Newmont Corporation ranks in an above-average position in its peer group, with stability as the least supportive dimension. Price action is lagging the structural profile — current market behavior is not yet confirming the structural position.
Peer-relative scores, weakest to strongest
Newmont Corporation is a gold mining company focused on the extraction and production of gold. Its operations are closely tied to global gold price movements.
NEM is priced as a gold-price lever with a cash flow premium. The market assigns a sector-leading valuation to $1.3B in free cash flow (Q1 2026, record), but with 44.7% one-year volatility, the market reprices NEM’s shares sharply with each gold price move. As the largest gold producer, NEM is more exposed to gold price swings than diversified commodity peers—operational metrics are often overshadowed by the market’s heightened sensitivity to gold’s moves. Because revenue is directly tied to gold, a significant gold price drop triggers immediate valuation cuts, regardless of business fundamentals.
Break down NEM's position across all dimensions with the full interactive tool.
This analysis is rule-based and descriptive. Peer-relative scores are derived from functional peer group comparisons using publicly available financial data. Scores reflect structural positioning only and do not constitute investment advice, a buy or sell recommendation, or a forecast of future performance. AssetNext peer scores are recalculated periodically as new data becomes available.
AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.
Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.
Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.
Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.