Newmont Corporation (NEM) on Decifer

Decifer ranks NEM number 254 of 277 tracked names on durable business quality.

Why it ranks here

• It earns solid returns on the money it puts to work, around 12% and those returns have been improving and it turns most of its profit into real cash.
• Revenue is growing about 19% a year and profits grew 124% over the past year.
• It keeps a high share of every sale as profit, with profitability widening as it grows.
• It is riding an active market tailwind and has the balance sheet to fund its growth.
• And it returns cash to shareholders.
• Profits up 124% on revenue growing about 19% shows the cycle working for it, but returns near 12%, momentum of 1 out of 35, and no worldview catalyst keep it in the middle.

The current read

The evidence on NEM lines up on the supportive side: a live market force supports this name through its theme connection. The independent signals we track are telling the same story.

Themes

• Gold & Precious Metals: Newmont is the world's largest gold miner. Higher gold prices directly amplify earnings due to fixed-cost leverage in mining operations.

Read the full NEM research brief · See all quality rankings

Intelligence data powered by Decifer. Not financial advice. For informational purposes only.