$122B
Market Cap
58.8%
Above 52W Low
$72.78
52W Low
14.6%
Below 52W High
$135.29
52W High
52-Week Range
$72.78
52W Low
$135.29
52W High
Holders
10 TRACKED INVESTORS HOLD NEM
CI INVESTMENTS INC. increased by 53,968 shares· as of 2026-06-30 · filed 2026-08-13
Company Details
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 5.3 million ounces of gold in 2026 from its continuing 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 2025.
CEO
Natascha Viljoen
HeadquartersDenver, CO
Key Stats
Company Snapshot
Market & Listing
- Primary listing
- NYSE (NEM)
- Market Cap Tier
- Major
- P/B Ratio
- 2.9x
- P/E (TTM)
- 12.4x
- Gold β
- 1.36OLS vs GLD/SLV · 252 daily sessions · R² reliability
Company & Operations
- Headquarters
- Denver, CO
- Stage
- Producer
- Commodities
- gold
- Flagship
- Boddington (Western Australia, Australia)
- Jurisdictions
- Australia, Papua New Guinea, Ghana, United States, Mexico, Suriname, Argentina
- Industry
- Gold and Silver Ores
Contact & Links
- Website
- Visit
Mine projects and jurisdiction risk
Jurisdiction Risk for Newmont Corporation
Geographic risk is not evenly distributed. A single high-risk jurisdiction can carry outsized exposure even when most operations are in stable regions.
Jurisdiction risk tiers based on the Fraser Institute Annual Survey of Mining Companies
NEM Project Locations
10 projectsNEM Gold Beta
1.36Insider buying
No insider purchases on file.
Latest fund position changes
View all13F
Peter Schiff
348,491 → 298,622 shares (-14.3% QoQ) · as of 2026-06-30 · filed 2026-08-06 · SEC
- McAlvany Wealth Management LLCdecrease
David McAlvany
25,372 → 15,944 shares (-37.2% QoQ) · as of 2026-06-30 · filed 2026-07-23 · SEC
- Kopernik Global Investors, LLCincrease
David Iben
761 → 50,328 shares (+6513.4% QoQ) · as of 2026-06-30 · filed 2026-08-11 · SEC
- U S GLOBAL INVESTORS INCincrease
U.S. Global Investors
36,830 → 49,739 shares (+35.1% QoQ) · as of 2026-06-30 · filed 2026-07-27 · SEC
- CI INVESTMENTS INC.increase
CI Global Asset Management
300,862 → 354,830 shares (+17.9% QoQ) · as of 2026-06-30 · filed 2026-08-13 · SEC
Fund position filings reflect the last filed quarter and can be 45+ days old. They are not real-time.
Newmont Corporation
NEMNYSE🇺🇸
Gold beta measures how much this stock tends to move for every 1% move in the price of gold.
Gold Beta
1.36x
Amplifies gold moves
R-squared
0.65
Model fit (moderate)
Reliability-Adjusted Beta
0.88x
R²-weighted beta
Observation Window
252-DAY
Daily returns
How to read
β > 1.1
amplifies gold moves
β 0.9-1.1
tracks gold
β 0-0.9
dampens gold moves
β < 0
moves inversely
NEM's beta of 1.36 means it has historically amplified gold moves.
R-squared of 0.65 indicates a moderate relationship.
Methodology: OLS regression of NEM returns vs. GLD returns over 252 trading days. Source: Polygon.io price data. Updated daily.
Insider activity
Last 12 months of insider buying from SEC filings (officers, directors, and 10% owners).Form 4
Total Buys (12mo)
0
$0
Total Sells (12mo)
1
$1.2M
Net (12mo)
-$1.2M
Unique Insiders
21
Most Recent Filing
Oct 2, 2026
- SELLOpen market sale
TOTH PETER
EVP
Shares
—
Value
- SELLOpen market sale
VILJOEN NATASCHA
CEO
Shares
—
Value
- BUYStock grant
BEAVEN PETER DAVID
DIRECTOR
Shares
—
Value
- SELLOpen market sale
TOTH PETER
EVP
Shares
—
Value
- SELLOpen market sale
VILJOEN NATASCHA
CEO
Shares
—
Value
- SELLGift
GREGORY H BOYCE
DIRECTOR
Shares
46,871
Value
- SELLOpen market sale
TABOLT BRIAN
CFO
Shares
11,445
Value
$1.2M
- SELLOpen market sale
VILJOEN NATASCHA
CEO
Shares
—
Value
- SELLOpen market sale
TOTH PETER
EVP
Shares
—
Value
- SELLTax withholding
WEXLER PETER
OFFICER
Shares
—
Value
- BUYStock grant
FRY DAVID JAMES
