NEM — Newmont Goldcorp Corp

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates NEM Bullish with a Setup Score of 22, net conviction 40, actionability 12. How the Setup Score works →

Total Setup Score22
Directional BiasBullish
Net Conviction40
Actionability12 (in range)

Key signals behind this score

About Newmont Goldcorp Corp

Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals. It has operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. The company was founded in 1916 and is headquartered in Denver, Colorado.… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$117.84
Market Cap$121.75B
Float1.05B
Shares Outstanding1.05B
P/E (Forward)11.63
P/E (TTM)14.57
Price/Sales (TTM)4.73
vs. Analyst Target+16.5% to analyst PT
Profit Margin33.36%
Operating Margin (TTM)51.57%
Revenue (TTM)$25.77B
Earnings Growth (YoY)11.40%
Dividend Rate1.0%
Analyst Target Price$137.33 (23 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $11.42B $2.83B $3.55B $6.10B
2021 $12.19B $1.17B $2.38B $5.54B
2022 $11.95B -$459M $2.14B $3.28B
2023 $11.78B -$2.52B $1.17B $1.86B
2024 $18.56B $3.35B $6.42B $7.87B
2025 $22.10B $7.08B $11.00B $14.83B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $5.38B $1.83B
Dec 2025 $6.57B $1.30B
Mar 2026 $7.18B $3.26B
Jun 2026 $3.45B $2.20B

Ownership & Float

Insider Ownership0.3%
Institutional Ownership81.5%
Short Float1.6%
% of All Funds Holding20.10%
Number of Funds Holding1,768

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$122.34Near-term / short-term trend
Weekly40-Week SMA$112.32Medium-term trend
Weekly80-Week SMA$92.12Cyclical trend (business cycle)
Weekly200-Week SMA$62.77Secular trend (multi-year)
Monthly10-Month SMA$111.78Near-term monthly trend
Monthly20-Month SMA$91.11Medium-term monthly trend
Monthly40-Month SMA$66.32Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$131.00 resistance 1.17x 6 months ago
$75.00 support 1.09x 12 months ago
$44.00 support 1.19x 18 months ago

Historical Earnings Reactions (122 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.13% -0.03% 48.36% 7.03% -11.75%
1 Day -0.11% -0.11% 46.72% 9.24% -14.70%
1 Week 0.75% 1.06% 57.38% 14.05% -21.30%
2 Weeks 1.34% 1.35% 55.74% 25.48% -27.82%
1 Month 2.11% 2.07% 59.84% 42.67% -32.61%

Next earnings: October 22, 2026 (10 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan1.8%45.7%46
Feb1.9%58.7%46
Mar1.5%58.7%46
Apr1.8%53.2%47
May1.1%53.2%47
Jun-0.4%44.7%47
Jul0.6%53.2%47
Aug3.9%66.0%47
Sep0.7%44.7%47
Oct-3.8%32.6%46
Nov1.8%58.7%46
Dec1.6%50.0%46

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.08% 45.9% 2218
Tuesday 0.04% 47.4% 2407
Wednesday 0.09% 48.5% 2405
Thursday 0.11% 48.3% 2359
Friday 0.10% 48.9% 2343

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 81.5%

Insider Transactions — Smart Summary

Total insider ownership: 0.3%

12-Month Insider Activity Summary

Total Filings25
Net Value-$14.2M
Net Shares Change-130,179
% of Float-0.0%
C-Suite Filings23
Clusters Detected2

Key Insiders

NameTitleNet ValueFilingsActivity
Wexler Peter EVP, CLO & Interim CFO -$2.6M 1 N/A
Fry David James Group Head Projects & Studies -$2.1M 1 1 sell
Viljoen Natascha President & CEO -$1.3M 2 N/A
Tabolt Brian Chief Financial Officer -$1.2M 1 1 sell
Toth Peter EVP, Chief Sustain & Dev Off -$993,780 3 N/A
Thornton David John MD, Americas -$447,048.61 1 N/A
Palmer Thomas Ronald CEO -$406,700 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-05-04 – 2026-05-04 3 3 -$3.4M 3 C-suite
2026-08-05 – 2026-08-07 3 3 -$2.3M 3 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-08-07 Tabolt Brian Chief Financial Officer -$1.2M Transaction at $105.09, now +12.1%
2026-03-18 Fry David James Group Head Projects & Studies -$2.1M Transaction at $111.45, now +5.7%
2025-11-05 Palmer Thomas Ronald CEO -$406,700 Transaction at $81.34, now +44.9%
2026-10-02 Toth Peter EVP, Chief Sustain & Dev Off -$344,430 Transaction at $114.81, now +2.6%
2026-05-04 Wexler Peter EVP, CLO & Interim CFO -$2.6M Transaction at $108.86, now +8.2%
2026-09-03 Toth Peter EVP, Chief Sustain & Dev Off -$369,000 Transaction at $123.00, now -4.2%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Newmont Goldcorp Corp (NEM) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for NEM on Trend Edge →