GURU.Markets stock price, segment price, and overall market index valuation
The company's share price Newmont
Newmont is the world's largest gold mining company. Its stock price is closely correlated with the price of gold, which investors often use as a safe haven during times of inflation and uncertainty. Its stock price reflects both market conditions and operating performance.
Share prices of companies in the market segment - Metal drag
Newmont is the world's largest gold producer. Its business consists of this single segment. We refer to it as the Metal Drag sector, and the chart below reflects the dynamics of the entire industry, which is directly dependent on gold prices.
Broad Market Index - GURU.Markets
Newmont is the world's largest gold mining company, with assets on several continents. Its operations are a barometer of the precious metals market. The company's status makes it a key component of the GURU.Markets index. The chart below represents the entire market. Find out how Newmont compares.
Change in the price of a company, segment, and market as a whole per day
NEM - Daily change in the company's share price Newmont
For Newmont, a major gold miner, daily price changes reflect its high sensitivity to gold prices and investor sentiment. While the chart of these fluctuations is unspectacular, it is an important component of the formulas on System.GURU.Markets.
Daily change in the price of a set of shares in a market segment - Metal drag
Newmont Corporation is the world's largest gold producer. This chart reflects the high volatility of the precious metals sector. Comparing it to NEM's performance, which is highly correlated with the price of gold, helps assess its value as a safe haven or inflationary asset compared to other commodity companies.
Daily change in the price of a broad market stock, index - GURU.Markets
Newmont is the world's largest gold mining company. Gold is often seen as a safe haven during periods of market volatility. The chart below shows overall market volatility, which can cause gold miner shares to move counter-clockwise, responding to demand for safe havens.
Dynamics of market capitalization of the company, segment and the market as a whole over 12 months
Annual dynamics of the company's market capitalization Newmont
Newmont is the world's largest gold producer. The company's stock performance is closely tied to the price of gold, a key indicator for investors seeking protection from inflation. Fluctuations in the price of gold contribute significantly to overall market volatility.
Annual dynamics of market capitalization of the market segment - Metal drag
Newmont Corporation is the world's largest gold producer. Its stock price is closely tied to the price of gold, which investors traditionally use as a safe haven during times of inflation and geopolitical instability. The chart below shows how the company tracks its sector and gold prices.
Annual dynamics of market capitalization of broad market stocks, index - GURU.Markets
Newmont is the world's largest gold mining company. Its stock price has traditionally been inversely correlated with the market. Gold is considered a safe haven asset, and investors buy it during periods of uncertainty, inflation, or a falling dollar. Newmont's chart is an indicator of fear and uncertainty in global markets.
Dynamics of market capitalization of the company, segment and the market as a whole for the month
Monthly dynamics of the company's market capitalization Newmont
Newmont, one of the world's largest gold miners, moves in sync with the precious metals market. Its price chart reflects fluctuations in gold prices, which in turn depend on inflation expectations, central bank policy, and the level of global uncertainty.
Monthly dynamics of market capitalization of the market segment - Metal drag
This chart shows the dynamics of the gold mining sector, where Newmont is the global leader. Its movements almost exactly mirror the price of gold. Geopolitical uncertainty and monetary policy, which affect gold, are key factors for the entire industry.
Monthly dynamics of market capitalization of broad market stocks, index - GURU.Markets
Newmont is the world's largest gold mining company. Gold is traditionally considered a safe haven asset, rising during periods of uncertainty and inflation. The chart below shows the stock market's performance. Newmont shares often move counter to the market, benefiting from investors' flight to safe havens.
Dynamics of market capitalization of the company, segment and the market as a whole for the week
Weekly dynamics of the company's market capitalization Newmont
Newmont Corporation, the world's largest gold producer, has demonstrated weekly performance that is directly linked to the price of gold. Demand for the precious metal as a safe haven during periods of uncertainty, inflation, and fluctuations in the US dollar is the primary driver of the company's shares.
Weekly dynamics of market capitalization of the market segment - Metal drag
Newmont, as the largest gold producer, is a barometer for the entire gold mining sector. Its weekly performance is almost entirely determined by the gold price. The chart allows you to compare it with other gold miners and see whether the market rewards its scale and geographic diversification.
Weekly dynamics of market capitalization of stocks of the broad market, index - GURU.Markets
Newmont is the world's largest gold mining company. Gold miners' shares often move counter to the market: during periods of fear and uncertainty, investors flee to gold. The chart shows how often Newmont acts as a defensive asset.
Market capitalization of the company, segment and market as a whole
NEM - Market capitalization of the company Newmont
The market capitalization of Newmont, the world's largest gold producer, reflects investor sentiment regarding risk and inflation. Its value rises during periods of economic uncertainty, when investors seek the safe haven of gold. Its price dynamics are a barometer of fear and mistrust in traditional financial assets.
NEM - Share of the company's market capitalization Newmont within the market segment - Metal drag
Newmont Corporation is the world's largest gold mining company. Its dominant share of the sector reflects its extensive operations across multiple continents and its vast asset portfolio. The company's market capitalization is closely tied to global gold prices and its operating efficiency.
Market capitalization of the market segment - Metal drag
The chart below shows the overall value of the gold mining sector. Newmont is the world's largest gold producer. This market often moves counter to the stock market, as gold is considered a safe haven. Newmont's status as a leader makes it a key beneficiary of gold demand during periods of uncertainty.
Market capitalization of all companies included in a broad market index - GURU.Markets
Newmont is the world's largest gold mining company. Its market capitalization is often viewed as an alternative to owning gold itself. The chart below shows the market share of the business extracting this key asset from the ground.
Book value capitalization of the company, segment and market as a whole
NEM - Book value capitalization of the company Newmont
Newmont Corporation's resource base consists of its gold mines, located on four continents. The book value of the world's largest gold producer is an estimate of its underground reserves and processing capacity. The chart reflects not only the gold price but also the company's merger and acquisition strategy to maintain and expand its resource base.
NEM - Share of the company's book capitalization Newmont within the market segment - Metal drag
McKesson is one of the "big three" drug distributors in the US. The chart shows its enormous share of the physical healthcare infrastructure. This includes gigantic, highly automated warehouses and a logistics network that supplies pharmacies and hospitals across the country every day.
Market segment balance sheet capitalization - Metal drag
Newmont is the world's largest gold producer. The mining industry, as the chart shows, is capital-intensive. Newmont is the leader in this industry, owning gigantic mines on several continents. Its business is extracting value from colossal real assets.
Book value of all companies included in the broad market index - GURU.Markets
Newmont is the world's largest gold mining company. Its book value comes from its mines, located on four continents, and, most importantly, its proven gold reserves in the ground. This is a physical asset, considered a safe haven in times of uncertainty.
The ratio of market capitalization to book capitalization of a company, segment, and the market as a whole
Market capitalization to book capitalization ratio - Newmont
Newmont is a major gold miner. Its valuation fluctuates around the book value of its mines and reserves. The premium or discount to this value often reflects the price of gold, its primary product, rather than its operating performance.
Market to book capitalization ratio in a market segment - Metal drag
Newmont is the world's largest gold mining company. Its valuation is closely tied to the price of gold, which investors often use as a safe haven. This chart shows how the company's market capitalization moves in tandem with gold prices, reflecting its status as a gold proxy.
Market to book capitalization ratio for the market as a whole
Newmont Corporation is the world's largest gold mining company, with assets on several continents. Compared to average market valuations, as this chart demonstrates, its valuation closely correlates with the price of gold. Investors often view Newmont shares as a leveraged way to invest in the precious metal itself.
Debts of the company, segment and market as a whole
NEM - Company debts Newmont
For Newmont, the world's largest gold mining company, debt is a tool for financing major acquisitions, such as the purchase of Goldcorp, and for developing mines. This chart shows how the company uses leverage to consolidate within the industry and manage its global asset portfolio in response to gold prices.
Market segment debts - Metal drag
Newmont is the world's largest gold mining company. Its financial performance is directly dependent on gold prices. Companies in this sector strive to maintain low debt loads to remain resilient during falling gold prices. Large mergers, like Goldcorp, can temporarily increase debt. This chart shows how Newmont manages its finances.
Market debt in general
Newmont Corporation is the world's largest gold mining company. Gold is often viewed as a safe haven during periods of economic uncertainty and inflation. This total debt profile and associated economic risks can impact gold demand and, consequently, Newmont's financial performance and strategy.
Debt to book value of the company, segment and market as a whole
The company's debt to book capitalization ratio Newmont
Newmont is the world's largest gold mining company. This chart shows how the company leverages its balance sheet. Debt can increase to finance major acquisitions, such as the purchase of Newcrest. Unlike industrial metals, the price of gold is less dependent on economic cycles, which provides stability to the business.
Market segment debt to market segment book capitalization - Metal drag
Newmont Corporation is the world's largest gold mining company. Its financial position is highly dependent on gold prices. This chart shows how the company manages its balance sheet in this volatile environment. It compares its debt load to the market capitalization of the entire precious metals mining sector, reflecting its financial strategy.
Debt to book value of all companies in the market
Newmont, the world's largest gold producer, operates in an industry where financial policy is heavily dependent on precious metal prices. This chart compares its debt load to the average level across the economy, showing how the company manages its balance sheet in this volatile environment compared to the average company.
P/E of the company, segment and market as a whole
P/E - Newmont
This chart for Newmont, the world's largest gold mining company, shows that its valuation is inextricably linked to the price of gold. The company's P/E rises as investors seek protection from inflation and uncertainty in the "eternal" metal. This is less a bet on the business itself than on macroeconomic trends.
P/E of the market segment - Metal drag
Newmont Corporation is the world's largest gold mining company, with assets on several continents. The company's shares are often considered a leveraged way to invest in gold. This chart shows the average valuation for the precious metals sector, which helps assess how Newmont compares to its peers and the gold price.
P/E of the market as a whole
Newmont Corporation is the world's largest gold mining company. Gold is traditionally considered a safe haven during periods of economic and geopolitical instability. Therefore, Newmont's valuation often moves counter to the overall market: when the market chart shows fear and decline, demand for gold and gold mining stocks can rise.
Future P/E of the company, segment and market as a whole
Future (projected) P/E of the company Newmont
Newmont Corporation is the world's largest gold mining company. This chart reflects investor expectations regarding the gold price and the company's ability to effectively manage its mines. Newmont's valuation is highly correlated with forecasts for gold, which is often seen as a safe haven during periods of economic uncertainty and inflation.
Future (projected) P/E of the market segment - Metal drag
Newmont Corporation is the world's largest gold mining company. Its shares are often viewed by investors as a safe haven during times of economic uncertainty and inflation. This chart reflects gold price expectations. Comparing its profit forecasts with the sector reveals how investors view its operating performance and assets.
Future (projected) P/E of the market as a whole
Newmont Corporation is the world's largest gold mining company. Gold is traditionally considered a safe haven asset, with demand rising during periods of economic uncertainty and inflation. This chart, reflecting market fears and expectations, often moves inversely to the price of gold, Newmont's primary business driver.
Profit of the company, segment and market as a whole
Company profit Newmont
Newmont Corporation is the world's largest gold mining company. Its profits are directly linked to the price of gold, which often rises during periods of economic uncertainty and inflation. This chart shows how the company's financial results reflect the dynamics of the precious metals market and investor sentiment.
Profit of companies in the market segment - Metal drag
Newmont Corporation is the world's largest gold mining company. Its profitability is directly dependent on the price of gold, which is often viewed by investors as a safe haven during periods of economic uncertainty or inflation. Newmont's financial results reflect global market sentiment and demand for precious metals.
Overall market profit
Newmont Corporation is the world's largest gold mining company. Gold is traditionally considered a safe haven asset, with demand rising during periods of economic uncertainty and inflation. Newmont's financial results depend on the price of gold, which, in turn, reflects investor confidence in traditional currencies and the financial system.
Future (predicted) profit of the company, segment and market as a whole
Future (projected) profit of the company Newmont
Newmont is the world's largest gold mining company. Its profit forecasts, reflected here, are almost entirely a function of the gold price. Gold prices, in turn, are influenced by inflation expectations, interest rates, and geopolitical uncertainty.
Future (predicted) profit of companies in the market segment - Metal drag
Newmont Corporation is the world's largest gold mining company, with assets on several continents. This chart illustrates profitability forecasts for the precious metals sector. It helps understand how dependent Newmont's financial results are on global gold prices, which, in turn, respond to inflation and geopolitical risks.
Future (predicted) profit of the market as a whole
This chart illustrates expectations for the world's largest gold producer. Newmont's profit forecast is directly dependent on the price of gold, which often rises during periods of economic uncertainty. Operational efficiency at its mines and successful exploration to replenish reserves are key to long-term success.
P/S of the company, segment and market as a whole
P/S - Newmont
Newmont Corporation is the world's largest gold mining company. This chart shows how investors value its revenue, which is directly linked to the price of gold. The multiple is often used as an indicator of sentiment in the precious metals market, reflecting demand for gold as a safe haven.
P/S market segment - Metal drag
Newmont Corporation is the world's largest gold mining company, with assets on several continents. Its valuation is closely linked to the gold price. This metric reflects the average revenue valuation in the precious metals sector. It helps understand how investors value Newmont based on the macroeconomic environment and demand for safe-haven assets.
P/S of the market as a whole
Newmont Corporation is the world's largest gold mining company. Its revenue is directly dependent on the price of gold, which is often seen as a safe haven during times of uncertainty. This chart, which displays average revenue estimates for Newmont, helps understand how investors assess macroeconomic risks and demand for safe haven assets.
Future P/S of the company, segment and market as a whole
Future (projected) P/S of the company Newmont
Newmont Corporation is the world's largest gold mining company. Its revenue is directly dependent on the price of gold, which in turn is affected by factors such as inflation, interest rates, and geopolitical uncertainty. This chart shows how investors estimate the company's future revenue, essentially betting on the future price of gold.
Future (projected) P/S of the market segment - Metal drag
Newmont Corporation is the world's largest gold mining company. This chart shows how investors view its business, which is heavily dependent on the price of gold. Is the stock viewed as a safe haven during times of economic uncertainty and inflation, or a risky bet on rising gold prices?
Future (projected) P/S of the market as a whole
Newmont is the world's largest gold mining company. Its revenue depends on the gold price and production volumes. Unlike industrial companies, interest in Newmont often rises during periods of uncertainty. Nevertheless, its operating performance is important for assessing the commodities sector, which is part of the overall economic picture shown in this chart.
Sales of the company, segment and market as a whole
Company sales Newmont
Newmont Corporation is the world's largest gold mining company. Its revenue is almost entirely dependent on the price of gold and production volumes at its mines worldwide. This chart reflects the price dynamics of the precious metal, which is often seen as a safe haven during times of uncertainty.
Sales of companies in the market segment - Metal drag
Newmont Corporation is the world's largest gold mining company, with assets on several continents. Its business involves the exploration, production, and processing of gold, a safe-haven asset. This chart shows overall sales in the precious metals market, reflecting demand for gold from investors and the jewelry industry, as well as price dynamics.
Overall market sales
Newmont Corporation is the world's largest gold mining company, with assets on several continents. Gold is a safe haven asset, with demand often rising during periods of uncertainty. This graph of overall economic activity for Newmont may be inversely correlated. Economic instability and inflation increase gold's appeal as a store of value.
Future sales volume of the company, segment and market as a whole
Future (projected) sales of the company Newmont
Newmont Corporation is the world's largest gold mining company. Its future revenue is directly dependent on the gold price and production volumes. Gold is often considered a safe haven asset, so its price is dependent on inflation expectations and geopolitical uncertainty. This chart displays analyst expectations for the gold price, Newmont's main driver.
Future (projected) sales of companies in the market segment - Metal drag
Newmont Corporation is the world's largest gold mining company. This chart shows projected revenues for the entire precious metals mining industry. It reflects analyst expectations for gold prices, which, in turn, are influenced by inflation, interest rates, and geopolitical uncertainty, all of which impact Newmont's revenue.
Future (projected) sales of the market as a whole
Newmont Corporation is the world's largest gold mining company. Gold is often viewed as a safe haven asset, with demand rising during periods of economic uncertainty and inflation. In this context, this chart is important as a sentiment indicator. Expectations of an economic slowdown or rising inflation can stimulate demand for gold, while periods of stable growth can dampen demand in favor of riskier assets.
Marginality of the company, segment and market as a whole
Company marginality Newmont
Newmont Corporation is the world's largest gold mining company. This chart illustrates how the company's financial performance depends on the price of gold. During periods of economic uncertainty and inflation, investors often purchase gold as a safe haven, which increases its price and, consequently, Newmont's profitability.
Market segment marginality - Metal drag
Newmont Corporation is the world's largest gold mining company. Its financial performance is closely tied to the price of gold, which often rises during periods of economic uncertainty. This metric reflects how operational efficiency at its mines and cost management enable the company to maximize profits from precious metal production under current market conditions.
Market marginality as a whole
Newmont Corporation is the world's largest gold mining company. This chart shows the average profit margin. It illustrates Newmont's business, whose profitability is directly dependent on the price of gold. Gold is often considered a safe haven, and its price can rise during periods of economic uncertainty, making the company's business countercyclical.
Employees in the company, segment and market as a whole
Number of employees in the company Newmont
Newmont Corporation is the world's largest gold mining company, with assets on several continents. This chart shows a global team operating in a challenging environment. Headcount is driven by gold prices and the company's mergers and acquisitions strategy, a key driver of growth in this industry.
Share of the company's employees Newmont within the market segment - Metal drag
This indicator illustrates Newmont Corporation's status as the world's largest gold producer. Its significant mining workforce is spread across large mines on several continents. This human resource ensures the extraction of the precious metal, which serves as both a defensive asset and an industrial component.
Number of employees in the market segment - Metal drag
Newmont Corporation is the world's largest gold mining company. Developing deposits, often in remote areas, requires the creation of extensive infrastructure and the employment of thousands of employees. This chart reflects the capital and labor intensity of precious metals mining, where Newmont is one of the largest global employers.
Number of employees in the market as a whole
Newmont (NEM) is the world's largest gold mining company. Gold is a unique asset that doesn't generate cash flow, but rather serves as a hedge against inflation and geopolitical risks. This total employment chart often has an inverse correlation with the price of gold. When the economy (employment) is in trouble, investors flee to gold, boosting Newmont's earnings.
Market capitalization per employee (in thousands of dollars) of the company, segment, and market as a whole
Market capitalization per employee (in thousands of dollars) of the company Newmont (NEM)
Newmont is the world's largest gold mining company. Like other mining companies, its per-employee capitalization is high, reflecting primarily the value of its gold reserves rather than labor productivity.
Market capitalization per employee (in thousands of dollars) in the market segment - Metal drag
Newmont (NEM) is the world's largest gold mining company. It's a demanding business, requiring massive capital investment and a large workforce to operate in challenging environments around the world. This metric reflects the market cost per employee, which is directly tied to the volatile price of gold.
Market capitalization per employee (in thousands of dollars) for the overall market
Newmont is the world's largest gold mining company. This chart, like that of other mining companies, reflects the value of its assetsโits mines and gold reserves. The per-employee valuation here is heavily dependent on global gold prices and the efficiency of its mining operations, which determine the company's profitability.
Profit per employee (in thousands of dollars) for the company, segment, and market as a whole
Profit per employee (in thousands of dollars) of the company Newmont (NEM)
Newmont (NEM) is the world's largest gold mining company. Like other miners, their business is capital-intensive and dependent on commodity prices. This chart shows gold mining profitability. Profit per employee is a direct result of two factors: operational efficiency (the cost of mining an ounce) and the global gold price.
Profit per employee (in thousands of dollars) in the market segment - Metal drag
Newmont (NEM) is a major gold miner. This chart shows the benchmark for "Metal Drag" (Mining). In this sector, earnings per employee are entirely dependent on global gold prices. Unlike copper, this benchmark often rises during crises (gold is a safe haven asset) and is also dependent on operating expenses (AISC).
Profit per employee (in thousands of dollars) for the market as a whole
Newmont Corporation is the world's largest gold mining company. Like other miners, its financial performance is closely tied to the price of gold, which is often considered a safe haven. This chart helps assess how the company manages its costs and generates profit per employee amid commodity market volatility.
Sales to employees of the company, segment and market as a whole
Sales per company employee Newmont (NEM)
Newmont Corporation is the world's largest gold mining company. This chart shows productivity in an industry where revenue is directly dependent on the gold price and production volumes. High revenue per employee is achieved through the operation of large open pits and mines, not through headcount.
Sales per employee in the market segment - Metal drag
Newmont is the world's largest gold mining company. This chart shows the average revenue per employee in the segment. Productivity in gold mining is highly dependent on the gold grade in the ore and the operational efficiency of the mines. This metric compares Newmont to other precious metals miners.
Sales per employee for the market as a whole
Newmont (NEM) is the world's largest gold mining company. Their business involves exploring, developing, and operating gold mines worldwide. For a gold miner, this metric is directly linked to the price of gold and the operational efficiency of their mines (how much gold they can extract from a ton of ore).
Short shares by company, segment and market as a whole
Shares shorted by company Newmont (NEM)
Newmont is the world's largest gold mining company. The bearish sentiment evident in this chart is a direct bet against the price of gold. Investors anticipating rising interest rates (making gold less attractive) or a stronger dollar will be bearish on Newmont, as well as pointing to the risks of cost inflation in mining.
Shares shorted by market segment - Metal drag
Newmont is the world's largest gold producer. The company's business is a bet on the price of gold, which often rises during times of uncertainty and inflation. This chart shows the overall sentiment in the sector. It reflects investor bets that the gold price has peaked or that rising production costs will eat into the profit margins of all gold miners.
Shares shorted by the overall market
Newmont is the world's largest gold producer. The company's business paradoxically benefits from market turmoil. This chart measures the overall level of fear and pessimism among investors. When it rises, confidence in the financial system declines, and investors flock to the "eternal" safe haven assetโgold. This directly boosts Newmont's earnings.
RSI 14 indicator for a company, segment, and market as a whole
The company's RSI 14 indicator Newmont (NEM)
Newmont (NEM) is the world's largest gold miner. This chart measures momentum, which correlates almost perfectly with the gold price. "Overbought" (above 70) reflects panicked demand for gold as a safe haven during periods of high inflation or geopolitical fear. "Oversold" (below 30) represents panic, when investors flee gold for riskier assets or the dollar amid rising real rates.
RSI 14 Market Segment - Metal drag
Newmont (NEM) is the world's largest gold mining company. Their business is not only about operational efficiency but also a direct bet on the price of gold. This indicator reflects the overall sentiment in the precious metals sector. It helps understand whether NEM is overheated due to rising gold prices (as an inflation hedge) or is this a general sector-wide rally?
RSI 14 for the overall market
Newmont (NEM) is one of the world's leading gold miners. Gold is a unique asset. It's neither industrial nor technological. It's a "fear currency." Therefore, Newmont's business often defies this trend. When the market is panicked and oversold, investors flee to gold, driving up its price and NEM's earnings.
Analyst consensus forecast for the company's share price, the segment, and the market as a whole
Analyst consensus stock price forecast NEM (Newmont)
The average price target on this chart represents Wall Street's bet on the price of gold. Newmont is the largest gold miner. Analysts' price targets are directly related to their gold forecasts and the successful integration of recent M&A deals (Newcrest). The consensus is that gold will remain a safe haven asset amid inflation and geopolitical instability.
The difference between the consensus estimate and the actual stock price NEM (Newmont)
Newmont is the world's largest gold mining company. Their business is directly dependent on the price of gold, which is often used as a safe haven. This chart reflects analysts' views on the future price of gold and the company's ability to control production costs. It shows the gap between the consensus valuation estimate and the current share price.
Analyst consensus forecast for stock prices by market segment - Metal drag
Newmont (NEM) is the world's largest gold mining company. Its shares are often viewed as a hedge against inflation and market volatility. This chart shows analysts' overall expectations for the entire precious metals sector. It reflects whether experts believe gold prices will continue to rise or decline.
Analysts' consensus forecast for the overall market share price
Newmont (NEM) is the world's largest gold mining company. Gold is a safe haven asset. This chart of overall market sentiment often has an inverse correlation with gold prices. When the market is pessimistic and fears inflation or recession, investors flee to gold, boosting Newmont's earnings. When the market is optimistic, demand for gold falls.
AKIMA index of the company, segment and market as a whole
AKiMA Company Index Newmont
Newmont (NEM) is the world's largest gold mining company, with diversified assets across several continents. Their business is simple: mine gold and sell it. This chart is one of the clearest proxy indicators for investors seeking exposure to the price of gold, which is often used as a safe haven during times of inflation and uncertainty.
AKIMA Market Segment Index - Metal drag
Newmont is the world's largest gold mining company, with diversified assets across several continents. This comprehensive index evaluates companies. The chart shows the sector average. This benchmark: how does Newmont's global scale and focus on gold as a safe haven differentiate it from the average industry peer?
The AKIM Index for the overall market
Newmont Corporation is the world's largest gold miner, with assets on several continents. Gold is a unique asset, often seen as a hedge against inflation and geopolitical risks. This chart, showing the market average, is important for context. It helps assess how Newmont, whose business is tied to the price of gold, compares to the overall macroeconomic picture (gold often moves counter to the market).