
Newmont Mining (NEM) Stock Forecast & Price Target
Newmont Mining (NEM) Analyst Ratings
Bulls say
Newmont, the world's largest gold miner, has strengthened its portfolio through strategic acquisitions including Goldcorp in 2019 and Newcrest in November 2023, positioning itself for robust production capabilities. The company is projected to produce approximately 5.6 million ounces of gold in 2025 from its core mines and has reserves that extend for about two decades, contributing to sustained free cash flow. Expectations of rising gold prices, with forecasts indicating potential increases to over $4,000 per ounce by late 2026, further enhance the company's financial outlook.
Bears say
Newmont's stock has underperformed compared to its peers, raising concerns about its market position and potential for recovery. The company's downside scenario estimates indicate a significant vulnerability, projecting a valuation of approximately US$41 per share based on lower long-term gold prices of US$2,500 per ounce, while assuming current operational and financial metrics remain constant. Such projections reflect an underlying uncertainty regarding gold price stability and the implications for Newmont's overall profitability and strategic growth following its recent acquisitions.
This aggregate rating is based on analysts' research of Newmont Mining and is not a guaranteed prediction by Public.com or investment advice.
Newmont Mining (NEM) Analyst Forecast & Price Prediction
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