Dec. 14, 2025 12:35 PM ETNewmont Corporation (NEM) StockGDX, GDXJ, XAUUSD:CUR, GLD, B, ABX:CAJR ResearchInvesting Group LeaderCommentsSummaryNewmont (NEM) continues to benefit from surging gold prices, with free cash flow margins projected to reach near 35% through FY2027.NEM's balance sheet is net cash positive, supporting disciplined capital allocation and potential for strategic acquisitions, though a major deal could require significant debt.Despite recent production volatility and resistance near $100, NEM trades at a 6.8x forward EBITDA multiple, below its 10-year average, suggesting fundamental support for the rally.An unchanged Hold rating on NEM is maintained. While the bullish momentum persists, the risk/reward is not compelling enough for an upgrade given the potential gold price and operational risks.baranozdemir/iStock via Getty ImagesNewmont: Gold Bulls Buying The DipsIt seems like nothing could really send gold bugs sprawling for cover. It doesn't matter whether we are talking about the leading gold mining companies (GDX) (GDXJ) or gold itself (More on my IG serviceA Growth Investing Service To Help You OutperformI'm a firm believer in growth and tech plays as a core component of our portfolio. Our service has made several top and bottom calls, helping our subscribers to outperform the market consistently. I focus on helping members tune out the noise from the media, and directing our attention on the metrics that matter most when we invest. If you want to see us in action and benefit from our insights, consider signing up now. Sign up now for a hugely discounted trial to test our service promise!This article was written byJR Research45.76K FollowersJR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attractive risk/reward upside potential. His approach combines sharp price action analysis with fundamentals investing. He tends to avoid overhyped and overvalued stocks while capitalizing on battered stocks with significant upside recovery possibilities. He runs the investing group Ultimate Growth Investing which specializes in identifying high-potential opportunities across various sectors. He focuses on ideas that has strong growth potential and well-beaten contrarian plays, with an 18 to 24 month outlook for the thesis to play out. The group is designed for investors seeking to capitalize on growth stocks with robust fundamentals, buying momentum, and turnaround plays at highly attractive valuations. Learn moreAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within 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.Comments