Newmont Corporation NEM

Zacks Investment Research 13 nov

The gold mining industry faces near-term headwinds from retreating gold prices, a stronger U.S. dollar, rising costs, and labor shortages. However, four companies—Fury Gold Mines, Gold Royalty, Newmont Mining, and B2Gold—are well-positioned for growth due to strong balance sheets and development initiatives. Long-term supply concerns and robust investment demand provide structural support for the sector.

Zacks Investment Research 12 nov

The gold mining industry faces near-term challenges as prices have retreated from January records due to a stronger U.S. dollar and expectations of further interest rate hikes. Miners continue to struggle with rising costs and labor shortages. However, long-term supply deficits from resource depletion and declining mature mine production could support prices. Despite these headwinds, several well-positioned companies with strong balance sheets are expected to benefit from growth initiatives and expanding investment demand.

The Motley Fool 11 nov

With central banks doubling gold purchases since 2022 amid geopolitical tensions and rising U.S. deficits, gold mining stocks offer investors different exposure strategies. JPMorgan projects gold could reach $6,300 by next year. Five major players—Newmont, Agnico Eagle, Barrick Mining, Kinross Gold, and Wheaton Precious Metals—each offer unique risk-return profiles, from large-scale diversified producers to leveraged plays and streaming business models.

Zacks Investment Research 11 nov

Newmont Corporation's Q3 2026 gold costs surged 22% year-over-year to $1,449 per ounce on a co-product basis, with AISC climbing 25%. The company lowered full-year AISC guidance but Q4 is projected to reach $1,900 per ounce as capital spending peaks and production declines. Competitors Kinross Gold and Agnico Eagle also reported significant cost increases, with AISC rising 20% and 24% respectively, pressuring industry profitability.

Zacks Investment Research 10 nov

Newmont (NEM) shares have gained 25.8% YTD, outperforming peers and the S&P 500, driven by higher realized gold prices and operational efficiency. The company is advancing key growth projects like Cadia Panel Caves and Tanami Expansion while maintaining strong liquidity of $12.8 billion. However, declining gold production (9% YoY in Q3) and rising costs pose headwinds to profitability, despite reduced 2026 cost guidance. Zacks rates NEM as a Hold.