Newmont Corporation (NEM)

Newmont Corp.'s stock has increased by 53.41% in the past six months, with a share price of $56.76 as of June 27, 2025. UBS upgraded its outlook for Newmont from Neutral to Buy on April 11, 2025. The company's earnings for the last quarter were $1.25 per share, surpassing the estimation of $0.92. Revenue for the last quarter was $5.01 billion, exceeding the estimated $4.70 billion. Newmont announced a dividend distribution of $0.25 per share for the financial period ended March 31, 2025. In May 2025, Natascha Viljoen was promoted to President and Chief Operating Officer.

The demand seasonality for gold is driven by global investment demand rather than mined supply. Gold exhibits strong seasonality with rallies in autumn, winter, and spring, fueled by income-cycle and cultural drivers. The strongest rally occurs between late October and late February, driven by holiday jewelry buying and new-year investment demand. November is historically one of gold's best months due to holiday spending. The spring rally is generally the weakest, but gold stocks often outperform relative to the metal during these months.

Newmont Corporation is an American gold mining company and the world's largest gold producer. It operates within the Basic Materials sector, focusing on gold production and exploration, with a diversified mineral portfolio including copper, silver, zinc, and lead.

Newmont Corporation has a significant global presence with operations and assets in North America, South America, Australia, Africa, and Papua New Guinea. Key projects and mines are located in the USA, Canada, Mexico, Peru, Suriname, Argentina, Chile, Dominican Republic, Australia, Ghana, and Papua New Guinea.

Newmont is recognized for its ESG practices and commitment to environmental stewardship, being the only gold producer listed in the S&P 500 Index. No negative events impacting its brand reputation were found in the past year.

Newmont Corporation's ownership is primarily institutional, holding approximately 70.50% to 74%. Retail investors account for about 26% to 37.19%, while insiders own under 1%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Vanguard Group Inc. is the largest individual shareholder, holding 135.09 million shares, representing 12.14% of the company.