Valued at a market cap of $96.2 billion, Colorado-based Newmont Corporation (NEM) is the world's largest gold mining company and a leading producer of gold, with a diversified portfolio of operations, projects, and exploration assets across North America, South America, Australia, Africa, and Papua New Guinea. In addition to gold, the company also produces copper, silver, zinc, and lead as by-products from several of its mines.
Newmont has glittered over the past year, delivering standout gains that have comfortably outpaced both the broader market and its industry benchmark. Shares of NEM have rallied 53.7% over this time frame, while the broader S&P 500 Index ($SPX) has gained 16.9%. However, the stock has lost some of its shine in 2026, slipping 4.1% year-to-date while the SPX has advanced 8.7%.
