Loading page content
Rank #1 · NYSE:NEM
Senior Producer · Primary: Gold · Also: Silver
United States · Jurisdictions: United States, Canada, Australia, Ghana, Peru, Mexico
Canonical listing price
$117.84
+1.98%(+2.29 USD)
Updated 10/9/2026, 1:30:00 PM
Price data: Twelve Data
Gold · Senior Producer
vs Gold
1M -2.7 pp·3M +31.5 pp
vs GDX
1M +0.4 pp·3M +4.9 pp
1M vs Gold Miners group: +0.6 pp
Jurisdiction: United States, Canada, Australia, Ghana, Peru, Mexico · Market cap rank-only (licensing)
Close-based returns and relative performance in percentage points vs mapped metal/ETF. Not a buy/sell signal or price target.
Valuation
Current market multiples relative to reported TTM financials. Peer context uses the Mining 50 Gold · Senior Producer group. Not fair value, price targets, or investment advice.
Historical Valuation
Point-in-time multiples at annual filing dates using prices and financials publicly available as of each date. Percentiles and medians use available history only — descriptive context, not fair value or investment advice.
P/FCF
EV/FCF
Historical chart
Each point is a filing-date snapshot — not a continuous daily valuation series.
Filing-date periodic snapshots · 5 observations · price source: Twelve Data
MINING50-HISTORICAL-VALUATION-1.0 · filing-date periodic
Balance Sheet & Capital Allocation
Annual FY trends from certified filing data. Descriptive direction and magnitude only — not a quality score or investment recommendation.
Cash
$9.01B
+$2.82B YoY (+45.7%)
Debt
$5.08B
$-2.05B YoY (-28.7%)
Net Debt
Net Cash: $3.93B
Moved from $947.00M net debt to $3.93B net cash.
Share Count
1.05B
3-year share count change: +32.6% over 3 years
Capex / Revenue
13.4%
Prior year: 18.2%
FCF Conversion
70.6%
Prior year: 46.5%
FCF (FY)
$7.30B
+$4.34B YoY (+146.5%)
Debt Reduction
Total debt declined $2.05B (-28.7%) versus the prior year.
2025-06-30 → 2026-06-30
Cash Build
Cash increased $2.82B (+45.7%) versus the prior year.
2025-06-30 → 2026-06-30
Operating Performance
Annual FY revenue, cash flow, capex, and margins from certified filing data. Descriptive trends only — not a quality score or investment recommendation.
Revenue
$22.67B
+$3.99B YoY (+21.3%)
Operating Cash Flow
$10.33B
+$3.97B YoY (+62.4%)
Free Cash Flow
$7.30B
+$4.34B YoY (+146.5%)
Capex
$3.04B
$-367.00M YoY (-10.8%)
3-year revenue change: +90.3% over 3 years
OCF Margin
45.6%
Prior year: 34.1%
Change: +11.5 pp
FCF Margin
32.2%
Prior year: 15.8%
Change: +16.3 pp
Capex / Revenue
13.4%
Prior year: 18.2%
Revenue Increase
Revenue increased 21.3% versus the prior comparable period.
2024-12-31 → 2025-12-31
Operating Cash Flow Increase
Operating cash flow increased $3.97B (+62.4%) versus the prior comparable period.
2024-12-31 → 2025-12-31
Free Cash Flow Increase
Free cash flow increased $4.34B (+146.5%) versus the prior comparable period.
2024-12-31 → 2025-12-31
OCF Margin Increase
Operating cash flow margin moved from 34.1% to 45.6% (+11.5 pp).
2024-12-31 → 2025-12-31
FCF Margin Increase
Free cash flow margin moved from 15.8% to 32.2% (+16.3 pp).
2024-12-31 → 2025-12-31
Fundamental Changes
Deterministic changes from certified financial metrics. Descriptive only — not a quality score or investment recommendation.
Latest filing period: 3 material changes · 6 balance-sheet
FY2026 · Filed Jul 23, 2026
Debt Reduction
Total debt declined $2.05B (-28.7%) versus the prior year.
Official filing sourceCash Build
Cash increased $2.82B (+45.7%) versus the prior year.
Official filing sourceMoved to Net Cash
The company moved from $947.00M of net debt to $3.93B of net cash.
Official filing sourceFY2026 · Filed Apr 23, 2026
Debt Reduction
Total debt declined $2.43B (-32.3%) versus the prior year.
Official filing sourceCash Build
Cash increased $4.08B (+86.8%) versus the prior year.
Official filing sourceMoved to Net Cash
The company moved from $2.81B of net debt to $3.70B of net cash.
Official filing sourceModules: mtf-trend, momentum, relative-strength · Last calculated: 10/12/2026, 10:40:23 AM
Price data provided by Twelve Data. Charts provided by TradingView. Grey Rabbit Scores and analysis are proprietary to Grey Rabbit Markets.
Gold · Senior Producer · factual only
| Company | Market Cap | Production | AISC | Net Debt / Cash |
|---|---|---|---|---|
| Newmont Corporation(NEM) | $128.20B | 5.26 Moz | $1,358/oz | $2.53B |
| Agnico Eagle Mines Limited(AEM) | — | 3.45 Moz | $1,200/oz | $800.00M |
| AngloGold Ashanti plc(AU) | — | 2.65 Moz | $1,500/oz | $700.00M |
| Barrick Mining Corporation(GOLD) | — | 4.05 Moz | $1,350/oz | $1.20B |
| Gold Fields Limited(GFI) | — | 2.30 Moz | $1,550/oz | $900.00M |
Sorted by market cap then name — not a ranking. Comparable curated fields only.
Multi-period filing history is available on Pro. Latest TTM P&L above is public.
Derived: eligible price × ADR-aware shares · Newmont Corporation · Derived: Debt − Cash · Through 2026-02-19 · Coverage 7/8 key fields · not live filing scrape · Filing-backed TTM P&L from SEC companyfacts (cached — not live scrape)
Periods: As of Feb 12, 2026 · YE 2025 · FY 2026 Guidance · FY 2025 · 2026-06-30
MINING50-MARKETCAP-1.0 · MINING50-NETDEBT-1.0 · MINING50-TTM-1.0 · MINING50-FCF-1.0 · MINING50-FCF-MARGIN-1.0
Grey Rabbit Markets provides independent market research and educational content. Nothing on this website constitutes investment, legal, tax, or financial advice. Past performance does not guarantee future results.