NEM Newmont Corporation
Trend channel, buy level and 3-month target. Information only, not financial advice.
Above the channel · 12-month channel rising
Closed above resistance (US$101.55). The fitted trend may no longer apply.
- 12-month channel
- US$84.35 – US$101.38 · rising, +19% a year
- Price in channel
- 129% (0% = floor, 100% = ceiling)
- Ceiling overhead
- none — above both ceilings
- Turns bearish below
- US$84.42
Price history, with the path projected 3 months forward
Updated 7:05 PM ET (65 h ago)
- Daily close
- Upper trend line (12 months)
- Lower trend line (12 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call: price has closed 10.1% clear above the channel, so the fitted lines no longer describe where it is Levels below are for reference only.
Buy at or below
US$84.35
level as at 1 Nov 2026
Our target
US$101.36
by 2 Nov 2026
Projected move
20.2%
gross, before costs
Price is at or past our target.
- Upper line touches
- 3
- Lower line touches
- 3
- Fit confidence
- 66%
- Fitted
- 1 Nov 2026
Company information
About Newmont Corporation
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. As of the close of 2021 (December 31st), Newmont reported substantial proven and probable gold reserves, totaling 92.8 million ounces, and managed a vast land portfolio covering 62,800 square kilometers. Founded in 1916, the company's corporate headquarters are situated in Denver, Colorado.
- Sector
- Basic Materials
- Industry
- Gold
- CEO
- Natascha Viljoen
- Employees
- 17,500
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$134.97B
- Enterprise value
- —
- Beta
- 0.54
- Avg volume
- 7.95M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 75.22-135.29
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.