Newmont Corporation draws cautious analyst attention, shares trade below consensus targets
24.06.2026 - 11:09:15 | ad-hoc-news.de
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-24, 11:03.
Newmont Corporation (US6516391066) stays in analyst focus this week as the gold producer trades on the NYSE and in Sydney at a marked discount to several consensus valuation markers. Analyst data on the ASX-line show a Buy rating with an average 12-month price target above the current level, according to Investing.com.
What analysts currently project
For the Newmont DRC line in Sydney, ten analysts compile a consensus Buy rating, with nine Buy recommendations, one Sell and no Hold, as collated by Investing.com. The average 12-month price target sits at 192.71 Australian dollars, with a high estimate of 225.71 AUD and a low estimate of 102 AUD. The upside potential versus the latest price is cited at around 39 percent in this consensus snapshot.
On the U.S. listing under the NEM ticker on the NYSE, independent valuation work from Simply Wall St highlights a current share price of about 97.84 U.S. dollars as of the latest close, set against a discounted cash flow based intrinsic value that implies a mid-double-digit percentage discount. The same analysis points to a price-to-earnings multiple of roughly 12.3 times, which they describe as lower than a broad metals and mining peer average. While methodology and inputs can differ, these external views frame the debate for retail investors looking at large-cap gold miners like Newmont or Barrick Gold.
How the shares have been trading
Recent price performance on the NYSE shows that Newmont shares have given back ground in the short term while still posting robust longer-term gains. Simply Wall St notes a decline of about 9 percent over the past week and approximately 9.1 percent over the last month at the time of its analysis, compared with a gain of 70.2 percent over the past year. The same data set cites an increase of 146.2 percent over three years and roughly 80.7 percent over five years, underscoring the strong leverage that Newmont shares have historically shown to gold-price cycles and mine portfolio developments.
MarketBeat data for the NYSE listing list a previous closing price of 97.71 dollars on 2026-06-23, with after-hours trading indicating quotes around the mid-90s. Day ranges have recently fluctuated between roughly 97.20 and 99.22 dollars, highlighting moderate short-term volatility for a mega-cap materials stock. Against this backdrop, analyst valuation discussions and sector comparisons with peers such as Barrick Gold or Agnico Eagle remain a key input for many investors in the gold equity space.
Background and price data on Newmont Corporation
Further updates, ad-hoc releases and chart data on the Newmont shares are bundled in the dedicated topic section and on the company’s own investor-relations pages.
Where Newmont earns its money
Newmont generates its revenue primarily from the exploration, development and production of gold, supplemented by exposure to copper and other by-products from a global portfolio of mines. The company operates large-scale assets in North America, South America, Australia and Africa, selling mined metal into international markets and often hedging selectively through structured contracts.
Where the stock trades today
The Newmont Corporation shares (US6516391066) last traded on the NYSE on 2026-06-23 at 97.71 U.S. dollars at the regular close, with an after-hours indication around 96.28 dollars, according to MarketBeat data.
Key data on the Newmont Corporation shares
- Company: Newmont Corporation
- ISIN: US6516391066
- WKN: 853823
- Ticker: NEM
- Trading venue: NYSE
- Price (as of 2026-06-23, 21:58): 97.71 USD
- Market cap: 85.0 billion USD (as of 2026-06-23)
- Sector / industry: Materials / Gold mining
- Index membership: S&P 500
- Next earnings date: not officially scheduled
This article is for informational purposes only and does not constitute investment advice, investment recommendation or an invitation to buy or sell securities. Figures and assessments are based on publicly available sources as cited and may change without notice.
