Newmont Corporation (NEM) Monthly Stock Report - January 2026

Company Overview

Newmont Corporation, headquartered in Denver, Colorado, stands as a titan in the gold industry. Founded in 1916, Newmont is primarily engaged in the production and exploration of gold properties, thereby establishing a prominent position in the basic materials sector. The company also extends its operational scope to explore additional metals, including copper, silver, zinc, and lead. With a global footprint that includes significant operations in the United States, Canada, Mexico, and Ghana, Newmont boasts a comprehensive portfolio of mining assets that cater to the growing demand for precious metals.

The gold sector is currently witnessing a bullish outlook, with analysts recommending Newmont as a "buy" due to anticipated price appreciation. The total revenue for this sector is approximately $21.5 billion, highlighting gold's resilience and attractiveness in the present market landscape. For investors seeking stability and growth opportunities, Newmont's impressive trajectory makes it a compelling consideration for diversification.

52-Week Price Performance Analysis

52-Week Price Performance Chart

Analyzing the 52-week stock price chart for Newmont Corporation (NEM), a robust bullish trend emerges. The stock price has ascended steadily from a base near $40 at the start of the year, culminating in a closing price around $100, marking an extraordinary 166.45% increase. This upward momentum is reinforced by the stock's consistent positioning above a rising moving average, which functions as a dynamic support level throughout the year.

Technical Insights

• Current Price: $99.85
• 52-Week High: $106.34
• 52-Week Low: $37.68
• Fifty-Day Moving Average: $90.63

Key support and resistance levels are crucial for traders. The notable support at $60, where the price has stabilized several times, reinforces investor confidence. On the other hand, a psychological resistance level can be found near $100, at which point the stock temporarily paused its upward movement.

Recently, Newmont has exhibited a consolidation phase near the $100 threshold, suggesting a significant potential for a breakout. Traders are advised to watch for increased trading volume corresponding with any breakout above this level, which would further affirm the bullish trend.

Financial Performance and Metrics

Newmont Corporation's financial standing reflects a robust operational backbone. The company reported a total revenue of about $21.5 billion, emphasizing its strong revenue generation capabilities. Notably, Newmont achieved an EBITDA of approximately $12.25 billion, showcasing operational efficiency and the capability to generate profits from its core mining activities.

Key Financial Metrics

• Total Shares Outstanding: 1,091,262,981
• Float Shares: 1,088,905,853
• Shares Shorted: 19,826,351 (representing 2.39% of float shares)

The price performance indicates a favorable upside potential, with a target high price set at $133.00 and a target mean price approximating $109.50. The average target provides investors with a calculated opportunity for substantial returns should the price target be approached.

Recent News and Developments

Newmont Corporation has been in the limelight recently due to notable developments and announcements that have influenced its stock performance:

• The stock touched an all-time high of $102.13 on December 19, 2025, reflecting a 166.64% increase over the past year.
• The company reported record free cash flows exceeding $1 billion for four consecutive quarters, including $1.6 billion in Q3 2025, emphasizing a strong financial foundation.
• Analysts from Jefferies and UBS have raised their price targets to $120 and $125, respectively. This reflects optimism regarding continued growth amid favorable gold prices.
• Strategic divestitures led to gross proceeds of approximately $4.3 billion, as Newmont sold operations like Musselwhite and Eleonore to streamline operations.
• The company achieved significant milestones with the onset of commercial production at its Ahafo North project in Ghana, expected to yield 275,000-325,000 ounces of gold annually over 13 years.
• Newmont announced a voluntary delisting from the Toronto Stock Exchange to optimize administrative performance and reduce costs.
• In a leadership transition, CEO Tom Palmer announced his retirement, with Natascha Viljoen appointed as his successor, marking a historic moment as the company's first female CEO.

Market Sentiment and Analyst Recommendations

The prevailing market sentiment surrounding Newmont Corporation is overwhelmingly positive. Analysts have historically provided a strong consensus recommendation to buy, reflected in an average recommendation mean of 1.67, based on evaluations from 20 professional analysts. The confidence in Newmont's future performance is substantiated by the company's commendable financial metrics and strategic maneuvers.

Price Targets Summary

• Target High Price: $133.00
• Target Mean Price: $109.50
• Target Low Price: $62.00
• Price Current: $99.85

In summation, as the gold sector evolves, Newmont Corporation's impressive financial performance, strategic developments, and market recommendations underline its potential as a valuable asset in investors' portfolios. The indicators suggest a favorable environment for investment, albeit with monitoring of market conditions essential to maximize gains.

Investors should consider both the opportunities presented by Newmont and the inherent risks that may arise from market fluctuations. The company exhibits strong potential for growth, making it a pivotal subject for retail investors looking to capitalize on the dynamic landscape of the gold industry.