Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide.

Newmont is pressing Barrick to improve operations at their Nevada Gold Mines joint venture, citing weaker performance and value over the past six years. The company is publicly stressing the importance of existing transfer restrictions as Barrick considers selling minority stakes in the Nevada assets. These comments bring tensions between the partners into the open and put added focus on one of the largest gold mining hubs in North America.

For investors following Newmont (NYSE:NEM), this update comes with the shares at $118.12 and a value_score of 4, alongside a 16.7% return year to date and a 151.6% return over the past year. In the short term, the stock has returned 8.8% over the past week and 3.0% over the past month. Over longer periods of three and five years, returns are 179.4% and 141.1% respectively.

Newmont's push for stronger performance at Nevada Gold Mines and its firm stance on joint venture terms could influence how any future stake sales are structured and priced. As the situation develops, investors may want to watch for updates on operational changes at the mines and any revisions to ownership or governance arrangements between the partners.

Stay updated on the most important news stories for Newmont by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Newmont.NYSE:NEM Earnings & Revenue Growth as at Feb 2026

4 things going right for Newmont that this headline doesn't cover.

Quick Assessment

⚖️ Price vs Analyst Target: At US$118.12 versus a consensus target of US$135.27, the price sits about 13% below analyst expectations, suggesting a modest gap to the target. ⚖️ Simply Wall St Valuation: Newmont is described as trading close to estimated fair value, so the current price lines up broadly with Simply Wall St's model. ✅ Recent Momentum: A 3.0% gain over the last 30 days shows positive short term momentum even as the Nevada Gold Mines concerns surface.

There is only one way to know the right time to buy, sell or hold Newmont. Head to Simply Wall St's company report for the latest analysis of Newmont's Fair Value.

Key Considerations

📊 Pressure on Barrick to improve Nevada Gold Mines could support Newmont's long term production profile if operational changes are effective. 📊 Keep an eye on updates to joint venture governance, any stake sale terms, and how these tie back to the current P/E of 17.9 versus the Metals and Mining industry average of 26.4. ⚠️ The key risk here is execution. If operational improvements at Nevada Gold Mines stall, the perceived value of one of Newmont's core assets could come into question.

Story Continues

Dig Deeper

For the full picture including more risks and rewards, check out the complete Newmont analysis. Alternatively, you can check out the community page for Newmont to see how other investors believe this latest news will impact the company's narrative.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NEM.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

View Comments