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Newmont Corporation (NEM) Stock Profile & Financial OverviewNewmont Corporation

Listed on NYSE • Basic Materials / Gold
NEM logo

NEM Company Overview & Business Description

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2021, it had proven and probable gold reserves of 92.8 million ounces and land position of 62,800 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.

Key Information

Symbol: NEM
CEO: Thomas Ronald Palmer
Exchange: NYSE
CIK: 0001164727
SEC Filings: View SEC →

Current Trend for NEM

An assessment of the current trend environment for NEM, based on the latest closing price data and intended to describe the market context heading into the next trading session.

As of 2025-12-24, the current trend for NEM is a Strong Momentum Environment (High Conviction Uptrend).

Daily and weekly trends are in bullish alignment, forming a strong medium-term uptrend.

  • The weekly backdrop provides strong tailwinds, confirming that the medium-term path of least resistance is upward.
  • Price is currently trending at a healthy distance, sitting 1.89 ATR away from the adaptive KAMA baseline.
  • Technical Update: Price has breached a key Fractal High, confirming a structural breakout to the upside.

Explore More Data

Adaptive Trend Model · Daily & Weekly (2025-12-24 ET)

This model uses an adaptive trend algorithm based on daily and weekly price data to identify whether a stock is in an uptrend, downtrend, or consolidation over a multi-week to multi-month horizon. Compared with traditional moving-average systems, it filters short-term noise more effectively, captures trend continuation more reliably, and provides a stronger basis for position sizing and risk-management decisions such as stop-loss and take-profit levels.

As of 2025-12-24, NEM in a strong expansion phase; Long-term trend is bullish.

Trend Strength: NEM last closed at 104.73, trading 1.2 ATR above the adaptive KAMA baseline (100.52). Technical Classification: Confirmed High-Momentum Uptrend.

Trend Score: Technical Score: 95/100. Classification: Strong/Established. Alignment: High. Logic: Full multi-timeframe alignment with strong momentum filters.

SuperTrend Risk: Structural Support: Adaptive SuperTrend at 87.82. This level serves as the calculated invalidation point for the current upward structure.

Risk Skew: Multi-timeframe risk skew is currently assessed as Constructive Upside. Daily and weekly trends are in high-quality alignment with healthy momentum. Risk skew favors continued upside follow-through from current levels.

Key Levels: In this bullish structure, key support is anchored by immediate support (KAMA) at 100.52, with the critical trend-guard (SuperTrend) at 87.82.

NEM Real-Time Stock Price & Market Data (Updated: Dec 23 12:50 PM EST)

Price
105.01
Change
0.13
Change %
0.12%
Open
105.73
Previous Close
104.88
High
105.5
Low
103.32
Volume
2,582,180
Market Cap
115,348,201,472
EV/EBITDA
9.06

NEM Shares Outstanding, Float, Short Interest & Ownership (Updated: Dec 23 12:50 PM EST)

Shares Outstanding
1,091,262,981
FloatShares
1,088,905,853
Float Ratio
99.78%
Shares Short
22,287,044
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
2.69%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
2.32 trading days
Held Percent Insiders
0.24%
Held Percent Institutions
80.42%