DailyIQ
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Sector:Basic MaterialsAll sectors
Last updated 5 minutes ago

NEM·Newmont Corporation

$.
+. (+.%)
After Hours
High
$113.90
Open
$110.52
Market Cap
119.05B
52W High
$134.88
Low
$106.59
P. Close
$112.98
P/E
13.85
52W Low
$67.11
Fwd P/E
10.69
DailyIQ Est.
-
Technical Score (1D)
82
BUY
News Sentiment
52
MIXED
Newmont’s CEO, Natascha Viljoen, sold 7,764 shares worth $807,456, cutting her stake to 135,235 shares, as disclosed in a Form 4 filing 11.3 hours ago. The sale reduces the company’s top‑level ownership and may signal that management believes the shares are overvalued or that she needs liquidity for personal reasons. Because insider sales can influence short‑term sentiment, traders should interpret this move as a potential signal that the company’s valuation may be high relative to its fundamentals. The immediate market implication is a possible uptick in volatility as investors reassess the company’s risk profile over the next 1–10 trading days. Watch for any subsequent insider filings that could confirm a broader divestiture trend or a one‑off transaction. Also keep an eye on Newmont’s upcoming earnings release, as the sale could be timed to coincide with guidance that may either support or undermine the current share price. Additionally, monitor any regulatory or commodity‑price news that could affect the company’s operating environment, as these factors may amplify the impact of the insider sale. Finally, observe market reactions to other large shareholders’ activity, as a cluster of sales could reinforce a bearish narrative.
Earnings Summary
Newmont Corporation is a global gold producer that also explores for copper, silver, and zinc across North and South America, Australia, and other regions, positioning itself as a diversified metals company. In Q2 2026, the company reported earnings per share of $2.10 versus an estimate of $1.98116, a beat, and revenue of $6.118 billion against a $6.470 billion estimate, marking the first revenue miss in the series; the preceding quarter, Q1 2026, delivered a $2.90 EPS beat over a $2.2361 estimate and revenue of $7.307 billion versus a $6.915 billion estimate, continuing a pattern of revenue growth from $5.652 billion in Q4 2024 to $7.307 billion in Q1 2026 and consistent EPS beats in all eight quarters reported. Historically, Newmont has shown a steady upward trajectory in both revenue and earnings, with EPS beats in every quarter and revenue growth in most periods, although the Q2 2026 revenue dip reflects a temporary slowdown that may be linked to commodity price fluctuations or operational disruptions. Recent news indicates heightened institutional options activity and a bullish analyst stance, with Barclays maintaining an overweight rating but trimming its price target to $124, while the company’s strategic partnership with Awale Resources injects capital into a Côte d’Ivoire project that could expand its exploration footprint; investors should watch for guidance on capital allocation and updates on Cadia operations, as these will influence future revenue and cash flow. Forward‑looking watch points include monitoring the upcoming earnings call for guidance on capital spending, any changes in Cadia mine operations, shifts in implied volatility, and the impact of gold price movements on Newmont’s margins, as these factors will be key to assessing the company’s near‑term earnings trajectory.

EPS

EstBeatMiss
$0.90$1.47$2.03$2.60$3.16Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$2.08 - -
Q2'26$1.98$2.10+6.0%
Q1'26$2.24$2.90+29.7%
Q4'25$1.99$2.52+26.6%
Q3'25$1.44$1.71+18.8%
Q2'25$1.16$1.43+22.9%

Revenue

EstBeatMiss
$5.0B$5.7B$6.3B$7.0B$7.6BQ2'25Q3'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$6.2B - -
Q2'26$6.5B$6.1B-5.4%
Q1'26$6.9B$7.3B+5.7%
Q4'25$6.2B$6.8B+9.9%
Q3'25 - $5.5B -
Q2'25 - $5.3B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

NEM Stock Snapshot

NEM is currently trading at $113.80, giving Newmont Corporation a market cap of 119.05B and a P/E ratio of 13.8. Today's range spans $106.59–$113.90, with shares opening at $110.52 and moving up $0.82 (0.7%) from the prior close. DailyIQ's technical score sits at 82/100 (BUY) with a news sentiment reading of 52/100.

Over the past year NEM has traded between $67.11 and $134.88 - the current price is +69.6% off the 52-week low and -15.6% from the high.

The BUY technical setup for NEM (82/100) is worth attention in the context of the broader Basic Materials sector. At $113.80 (in the upper portion of its 52-week range), with 119.05B in capitalization and neutral sentiment at 52/100 The current P/E ratio stands at 13.8., this large-cap name sits at the intersection where momentum strategies and fundamental growth investors both find something to like. Annual range: $67.11–$134.88.

Earnings revision cycles in large-cap Basic Materials names tend to compound: when technicals confirm a BUY thesis (82/100) and news sentiment (52/100, neutral) supports the narrative, analyst upgrades follow price rather than lead it. At $113.80 (in the upper portion of its 52-week range), NEM's position within the $67.11–$134.88 annual range suggests there's room for multiple expansion before the stock encounters meaningful technical resistance.

Recent News Coverage

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