Headquartered in Denver, CO·Fiscal year ends December·NYSE: NEM·newmont.com
About Newmont
Newmont Corporation is the world's largest gold mining company and the only gold producer listed in the S&P 500 Index. The company produces gold as its primary commodity alongside significant co-product output of copper, silver, lead, zinc, and molybdenum. Newmont operates a diversified portfolio of mines and projects across multiple continents including Australia (Cadia, Boddington, Tanami, Lihir), Africa (Ahafo South, Ahafo North in Ghana), the Americas (Peñasquito and Cerro Negro in Latin America, Brucejack and Red Chris in Canada, Merian in Suriname), and through joint ventures including Nevada Gold Mines (38.5% interest with Barrick Gold), Pueblo Viejo (40% interest in Dominican Republic), and a 32% interest in Lundin Gold's Fruta del Norte mine in Ecuador. Founded in 1921 and publicly traded since 1925, Newmont is listed on the NYSE, ASX, and PNGX. The company follows a consistent capital allocation framework prioritizing sustaining capital investment, a sustainable annual dividend of approximately $1.1 billion, disciplined development capital reinvestment in high-return projects, balance sheet optimization with a $1 billion net cash target, and ratable share repurchases under a $6 billion authorization. Updated
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Newmont Corporation is the world's largest gold mining company and the only gold producer listed in the S&P 500 Index. The company produces gold as its primary commodity alongside significant co-product output of copper, silver, lead, zinc, and molybdenum.
What is the NEM stock price target?
24/7 Wall St.'s 12-month price target for NEM is $149.59, rated Buy. The Wall Street consensus target is $137.74. NEM price prediction →