
Newmont Mining (NEM) Stock Forecast & Price Target
Newmont Mining (NEM) Analyst Ratings
Bulls say
Newmont, the world’s largest gold miner, is positioned for a positive outlook due to its extensive portfolio, which includes 11 mines and interests in joint ventures across multiple continents, ensuring diversified revenue streams. The company is expected to sell approximately 5.6 million ounces of gold from its core operations in 2025, while also benefiting from lower costs after divesting six higher-cost mines following its recent acquisition of Newcrest. Additionally, Newmont has a robust reserve base, with about two decades of gold reserves and substantial byproduct reserves, which further underpins its financial strength and potential for sustained free cash flow.
Bears say
The financial analysis indicates that Newmont's shares have underperformed relative to peers, which raises concerns about its market competitiveness. The company's downside scenario is projected at US$41, predicated on expectations of declining long-term gold prices at US$2,500 per ounce, while also maintaining current operating and financial assumptions. Despite owning extensive reserves, including a robust portfolio of byproducts, the potential for reduced gold prices may adversely impact Newmont's revenue and overall financial health.
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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