Newmont Corporation (NEM)
Basic Materials · Gold · Data as of 2026-10-22
Bottom line
NEM is trading at a premium to its history, near its historical support zone, and recent volume shows no clear direction. The picture is mixed, so it may be worth watching rather than acting on. Past patterns are not a guarantee of future results.
Valuation — Expensive against its own asset value (Red)
NEM is in a cyclical industry, where earnings swing with the economy, so we compare its price-to-book of 3.3× with its own typical level (2.0×).
Price zones — Near its historical support zone (Green)
At $114.11, the stock is close to the lower end of its recent range. Over the past year NEM has traded between $76.05 and $135.29; its historical support zone sits near $112.45 and resistance near $121.77. It is above one of its moving averages and below the other — a mixed trend picture.
52-week range $76.05–$135.29 · 50-day average $121.77 · 200-day average $112.45
Money flow — No clear direction (Yellow)
Buying and selling volume in NEM have been fairly balanced recently, with no strong accumulation or distribution pattern. Volume on up days has been about 0.7× volume on down days over the last 30 sessions.
Dividends & company facts
NEM paid $1.03 a share in dividends over the past year — 0.90% of today's price — and raised it once in the last five years. It returned more through buybacks: $2.3 billion in fiscal 2025, about 1.9% of its market value.
- Dividend yield (12 months)
- 0.9%
- Paid over 12 months
- $1.03 a share
- Payout ratio
- 9.0%
- Buybacks
- 1.92% (fiscal 2025)
- Shares, past year
- -4.5%
- Revenue, 12 months
- $20.0B
- Profit, 12 months
- $9.2B
- Employees
- 17,500
- CEO
- Natascha Viljoen
- Headquarters
- Denver, CO
- Listed since
- 1980 · NYSE
About the company
Newmont Corporation is primarily involved in the mining and exploration of gold resources. Additionally, the company undertakes prospecting for other base and precious metals, including copper, silver, zinc, and lead. Its operations and assets are geographically widespread, located across various countries such as the United States, Canada, Mexico, the Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana.
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一句话结论
NEM 相对自身历史处于溢价水平，接近其历史支撑区，近期成交量没有明确方向。整体情况好坏参半，也许更适合先观察，而不是急于行动。过去的形态并不能保证未来的结果。
估值 — 相对自身资产价值偏高
NEM 所在的行业具有周期性，盈利会随经济起伏，因此我们把它 3.3× 的市净率与其自身惯常的水平（2.0×）作比较。
价格区间 — 接近其历史支撑区
目前价格为 $114.11，接近其近期区间的下沿。过去一年 NEM 的价格在 $76.05 到 $135.29 之间波动；其历史支撑区在 $112.45 附近，阻力区在 $121.77 附近。它位于其中一条均线上方、另一条下方——趋势信号并不一致。
资金流向 — 方向不明确
NEM 近期的买卖成交量大致均衡，没有明显的吸筹或派发形态。过去 30 个交易日，上涨日的成交量约为下跌日的 0.7×。
股息与公司概况
NEM 过去一年每股派息 1.03 美元，相当于当前股价的 0.90%，过去五年上调过 1 次。它通过回购返还了更多：2025 财年回购 23.0亿美元，约占市值的 1.9%。
UnderTheLight 用直白的语言解释股票——估值、价格区间与资金流向。它只描述数据，不构成任何投资建议。
UnderTheLight explains stocks in plain English — valuation, price zones and money flow as traffic lights, recomputed nightly. It describes data; it is not investment advice and never recommends a trade.