
Newmont Mining (NEM) Stock Forecast & Price Target
Newmont Mining (NEM) Analyst Ratings
Bulls say
Newmont's strategic acquisitions, including Goldcorp and Newcrest, bolster its position as the largest gold miner, enhancing its diverse portfolio with 11 mines and interests in two joint ventures across multiple continents. The company is projected to sell approximately 5.6 million ounces of gold in 2025 from its core mines, following the divestiture of smaller, higher-cost operations, while maintaining robust reserves that extend for about two decades. Additionally, increasing forecasts for gold prices, anticipated to climb above $4,000 per ounce by the second half of 2026, coupled with sustained free cash flow attributed to higher production, contribute positively to Newmont's financial outlook.
Bears say
The financial outlook for Newmont is negatively impacted by the recent underperformance of its shares compared to peers, despite strategic acquisitions and operational adjustments underway. Additionally, there exists a downside scenario that projects a significant price of US$41 per share, which is predicated on lower long-term gold prices projected at US$2,500 per ounce while keeping current operational and financial assumptions consistent. Overall, these factors suggest potential vulnerabilities in Newmont's long-term valuation amidst a challenging gold market environment.
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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