Skip to main content

NEM Newmont Corporation

Basic Materials

109.09 +2.48 +2.33% Close 11/2
Since 2024-12-02 +166.7%
Open
108.88
High
110.83
Low
108.04
Prev close
106.61
Volume
5.3M
Amplitude
2.62%
P/E
12.4
P/B
3.1
Revenue YoY (TTM)
+10.9%
52W 78.60 135.29

Is Newmont Corporation a buy? Fundamentals and valuation first

As of 2026-10-30

Valuation: Fair, Quality: Strong, Growth: Good, Momentum: Good, Risk / liquidity: Good.

Valuation Fair Free-cash-flow yield is Top, but Price / book is Pricey.
TTM P/E 12.37 33th percentile Fair
Price / book 3.11 72th percentile Pricey
Free-cash-flow yield (%) 11.83 85th percentile Top
US Stock Backtest in Python: Price-to-Book Ratio StrategyQuality Factor Investing: A US Quality Value Backtest
Quality Strong All 3 indicators are Top.
ROE, TTM (%) 25.9 86th percentile Top
Operating margin, TTM (%) 52.21 92th percentile Top
FCF margin, TTM (%) 55.61 94th percentile Top
Quality Factor Investing: A US Quality Value Backtest
Growth Good All 2 indicators are Good.
Revenue growth, TTM YoY (%) 10.92 62th percentile Good
Diluted EPS growth, TTM YoY (%) 33.85 72th percentile Good
Momentum Good All 2 indicators are Good.
60-day return (%) 1.32 73th percentile Good
240-day return (%) 22.57 73th percentile Good
Momentum Trading Strategy: A 12-1 Momentum Backtest
Risk / liquidity Good 20-day dollar volume is Top; 60-day annualized volatility is Good.
20-day dollar volume 665,885,452 98th percentile Top
60-day annualized volatility (%) 42.4 48th percentile Good
Factor Investing Explained: 10 Classic Factors in US Stocks

Newmont Corporation (NEM) today

2 quant signals active · As of 2026-10-30

Win rate and excess are historical post-trigger stats vs the market. Click a signal for its full definition and samples; history does not predict future results.

FinLab Studio

From Newmont Corporation to every stock like it

AI finds several complementary traits of Newmont Corporation across different dimensions, combines them into a multifactor strategy, and backtests it against the market.

Screen stocks like Newmont Corporation

Newmont Corporation (NEM) peers and tracking

Watchlist

This page refreshes daily after the close. Add Newmont Corporation to your watchlist to track signal changes on your next visit.

Newmont Corporation (NEM) quant signal backtests

Signals active now

Each active condition is tested against this stock’s own history and benchmarked versus the S&P 500.

Filed revenue acceleration

Active · now 10.92%

TTM revenue growth is at least 10% and improved versus the prior filed quarter; event date is the SEC filing date.

10 historical occurrences (since 2019-11-05)

Average forward return after Filed revenue acceleration

20-day: Win 44.4%, Sample 9, Median -2.46%, Excess -1.68%, Beat mkt rate 44.4%

60-day: Win 66.7%, Sample 9, Median +8.81%, Excess +5.32%, Beat mkt rate 55.6%

120-day: Win 77.8%, Sample 9, Median +13.43%, Excess +15.56%, Beat mkt rate 55.6%

120 days after: historical avg +21.42%

20-day -2.71%
60-day +8.7%
120-day +21.42%
20-day
60-day
120-day
Win
44.4%
66.7%
77.8%
Sample
9
9
9
Median
-2.46%
+8.81%
+13.43%
Excess
-1.68%
+5.32%
+15.56%
Beat mkt rate
44.4%
55.6%
55.6%

Over 9 occurrences, 120-day forward avg gained 21.42%, beat the market by 15.56 pts; win rate 77.8%.

EPS surprise beat

Active · now 12.24%

Reported EPS beat consensus estimate by at least 5%; event date is the earnings-surprise timestamp.

