Newmont Corporation (NEM)

Newmont Corporation's shares have rallied 39.2% over the past six months, outperforming the Zacks Mining – Gold industry and the S&P 500. This rally is attributed to rising gold prices, the acquisition of Newcrest Mining Limited, and the divestment of non-core assets. Newmont has strong financial health and cash flow, delivering $1 billion to shareholders through dividends and share repurchases and reducing debt by $1 billion since the beginning of 2025. Analyst upgrades and strong Q1 2025 results have also positively impacted the stock. The company suffered the tragic loss of five colleagues over a 12-month period, leading to a review and refresh of key safety programs.

The demand for Newmont Corp.'s primary products, particularly gold, is generally not subject to significant seasonality. Gold demand is influenced more by global economic conditions, geopolitical uncertainties, inflation expectations, and central bank policies. Newmont's production can have some seasonality due to operational factors, with attributable production expected to be 48% in H1 2025 and 52% in H2 2025. The company's diverse global footprint may also help to mitigate some regional seasonal impacts on overall production.

Newmont Corporation is the world's largest gold producer, headquartered in Greenwood Village, Colorado. It operates in the basic materials sector, focusing on gold and silver, but also produces copper, silver, zinc, and lead. Newmont has 17 wholly or majority-owned mines and interests in two joint ventures, and is committed to sustainable mining practices.

Newmont Corporation has a significant global presence with operations and assets spanning across multiple continents. Its geographic footprint includes North America (United States, Canada, Mexico, and the Dominican Republic), South America (Peru, Suriname, Argentina, and Chile), Australia (Boddington mine, Tanami, and Cadia), Africa (Ghana), and Papua New Guinea (Lihir). Newmont's operations are anchored in favorable mining jurisdictions globally.

Newmont Corporation is recognized for its principled environmental, social, and governance (ESG) practices and commitment to sustainable mining. The company experienced the tragic loss of five colleagues over a 12-month period, which is an unacceptable outcome and has led to a review and refresh of key safety programs across its global business. The successful acquisition of Newcrest in November 2023 enhanced Newmont's reputation as a dominant player. The strategic divestment of non-core assets demonstrates the company's focus on optimizing its portfolio. Newmont actively promotes its sustainability efforts, contributing positively to its brand reputation.

Newmont Corporation's ownership is primarily institutional, with institutions holding approximately 70.50% to 78% of the company's stock. The Vanguard Group Inc. is the largest institutional shareholder, owning approximately 12.14% of the company's shares. Retail investors own a substantial portion, approximately 28.98% to 49.20% of the company. Individual insiders hold a smaller percentage, around 0.10% to 0.52%.