NEWMONT CORPORATION REGISTERED (NEM)
Share Price Analysis and Chart

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NEM

NEM - NEWMONT CORPORATION REGISTERED

FNArena Sector : Gold & Silver
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: 1.12
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$86.27

15 Apr
2025

-0.770

OPEN

$86.96

-0.88%

HIGH

$86.99

497,109

LOW

$85.98

TARGET
$89.80 4.1% upside
OTHER COMPANIES IN THE SAME SECTOR
A1M . AAM . AAR . ADT . ALK . AMI . ASL . AUE . BC8 . BEZ . BGL . BTR . CEL . CMM . CNB . CVV . CY5 . CYL . DEG . EMR . EVN . EVR . FFM . FFM . FND . GMD . GOR . GPR . HGO . IGO . KCN . KGL . MAU . MEI . MEK . MM8 . MML . NST . NVA . OBM . PDI . PNR . PRU . RMS . RRL . RSG . RXL . SBM . SMI . SPR . STM . STN . SVL . TBR . TCG . TRE . TTM . VAU . WAF . WGX . WIA . WMX .
FNARENA'S MARKET CONSENSUS FORECASTS
NEM: 1
Title FY25
Forecast		 FY26
Forecast
EPS (cps) 530.4 xxx
DPS (cps) 154.4 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 16.5 xxx
Dividend Yield 1.8% xxx
Div Pay Ratio(%) 29.1% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 29.22%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.72

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 26/11 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx433.9
DPS All xxxxxxxxxxxxxxx151.1
Sales/Revenue xxxxxxxxxxxxxxx28,133.8 M
Book Value Per Share xxxxxxxxxxxxxxx4,289.0
Net Operating Cash Flow xxxxxxxxxxxxxxx9,646.8 M
Net Profit Margin xxxxxxxxxxxxxxx17.68 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx10.94 %
Return on Invested Capital xxxxxxxxxxxxxxx8.66 %
Return on Assets xxxxxxxxxxxxxxx5.77 %
Return on Equity xxxxxxxxxxxxxxx10.94 %
Return on Total Capital xxxxxxxxxxxxxxx14.51 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx2,753.2 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx1,697 M
Long Term Debt xxxxxxxxxxxxxxx12,986 M
Total Debt xxxxxxxxxxxxxxx14,683 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx5,881 M
Price To Book Value xxxxxxxxxxxxxxx1.39

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx5,157.7 M
Capex % of Sales xxxxxxxxxxxxxxx18.33 %
Cost of Goods Sold xxxxxxxxxxxxxxx18,395 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx1,025 M
Research & Development xxxxxxxxxxxxxxx299 M
Investments - Total xxxxxxxxxxxxxxx7,523 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.8

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

03/04/2025

1

Buy

$95.00

10.12%

Ord Minnett has broadly reduced its commodity price forecasts, with the exception of gold and neodymium-praseodymium.

The broker cites growing concerns over weakening Chinese steel demand and the potential global trade and economic impacts stemming from proposed US tariffs.

The broker's 2025 iron ore price forecast falls by -3%, while metallurgical coal and thermal coal price estimates fall by -18% and -17%, respectively.

On a sector level, Ord Minnett prefers base metal producers over the bulk miners, noting limited appeal among the lithium and coal producers.

Rio Tinto is preferred over over BHP Group among the large diversified miners, while South32, Capstone Copper, and MAC Copper are the analyst's top picks for base metals exposure.

Among the large gold exposures, the analysts like Buy-rated Newmont Corp. The target is increased to $95 from $92.50.

Morgans

xx/xx/xxxx

1

xxxxxxxxxx xx xxxxxxxx xxxx xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Goldman Sachs

10/04/2025

1

Buy

$95.50

10.70%

Noting the outperformance of gold stocks in 1Q25 vs the gold price, Goldman Sachs believes gold equities will continue to outperform the commodity this year. This would be on a combination of rising gold prices and lower unit costs.

In the medium term, the broker expects performance to be driven by margins/cash generation, improving balance sheet, and exploration upside, with M&A likely continuing.

The broker sees longer-term fundamental value in Newmont Corp, with options created from divestments.

Buy. Target rises to $95.50 from $78.50.

FORECAST
Goldman Sachs forecasts a full year FY25 dividend of 153.61 cents and EPS of 761.90 cents.
Goldman Sachs forecasts a full year FY26 dividend of 153.61 cents and EPS of 923.20 cents.
Access Extra Coverage Research History >

NEM STOCK CHART

FNArena News on NEM

1
Rudi’s View: Best Buys & Conviction Calls On ASX

Apr 10 2025 - Rudi's View
2
Australian Broker Call *Extra* Edition – Apr 10, 2025

Apr 10 2025 - Daily Market Reports
3
Favourite ASX-Gold Exposures

Apr 09 2025 - Commodities
4
March In Review: Gold Shines As Tech Suffers

Apr 03 2025 - Australia
5
Rudi’s View: Best Buys In Copper, Small Caps, Tech, Healthcare, And More

Mar 20 2025 - Rudi's View

Latest Gold & Silver News

1
Favourite ASX-Gold Exposures

Apr 09 2025 - Commodities
2
The Risk For Gold Heading Into A Tariff Storm

Mar 26 2025 - Technicals
3
Northern Star Has Broken Out

Mar 18 2025 - Technicals
4
Gold Miners On The Rise

Mar 11 2025 - Technicals
5
Unlocking Vault’s Golden Potential

Nov 14 2024 - Commodities
6
What Went Wrong With Newmont?

Nov 05 2024 - Australia
7
In Brief: Aurum, Hillgrove & Little Green Pharma

Oct 25 2024 - Weekly Reports
8
Perseus Mining Shares Ready To Run

Oct 22 2024 - Technicals
9
Gold & Dividends Shine For Northern Star

Sep 12 2024 - Australia
10
Cup And Handle For Capricorn Metals

Aug 06 2024 - Technicals