Gold Price Leverage, Premium Volatility
NEM trades as a gold-price lever with a premium for cash flow. The stock’s 44.7% volatility means every gold move hits the share price hard. $1.3B in free cash flow is strong, but the market punishes any weakness fast. Gold drops, NEM drops.
Published by AssetNext · 2026-04-26
| Date | Signal | Peer score | Drawdown | 21d vs sector |
|---|---|---|---|---|
| 2026-07-22 | Quality under pressure | 79 | -27.1% | -11.5% |
| 2026-07-16 | Quality under pressure | 79 | -30.9% | -22.4% |
Break down NEM's structural position across all peer dimensions with the interactive app.