Newmont Corporation

Alpha Score of 64 reflects moderate overall profile with weak momentum, strong value, strong quality, moderate sentiment.

Newmont Corporation is the world's largest gold mining company, engaged in the production and exploration of gold properties, along with copper, silver, zinc, lead, and other metals. Founded in 1916 and headquartered in Denver, Colorado, it operates an extensive portfolio of 11 mines and interests in two joint ventures spanning the Americas, Africa, Australia, and Papua New Guinea. Notable expansions include the acquisitions of Goldcorp in 2019 and Newcrest in 2023, followed by divestitures of higher-cost assets to focus on core operations projected to produce approximately 5.6 million ounces of gold in 2025. Newmont Corporation demonstrates robust financial health, featuring a strong balance sheet with a current ratio of 2.04, low debt-to-equity ratio of 0.17, and an Altman Z-Score of 4.76, alongside impressive profitability metrics like a 43.52% operating margin and 33.42% net margin. With a market capitalization around $130 billion, it holds a prominent position in the Basic Materials sector's Metals & Mining industry, benefiting from global demand for precious metals while maintaining lower volatility indicated by a beta of 0.47.