PEAD: Post-Earnings Announcement Drift Backtest
26 historical occurrences (since 2015-02-19)

Average forward return after EPS surprise beat

20-day: Win 45.5%, Sample 22, Median -0.1%, Excess +0.52%, Beat mkt rate 50%

60-day: Win 63.6%, Sample 22, Median +6.95%, Excess +3.77%, Beat mkt rate 50%

120-day: Win 71.4%, Sample 21, Median +10.82%, Excess +6.12%, Beat mkt rate 52.4%

120 days after: historical avg +13.79%

20-day +1.01%
60-day +8.33%
120-day +13.79%
20-day
60-day
120-day
Win
45.5%
63.6%
71.4%
Sample
22
22
21
Median
-0.1%
+6.95%
+10.82%
Excess
+0.52%
+3.77%
+6.12%
Beat mkt rate
50%
50%
52.4%

Over 21 occurrences, 120-day forward avg gained 13.79%, beat the market by 6.12 pts; win rate 71.4%.

Valuation regime and forward returns

Daily TTM P/E is converted into an expanding own-history percentile, then grouped into five valuation regimes. Forward returns use adjusted prices over the next 240 trading days.

PE percentile bandSample days240-day avg returnMedianWin rateAvg excess (vs index)
0-20 You are here85+75.6% +52.8% 100% +58.2%
20-40 149+46.5% +30.6% 55.7% +40.3%
40-60 356+44.7% +27.1% 65.4% +11.6%
60-80 57-31.2% -34.2% 0% -51%
80-100 0Insufficient data

Quarterly EPS is aligned by SEC filing date before it is forward-filled to daily prices. The expanding percentile uses only information available up to each day.

Current TTM P/E is about 12.37, placing it in the 3.1 own-history percentile, inside the 0-20 bucket.

More history: Valuation × momentum analogs, Market-wide momentum baseline, Signals not active now

Valuation × momentum analogs

Each historical day is grouped by own-history P/E tercile and 60-day momentum direction, then tested for the next 120-trading-day adjusted return.

Valuation
Momentum
Cheap (own-history bottom third)
Middle
Expensive (own-history top third)
60-day momentum up
Now
+46.7%
Win rate 91.8% Excess +36.6%
194d
+2%
Win rate 45.1% Excess -9.7%
328d
Insufficient data
(0d)
60-day momentum down
+24%
Win rate 96.4% Excess +21.9%
84d
+9.2%
Win rate 70.8% Excess -5.2%
161d
Insufficient data
(0d)

Currently in “Cheap (own-history bottom third) × 60-day momentum up”: across 194 historical days, 120-day forward avg gained 46.7%, win rate 91.8%, beat the market by 36.6%.

Days = trading days in this bucket; returns use adjusted prices, ex-costs. 60-day momentum: direction of this stock's price over the past 60 trading days.

Market-wide momentum baseline

Across 99,493 liquid US common-stock samples, top-quintile 6-month momentum was followed by an average 60-trading-day return of +6.42%, a 58.4% positive-return rate, and +3.08 percentage points of average excess return versus the S&P 500.

Baseline: weekly samples since 2016 where a liquid US common stock ranked in the top quintile by 126-trading-day momentum. Forward return is 60 trading days; excess return is versus S&P 500 (^GSPC).

Signals not active now

Inactive signals still show the stock-specific historical forward-return distribution for context.

52-week adjusted-price high

Pending

Adjusted close first reaches a 252-trading-day high; repeated hits within 20 days count once.

17 times historically; 60-day forward avg +7.63%, win rate 62.5%, beating the market by +7.15 pts on average.

Top-quintile 6-month momentum

Pending

The stock ranks in the top 20% of the liquid US common-stock universe by 126-day adjusted return.

Momentum Trading Strategy: A 12-1 Momentum Backtest

18 times historically; 60-day forward avg +5.2%, win rate 44.4%, beating the market by +1.76 pts on average.

Method and limits

  • Returns use us_price:adj_close, adjusted for splits and dividends where available.
  • Excess returns use world_index:^GSPC as the S&P 500 benchmark proxy.
  • Quarterly fundamentals are aligned to SEC filing dates before daily valuation studies.
  • The promoted universe starts from active NYSE/NASDAQ common stocks, then applies price and dollar-volume gates.
  • Snapshot-only tables such as analyst consensus, DCF, us_ratios, and us_key_metrics are intentionally excluded from historical evidence.
  • Overlapping event windows are descriptive distributions, not independent samples.

This page is for historical data analysis and education only. It is not investment advice. Backtests and historical return distributions do not predict future performance; evaluate risk independently before trading.