Stock Analysis | Newmont Outlook - Technical Neutrality and Mixed Analyst Signals

Market Snapshot

Headline Takeaway: Newmont (NEM) remains in technical neutrality with mixed analyst signals and a price trend that rose 1.61% in recent trading.

News Highlights

• Mayfair Gold and Other Mining Stocks in Spotlight: BTV-Business Television recently featured six mining stocks, including Mayfair Gold, which could signal increased industry attention and potential investor interest in the sector.
• CopAur Minerals' Oversubscribed Financing: CopAur Minerals successfully raised $505,500 in a non-brokered private placement, showing strong support and potentially boosting investor confidence in junior mining equities.
• Fireweed Metals Share Buy by Larry Childress: Larry Childress, a major shareholder, invested $1.35 million in Fireweed Metals through a private offering, signaling a bullish stance that might influence broader investor sentiment.

Analyst Views & Fundamentals

Analysts remain divided on Newmont, with a simple average rating of 3.75 and a performance-weighted rating of 1.67. The ratings show low consistency, with some institutions projecting strong growth while others remain cautious. This dispersion contrasts with the recent 1.61% price rise, indicating a mismatch between analyst expectations and market performance.

Key Fundamental Factors and Scores

• Annualized Return on Equity (ROE): 25.48% (internal diagnostic score: 9.86)
• Price-to-Sales (PS) Ratio: 5.82 (score: 3.22)
• Revenue-to-Market Value (Revenue-MV): 0.72 (score: 7.35)
• Net Income-to-Revenue: 1.44% (score: 1.08)
• Profit-to-Market Value (Profit-MV): 1.08 (score: 8.33)

Money-Flow Trends

Big-money and institutional investors are currently driving a negative flow in NEM, with all major categories (small, medium, large, and extra-large) showing negative trends. The overall inflow ratio stands at 48.33%, suggesting a cautious stance among large players. Retail investors also contributed to the negative trend, with a small inflow ratio of 49.78%, indicating uncertainty in the broader investor base.

Key Technical Signals

Internal Diagnostic Scores (0-10)

• MACD Death Cross: Strong bullish signal with a score of 8.33
• WR Oversold: Positive signal with a score of 7.35
• RSI Overbought: Neutral bias with a score of 3.22
• WR Overbought: Neutral signal with a score of 3.21

Recent Chart Patterns

On August 19, 2025, both the WR Oversold and MACD Death Cross indicators appeared, suggesting a potential bottoming pattern and a strong short-term bullish signal. Earlier in the month, from August 8 to 15, 2025, the RSI Overbought and WR Overbought signals were present, indicating a period of overbought conditions and a potential reversal.

Trend Quality and Momentum

Technical indicators suggest a volatile market with no clear direction. Long-term bullish and bearish signals are balanced, so the market is in a wait-and-see phase. Traders are advised to monitor for a potential breakout in either direction.

Conclusion

Newmont is in a period of technical neutrality, with mixed analyst ratings and strong internal bullish signals emerging from the MACD Death Cross and WR Oversold indicators. However, the broader market environment is cautious, with big-money and retail flows trending negative. Investors may consider monitoring for a breakout after key resistance or support levels are tested, or wait for clearer directional momentum before making a move.