Newmont Corporation
NEM.AXBasic MaterialsASXGold · Last scanned May 30, 2026
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Daily timeframeHeadquartered within the basic materials sector, Newmont Corporation focuses on Gold services and products. Newmont Corporation operates as a gold producer. The $161.49B market capitalization puts NEM.AX squarely in large-cap range for its industry. It also explores for copper, silver, lead, zinc, and other metals.
Market Cap
$161.49B
Beta
0.45
P/E (TTM)
13.98
P/E (Fwd)
9.58
EPS (TTM)
$10.82
EPS (Fwd)
$15.78
ROE
25.8%
ROA
14.9%
Cash
$8.78B
Total Debt
$5.53B
Free CF
$9.80B
52W Change
85.3%
Annual Financials
Cash vs Debt
The balance sheet looks solid with $8.78B in cash comfortably exceeding the $5.53B debt load. A net cash position generally provides financial flexibility during uncertain economic periods. The company generates $9.80B in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 25.8% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Return on assets of 14.9% further supports the picture of efficient asset utilization. Revenue has grown from $11.91B (2022) to $22.67B (2025), reflecting a 90% increase over the period.
NEM.AX's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing NEM.AX.