Newmont Corp (NEM) stock price forecast predicts $64.5 value

A share price of Newmont Corp [NEM] is currently trading at $54.61, up 2.96%. An important factor to consider is whether the stock is rising or falling in short-term value. The NEM shares have gain 3.12% over the last week, with a monthly amount glided 23.61%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, UBS upgraded its rating to Buy on April 11, 2025. On January 13, 2025, Goldman initiated with a Buy rating and assigned a price target of $47.20 on the stock. CLSA started tracking the stock assigning a Underperform rating. JP Morgan upgraded its rating to a Overweight. UBS downgraded its rating to Neutral for this stock on October 30, 2024, and downed its price target to $54. In a note dated October 28, 2024, CIBC downgraded an Neutral rating on this stock.

Newmont Corp experienced fluctuations in its stock price throughout the past year between $36.86 and $58.72. Currently, Wall Street analysts expect the stock to reach $64.5 within the next 12 months. Newmont Corp [NYSE: NEM] shares were valued at $54.61 at the most recent close of the market. An investor can expect a potential return of 18.11% based on the average NEM price forecast.

Analyzing the NEM fundamentals

Trailing Twelve Months sales for Newmont Corp [NYSE:NEM] were 19.51B which represents 21.74% growth. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.35%, Pretax Profit Margin comes in at 0.34%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.17 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.26.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 53.66 points at the first support level, and at 52.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.15, and for the 2nd resistance point, it is at 55.69.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Newmont Corp [NYSE:NEM] is 1.98. On the other hand, the Quick Ratio is 1.56, and the Cash Ratio is 0.87. Considering the valuation of this stock, the price to sales ratio is 3.12, the price to book ratio is 1.96 and price to earnings (TTM) ratio is 12.26.

Transactions by insiders

Recent insider trading involved Brook Bruce R, Director, that happened on May 01 ’25 when 2077.0 shares were sold. EVP, Chief Sustain & Dev Off, Toth Peter completed a deal on May 01 ’25 to sell 3000.0 shares. Meanwhile, Officer Toth Peter bought 3000.0 shares on May 01 ’25.

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