Newmont Corporation (NEM) Stock AnalysisNEMNewmont Corporation

Newmont Corporation is a gold company and a producer of copper, zinc, lead, and silver with operations and/or assets in the Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea regions. The Company's operations include Brucejack, Red Chris, Penasquito, Merian, Cerro Negro, Yanacocha, Boddington, Tanami, Cadia, Lihir, Ahafo, and NGM. The Brucejack operation includes four mining leases and six core mineral claims which cover 8,169 acres (3,306 hectares) and 337 mineral claims covering 298,795 acres (120,918 hectares). The Red Chris operation includes five mining leases which cover 12,703 acres and 199 mineral claims, encompassing an area of 164,903 acres (66,734 hectares). Penasquito includes 20 mining concessions for operations comprising 113,231 acres (45,823 hectares) and 60 mining concessions for exploration of 107,456 acres (43,486 hectares). The Merian operation includes one right of exploitation encompassing an area of 41,687 acres (16,870 hectares). It operates in the Basic Materials sector (GOLD AND SILVER ORES industry).

Newmont Corporation (NEM) is a good buy right now due to its current price of $117.84 being below several analyst price targets, such as $144 from Bernstein and $149 from Scotiabank. The company has shown strong financial performance with a gross margin of 64.84% in Q1 2026 and a forward P/E ratio of 11.63, indicating it is undervalued compared to its earnings potential. However, a significant risk is the recent insider selling, which has increased by 506.06% over the last month, suggesting potential concerns among insiders about the company's future performance.

18 analysts cover NEM: 11 rate it Buy, 7 Hold and 0 Sell. The average price target is 110.85.