See Graham's ranking
5.0
Newmont Corp. operates in the basic materials sector, within the mining industry, and is one of the world’s largest gold producers. The company also engages in the extraction of copper, silver, zinc and lead.
Founded in 1921 by William Boyce Thompson in the United States, Newmont was created to support the expansion of global mining activities and the development of large-scale resource exploration.
The company manages a diversified portfolio of mines, development projects and exploration operations, focusing on high-quality, long-life assets. Its products serve industries such as jewelry, technology, manufacturing, industrial production and financial investment.
Newmont has a global presence with operations and projects across North America, South America, Africa, Australia and the Caribbean. Key markets include the United States, Canada, Mexico, Peru, Argentina, Suriname, Ghana and Australia.
The mining sector is influenced by factors such as global metal prices, production costs, regulatory requirements, government policies and geological conditions. Newmont invests in technology, operational efficiency and sustainability initiatives focused on emissions reduction, responsible resource use and workplace safety.
Its operational structure includes open-pit and underground mines, processing plants, research facilities and geological exploration units. With thousands of employees worldwide, the company maintains an integrated system for the production, logistics and commercialization of precious and industrial metals.
Newmont Corp. is listed on the New York Stock Exchange (NYSE) under the ticker NEM.
History and When Newmont Corp. Was Founded
Newmont Corp. was founded in 1921 in New York by William Boyce Thompson as an investment company focused on financing mining ventures. The name “Newmont” combines “New York” and “Montana,” reflecting the company’s early areas of operation.
Over the following decades, Newmont expanded by acquiring mines and mining companies both in the United States and internationally. Starting in the 1950s, the company strengthened its focus on gold and industrial metals, establishing itself in major mining projects worldwide.
In the 1990s and 2000s, Newmont executed strategic acquisitions that solidified its position among global leaders, including the purchases of Normandy Mining and Franco-Nevada.
The company conducted its initial public offering (IPO) in 1925, which supported its capital expansion and operational growth.
Between 2020 and 2024, Newmont advanced its decarbonization efforts, mine automation projects, equipment modernization and expansion of mineral reserves. The company also acquired additional assets and restructured operations to enhance efficiency in strategic regions.
Newmont remains a global reference in mining, supported by technology, sustainability and integrated asset management.
Additional Information
The Company Newmont Corp. (United States), is listed on NYSE with a market value of $ 119.56 Billions, having an equity of $ 33.41 Billions.
With a total of 27.800 employees, the company is listed in the sector of Basic Materials and categorized in industry of Gold and Silver.
In the last 12 months the Company had a revenue of $ 21.50 Billions, which generated a profit in the amount of $ 7.19 Billions.
As for its main indicators, the Company has a P/E ratio of 16.64, a P/BV ratio of 3.58 and in the last 12 months the dividend yield of NEM was at 0.92%.
The Company is traded internationally through the ticker NEM.
