NEM Stock Summary and Trading Ideas (Newmont | NYSE:NEM)

Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 11 mines and interests in two joint ventures in the Americas, Africa, Australia, and Papua New Guinea. The company is expected to sell roughly 5.6 million ounces of gold in 2025 from its core mines after selling six higher-cost, smaller mines following the Newcrest acquisition. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves, along with significant byproduct reserves at the end of December 2024.

Newmont trades on the NYSE stock market under the symbol NEM.

As of December 19, 2025, NEM stock price climbed to $101.29 with 20,822,786 million shares trading.

NEM has a beta of 0.68, meaning it tends to be less sensitive to market movements. NEM has a correlation of 0.09 to the broad based SPY ETF.

NEM has a market cap of $110.53 billion. This is considered a Large Cap stock.

Last quarter Newmont reported $6 billion in Revenue and $1.71 earnings per share. This beat revenue expectation by $370 million and exceeded earnings estimates by $.33.

In the last 3 years, NEM traded as high as $102.36 and as low as $29.42.

The top ETF exchange traded funds that NEM belongs to (by Net Assets): VTI, VOO, VO, GDX, IVV.

NEM has outperformed the market in the last year with a price return of +171.8% while the SPY ETF gained +17.3%. NEM has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +29.6% and +11.7%, respectively, while the SPY returned +3.3% and -0.6%, respectively.

NEM support price is $96.55 and resistance is $102.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NEM shares will trade within this expected range on the day.