Professional
Added to YB: 2025-10-10
Pitch date: 2025-10-08
NEM [neutral]
Newmont Corporation
+12.92%
current return
Author Info
No bio for this author
Company Info
Newmont Corporation engages in the production and exploration of gold properties. It also explores for copper, silver, zinc, lead, and other metals.
Market Cap
$106.9B
Pitch Price
$88.28
Price Target
N/A
Dividend
1.02%
EV/EBITDA
8.09
P/E
15.26
EV/Sales
4.96
Sector
Metals and Mining
Category
growth
Devon Alpha Fund Portfolio Holding: Newmont Corporation
NEM (holding update): Best monthly performer on 12% gold rally to record US$3,800/oz driven by USD weakness, rate cut expectations, central bank buying, geopolitical tensions. Silver +47%, copper +10% over 12mo. Q3 results in Oct - focus on production guidance, cash flow & potential buybacks given robust gold price & strong FCF generation.
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