NEM

NewmontC

NYSE / Materials

At close

2026-06-02

Current thesis

The bull case is that record Q1 free cash flow, net cash, unchanged 2026 guidance and the expanded repurchase authorization show the enhanced capital-allocation framework is already working, leaving room for the stock to rerate if H2 production weighting converts cleanly into ounces and cash.

Posture

Mixed

Lead driver

Value

What changed

12 setup hits (3d) with net bullish as of 2026-06-02.

What can break

Cadia's near-term output was said not to be impacted after the April earthquake, but management was still assessing whether there could be a longer-term production effect.

Momentum

Value

Sentiment

Setup hits (3d)

12 · Net Bullish

AI TargetsBase $110.00 · Bull $130.00 · Bear $90.00

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-17 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade C · Mixed

Confidence Medium · Net Bullish

Target $142.30

Why

Momentum44 · Δ7d -6.2

Value66 · Δ7d +0.3

Sentiment53 · Δ7d +2.5

So what

Balanced signals (Net Bullish). Wait for confirmation before sizing up.

Lead driver: Value · See fundamentals

Momentum

34% active weight

Current posture

7d trendSoftening

Δ7d

-6.2

Δ21d

-17.1

Value

32% active weight

Current posture

7d trendFlat

Δ7d

+0.3

Δ21d

+2.1

Sentiment

33% active weight

Current posture

7d trendImproving

Δ7d

+2.5

Δ21d

-0.2

Why this grade

Composite grade C. Momentum 44.4 / Value 65.6 / Sentiment 52.6

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$115.5B

Beta

0.42

Shares Out

2.18B

P/E (TTM)

16.1

P/S (TTM)

5.25

P/FCF (TTM)

21.95

Rev YoY

+20.0%

EPS YoY

+119.2%

Gross Margin

+60.7%

Op Margin

+45.4%

Net Debt

$5.33B

Current Ratio

2.04

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology