Newmont Shares Shine on Production, Record Free Cash Flow

NEM is a leading global gold mining company that also produces copper, zinc, lead, and silver throughout Africa, Australia, Latin America, North America, and Papua New Guinea. NEM’s second-quarter fiscal 2026 report showed $2.9 billion from operations after working capital, a record $2.2 billion of free cash flow, 1.3 million ounces of gold production, per-share earnings of $2.10 (a 46.9% year-over-year gain), as well as returning about $1.9 billion to shareholders through dividends and buybacks.

No wonder NEM shares are up 35% so far this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock.

Institutions Love Newmont

Institutional volumes reveal plenty. In the last year, NEM has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in NEM shares. They reflect our proprietary inflow signal, pushing the stock higher:

Plenty of materials names are under accumulation right now. But there’s a powerful fundamental story happening with Newmont.

Newmont Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, NEM has had strong sales growth:

• 1-year sales growth rate (+19.1%)
• 3-year sales growth rate (+25.1%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +12.5%.

Now it makes sense why the stock has been generating Big Money interest. NEM has a track record of strong financial performance.

Marrying great fundamentals with MoneyFlows software has found some big winning stocks over the long term.

Newmont has been a top-rated stock at MoneyFlows. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It made the rare Outlier 20 inflow report 44 times and is up 370% since 1993. The blue bars below show when NEM was a top pick in the last two years…institutional support is critical:

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

Newmont Price Prediction

The NEM action isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in NEM at the time of publication.

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