Newmont Corp Chess Depository Interest NEMCL

Morningstar Rating
$128.00 +11.00 (9.40%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NEMCL is trading at a LOCK|$&F?rT premium.
Price
$128.00
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

Trading Information

Previous Close Price
$117.00
Day Range
$128.00–128.00
52-Week Range
$80.00–128.00
Bid/Ask
$10.00 / $85.00
Shares Outstanding
1.05B
Market Cap
$136.65B
Volume/Avg
1,800 / 1,202

Key Statistics

Price/Earnings (Normalized)
13.86
Price/Sales
5.41
Dividend Yield (Trailing)
0.80%
Dividend Yield (Forward)
0.81%
Dividend Payment Schedule
Mar, Jun, Sep, Dec
Total Yield
4.42%

Company Profile

Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 11 mines and interests in two joint ventures in the Americas, Africa, Australia, and Papua New Guinea. The company is expected to sell roughly 5.3 million ounces of gold in 2026 from its continuing mines after selling six higher-cost, smaller mines following the Newcrest acquisition. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves, along with significant byproduct reserves at the end of December 2025.
Sector
Basic Materials
Industry
Gold
Stock Style Box
Large Value
Total Number of Employees
17,500

Competitors

Valuation

Metric
NEMCL
AEM
B
Price/Earnings (Normalized)
13.8615.9411.73
Price/Book Value
3.853.222.42
Price/Sales
5.416.253.27
Price/Cash Flow
10.6011.626.83
Price/Earnings
NEMCL
AEM
B

Financial Strength

Metric
NEMCL
AEM
B
Quick Ratio
1.951.902.12
Current Ratio
2.552.863.01
Interest Coverage
83.04565.2241.26
Quick Ratio
NEMCL
AEM
B

Profitability

Metric
NEMCL
AEM
B
Return on Assets (Normalized)
17.78%16.54%15.61%
Return on Equity (Normalized)
29.63%22.76%30.01%
Return on Invested Capital (Normalized)
24.87%22.01%20.10%
Return on Assets
NEMCL
AEM
B

Gold Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Newmont Corp
NEM
LOCK|vT$bH%LOCK|^r&$122B
Zijin Mining Group Co Ltd ADR
ZIJMY
—LOCK|@JS&$116B
Zijin Mining Group Co Ltd Class H
ZIJMF
—LOCK|mM%>$116B
Agnico Eagle Mines Ltd
AEM
LOCK|K%bcS>QLOCK|@GB$93B
Barrick Mining Corp
B
LOCK|wlb#zN@LOCK|V?P$66B
Wheaton Precious Metals Corp
WPM
LOCK|hz><RfrLOCK|G>$$62B
Anglogold Ashanti PLC
AU
—LOCK|!>!!$48B
Franco-Nevada Corp
FNV
—LOCK|Db$46B
Kinross Gold Corp
KGC
LOCK|>c%#!j@LOCK|jm$29B

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