Newmont Corporation (NEM) on Decifer
Decifer ranks NEM number 137 of 270 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.
- and has the balance sheet to fund its growth.
- And it returns cash to shareholders.
- Profits up 124% and momentum of 13 out of 35 are positive, but 12% returns and no funded role give no reason to believe the growth is durable.
The current read
The evidence on NEM lines up on the supportive side: the intelligence feed flags this name as connected to what is moving markets now. The independent signals we track are telling the same story.
Themes
- Gold Bull Cycle: Central bank gold accumulation, fiscal deficit concerns, and monetary debasement fears are driving gold to record highs, expanding miner margins.
Read the full NEM research brief · See all quality rankings
Intelligence data powered by Decifer. Not financial advice. For informational purposes only.