EVP
Shares
3,691
Value
- BUYStock grant
RODGERS MARK C
COO
Shares
6,954
Value
- BUYStock grant
TABOLT BRIAN
CFO
Shares
7,275
Value
- BUYStock grant
THORNTON DAVID JOHN
OFFICER
Shares
2,674
Value
- BUYStock grant
WEXLER PETER
OFFICER
Shares
5,349
Value
- SELLOpen market sale
TOTH PETER
EVP
Shares
—
Value
- SELLOpen market sale
TOTH PETER
EVP
Shares
—
Value
- SELLOpen market sale
VILJOEN NATASCHA
CEO
Shares
—
Value
- BUYStock grant
LEYVA DEBORAH
OFFICER
Shares
1,938
Value
- BUYStock grant
BROOK BRUCE R
DIRECTOR
Shares
—
Value
- BUYStock grant
CONGER HARRY M. IV
DIRECTOR
Shares
—
Value
- BUYStock grant
FITZGERALD EMMA
DIRECTOR
Shares
—
Value
- BUYStock grant
GREGORY H BOYCE
DIRECTOR
Shares
—
Value
- BUYStock grant
LAYMAN SALLY-ANNE
DIRECTOR
Shares
—
Value
- BUYStock grant
MADERO GARZA JOSE MANUEL
DIRECTOR
Shares
—
Value
| Date | Insider | Type | Shares | Price | Value | ||
|---|---|---|---|---|---|---|---|
TOTH PETER | EVP | SELLOpen market sale | — | $114.81 | Open market sale | ||
VILJOEN NATASCHA | CEO | SELLOpen market sale | — | $114.81 | Open market sale | ||
BEAVEN PETER DAVID | DIRECTOR | BUYStock grant | — | Stock grant | |||
TOTH PETER | EVP | SELLOpen market sale | — | $123.00 | Open market sale | ||
VILJOEN NATASCHA | CEO | SELLOpen market sale | — | $123.00 | Open market sale | ||
GREGORY H BOYCE | DIRECTOR | SELLGift | 46,871 | Gift | |||
TABOLT BRIAN | CFO | SELLOpen market sale | 11,445 | $105.09 | $1.2M | Open market sale | |
VILJOEN NATASCHA | CEO | SELLOpen market sale | — | $104.00 | Open market sale | ||
TOTH PETER | EVP | SELLOpen market sale | — | $93.45 | Open market sale | ||
WEXLER PETER | OFFICER | SELLTax withholding | — | $93.47 | Tax withholding | ||
FRY DAVID JAMES | EVP | BUYStock grant | 3,691 | Stock grant | |||
RODGERS MARK C | COO | BUYStock grant | 6,954 | Stock grant | |||
TABOLT BRIAN | CFO | BUYStock grant | 7,275 | Stock grant | |||
THORNTON DAVID JOHN | OFFICER | BUYStock grant | 2,674 | Stock grant | |||
WEXLER PETER | OFFICER | BUYStock grant | 5,349 | Stock grant | |||
TOTH PETER | EVP | SELLOpen market sale | — | $92.38 | Open market sale | ||
TOTH PETER | EVP | SELLOpen market sale | — | $105.32 | Open market sale | ||
VILJOEN NATASCHA | CEO | SELLOpen market sale | — | $105.32 | Open market sale | ||
LEYVA DEBORAH | OFFICER | BUYStock grant | 1,938 | Stock grant | |||
BROOK BRUCE R | DIRECTOR | BUYStock grant | — | Stock grant | |||
CONGER HARRY M. IV | DIRECTOR | BUYStock grant | — | Stock grant | |||
FITZGERALD EMMA | DIRECTOR | BUYStock grant | — | Stock grant | |||
GREGORY H BOYCE | DIRECTOR | BUYStock grant | — | Stock grant | |||
LAYMAN SALLY-ANNE | DIRECTOR | BUYStock grant | — | Stock grant | |||
MADERO GARZA JOSE MANUEL | DIRECTOR | BUYStock grant | — | Stock grant |
Valuation measures
Trailing ratios from reported financials and cached prices.
| Metric | Current | 6/30/2026 | 3/31/2026 | 12/31/2025 | 9/30/2025 | 6/30/2025 |
|---|---|---|---|---|---|---|
| Enterprise Value | $107B | $105B | $121B | $112B | $95B | $69B |
| Trailing P/E | 12.36 | 12.11 | 14.04 | 15.63 | 14.05 | 11.49 |
| Price/Sales | 4.07 | 3.99 | 4.63 | 4.70 | 4.40 | 3.22 |
| Price/Book | 2.90 | 2.84 | 3.29 | 3.13 | 2.69 | 1.93 |
| EV/Revenue | 4.28 | 4.20 | 4.83 | 4.93 | 4.65 | 3.59 |
| EV/EBITDA | 8.10 | 7.95 | 9.15 | 10.19 | 10.55 | 9.26 |
Analyst estimates
Sell-side consensus figures from FMP. Separate from filed company facts above.
Sell-side estimates
Estimates for FY ending Dec 31, 2026 · based on 11 analysts · FMP
Trading at $115.56, target $141.90 (+23%)
All-time avg $102.24 (54 targets)
Ownership from tracked investor filings and public statements. Insider buying from SEC filings (Form 4).