NEWMONT CORP (NYSE:NEM) – A Gold Miner Meeting Louis Navellier’s Growth Criteria

NEWMONT CORP (NYSE:NEM) surfaced in our screen based on Louis Navellier’s growth investing principles from The Little Book That Makes You Rich. The gold mining company demonstrates strong earnings momentum, improving profitability, and solid cash flow—key traits Navellier looks for in high-growth stocks.

Why NEM Fits the Little Book Strategy

• Earnings Revisions & Surprises: Analysts have raised next-quarter EPS estimates by 11.5% over the past three months. NEM has beaten earnings expectations in three of the last four quarters, with an average surprise of 18.7%.
• Sales & Earnings Growth: Revenue grew 49.5% year-over-year, while quarterly sales rose 24.5%. EPS surged 140.2% over the past year and 127.3% last quarter.
• Expanding Margins: Operating margin improved by 305.8% year-over-year, reflecting better cost control as sales climb.
• Strong Cash Flow: Free cash flow jumped 468.6% in the past year, providing financial flexibility.
• High Return on Equity: ROE stands at 16.2%, well above the 10% threshold Navellier recommends.

Fundamental Snapshot

NEM holds a fundamental rating of 7/10, with high marks for profitability (8/10) and valuation (8/10). Its margins outperform most peers, with a 35.3% operating margin (better than 89.6% of the industry). However, declining future EPS and revenue estimates (-9% and -5.3%, respectively) warrant caution.

For a deeper dive, review the full fundamental analysis of NEM.

Our Louis Navellier Little Book screener updates daily with stocks matching these growth criteria.

Disclaimer

This is not investing advice! The article highlights observations at the time of writing, but you should conduct your own analysis before making investment decisions.