Newmont Corporation (NEM) Stock AnalysisNEMStock AnalysisNewmont 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 $127.98, which is below several analyst price targets, including $149 from Scotiabank and $168 from CIBC. The company's strong financial performance is highlighted by a gross margin of 64.84% in Q1 2026 and a forward P/E ratio of 14.58, suggesting it is undervalued relative to its earnings potential. However, a risk to consider is the insider selling, which has increased by 506.06% over the last month, indicating potential concerns among insiders about the stock's future performance.

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