Newmont Corp NEM
Morningstar’s Analysis
1-Star Price
PREMIUM
5-Star Price
PREMIUM
Economic Moat
PREMIUM
Capital Allocation
PREMIUM
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Company Profile
Newmont is the world's largest gold producer. In 2020, the company produced 5.9 million attributable ounces of gold and over 1 million attributable gold equivalent ounces from the sale of byproducts. On a long-term basis, the company expects to produce 6.5 to 7 million ounces of annual gold production while driving all-in sustaining costs down to $800 per $900 per ounce. In comparison, 2020 AISC was $1,045 per ounce.
Denver, CO, 80237