Newmont's third-quarter adjusted NPAT of USD 2.3 billion, or USD 2.20 per share, rose 23% on a year ago, driven by a 22% higher realized gold price. This more than offset lower sales volumes and higher unit costs. Its ASX-listed shares closed 4% lower, similar to peers, as the gold price fell.
Newmont is the world’s largest gold miner, with copper and other byproducts providing some diversification, representing around 15% of forecast midcycle revenue from 2030.
Bigger is not always better in gold mining. Newmont's operations span four continents, increasing the complexity and difficulty of managing the assets.
|
Metric
|
NEM
|
AEM
|
B
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.95 | 15.35 | 11.15 |
Price/Book Value | 3.19 | 3.10 | 2.30 |
Price/Sales | 4.33 | 6.02 | 3.11 |
Price/Cash Flow | 8.28 | 11.19 | 6.50 |
|
Metric
|
NEM
|
AEM
|
B
|
|---|---|---|---|
Quick Ratio | 1.86 | 1.90 | 2.12 |
Current Ratio | 2.45 | 2.86 | 3.01 |
Interest Coverage | 100.46 | 565.22 | 41.26 |
|
Metric
|
NEM
|
AEM
|
B
|
|---|---|---|---|
Return on Assets (Normalized) | 18.34% | 16.54% | 15.61% |
Return on Equity (Normalized) | 30.25% | 22.76% | 30.01% |
Return on Invested Capital (Normalized) | 25.66% | 22.01% | 20.10% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Newmont Corp Chess Depository Interest
NEMCL
| — | LOCK|sB | $113B | |||
| Newmont Corp
NEM
| LOCK|pK>JJ^ | LOCK|s& | $113B | |||
| Zijin Mining Group Co Ltd ADR
ZIJMY
| — | LOCK|J#qg$ | $111B | |||
| Zijin Mining Group Co Ltd Class H
ZIJMF
| — | LOCK|ldF!> | $111B | |||
| Agnico Eagle Mines Ltd
AEM
| LOCK|nVL??Zh | LOCK|Q^ | $88B | |||
| Barrick Mining Corp
B
| LOCK|%h^!#L | LOCK|%q | $63B | |||
| Wheaton Precious Metals Corp
WPM
| LOCK|jkV>mq | LOCK|Qk | $55B | |||
| Franco-Nevada Corp
FNV
| — | LOCK|nz | $44B | |||
| Anglogold Ashanti PLC
AU
| — | LOCK|v>%Zd | $42B | |||
| Kinross Gold Corp
KGC
| LOCK|Djz$#Gn | LOCK|Xj# | $26B |
United States