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3 Reasons To Buy Newmont

Seeking Alpha
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⚡ Quantum Brief
Newmont Corporation maintains a "Buy" rating despite a 30% pullback from January 2026 highs, with analysts projecting strong upside potential tied to gold price trends. Gold price forecasts suggest a 16% net sales increase for Newmont in 2026, driving income growth and a forward non-GAAP P/E that implies a 40% stock price upside this year. Even if gold prices weaken, Newmont’s shareholder-friendly policies—including aggressive share buybacks and consistent dividends—provide a buffer against downside risks. The stock has already risen over 30% since September 2025, aligning with prior projections, but analysts argue further gains are justified by macroeconomic tailwinds. Author Manika Premsingh, a macroeconomist with 20+ years in finance, highlights Newmont’s resilience amid market volatility, reinforcing its appeal for long-term investors.
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Manika PremsinghInvesting GroupFollow5ShareSavePlay(7min)CommentsSummaryGold miner Newmont Corporation remains attractive, with a Buy rating, despite a 30% pullback from January highs.Gold price forecasts support a 16% net sales increase for NEM in 2026, a related income rise, and a forward non-GAAP P/E indicating a 40% price upside this year.Even considering risks of continued gold price weakness instead, some rationale for investing is sustained, supported by the company's share buybacks and dividends.Looking for a portfolio of ideas like this one? Members of Green Growth Giants get exclusive access to our subscriber-only portfolios. Learn More » William Luque/iStock via Getty Images Newmont Corporation (NEM) (NGT:CA) is up by over 30% since the last time I checked on the stock in September 2025. A price rise of 35% was penciled in then, so the increase looks exactly in line. But this bigThis article was written byManika Premsingh4.48K FollowersFollowManika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy. Her investing group, Green Growth Giants, takes the theme a step further from LTT with a deeper dive into opportunities presented by the segment.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in NEM over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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