position in Newmont Corporation $NEM - MarketBeat — MarketBeat positive
- Pictet Asset Management Holding SA Acquires 29,062 Shares of Newmont Corporation $NEM - MarketBeat — MarketBeat neutral
- Newmont Q1 preview: Analysts highlight stronger portfolio, cash value focus (NEM:NYSE) - Seeking Alpha — Seeking Alpha positive
- Newmont Corporation Stock (NEM) Moved Up by 3.00% on Apr 22: A Full Analysis - TradingKey — TradingKey positive
Generated 2026-05-20T20:21:21Z.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHCommoditygold85%10-K Item 1: 'For the years ended December 31, 2025, 2024 and 2023, 85%, 85% and 89%, respectively, of our Sales were attributable to gold.'
Material Events(8-K, last 90d)
- 2026-04-28Item 5.02MEDIUMFrancois Hardy, EVP and Chief Technical Officer, will retire effective June 30, 2026 after ~24 years. Erin Workman named acting CTO from May 2026. Structured search underway for permanent successor.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
2 floor-breakers·2 ceiling hits
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $104.59. Weak momentum — blocks BUY_NOW at $107.31. Engine's entry $104.59 (Support Atr Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Commodity: gold (85.0%); Sector modifier (Basic Materials): -0.1. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Wide-moat business. Accumulate on weakness. Target $129.61 (+20.8%), stop $95.51 (−12.4%), Setup A.R:R 4.3:1. Score 6.8/10, moderate confidence.
Take-profit target: $129.61 (+21.8% upside). Target $129.61 (+20.8%), stop $95.51 (−12.4%), Setup A.R:R 4.3:1. Stop-loss: $95.51.
Concentration risk — Commodity: gold (85.0%); Sector modifier (Basic Materials): -0.1; Negative momentum.
Newmont Corporation trades at a P/E of 13.6 (forward 9.3). TrendMatrix value score: 7.2/10. Verdict: Buy (Wait for Entry).
30 analysts cover NEM with a consensus score of 4.1/5. Average price target: $144.
What does Newmont Corporation do?Newmont Corporation is the world's largest gold producer, operating 13 mining segments across the U.S., Papua New...
Newmont Corporation is the world's largest gold producer, operating 13 mining segments across the U.S., Papua New Guinea, Australia, Ghana, Suriname, Argentina, and other jurisdictions with 118.2M attributable proven/probable gold reserves. Gold represented 85% of 2025 Sales; copper, silver, lead, and zinc are co-products at Cadia, Boddington, Peñasquito, and Red Chris.