Newmont (ASX:NEM) Float Percentage Of Total Shares Outstanding: 87.03% (As of Jul. 01, 2026)


ASX:NEM Newmont Corp ASX:NEM
63 GF Score
Price A$131.98
GF Value A$104.63
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Newmont Float Percentage Of Total Shares Outstanding?

Newmont ASX:NEM -1.89% 63 Float Percentage Of Total Shares Outstanding is 87.03% as of Jul. 01, 2026. GuruFocus rates ASX:NEM with a GF Score™ of 63/100 and a GF Value™ of A$104.63 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Newmont's float shares is 929.11 Mil. Newmont's total shares outstanding is 1,067.55 Mil. Newmont's float percentage of total shares outstanding is 87.03%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Newmont's Insider Ownership is 0.00%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Newmont's Institutional Ownership is 2.06%.

ASX:NEM
63GF Score
Newmont Corp ASX:NEM
Float Percentage Of Total Shares Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Newmont Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

Newmont's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=929.11/1,067.55
=87.03%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Float Percentage Of Total Shares Outstanding of 87.03% mean?
Newmont (ASX:NEM) has a Float Percentage Of Total Shares Outstanding of 87.03% as of Jul. 01, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Newmont and its competitors.
Is Newmont's Float Percentage Of Total Shares Outstanding too high?
Newmont's current Float Percentage Of Total Shares Outstanding is 87.03%. Overall, Newmont has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Newmont's Float Percentage Of Total Shares Outstanding compare to AU and RGLD?
Newmont's Float Percentage Of Total Shares Outstanding of 87.03% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for a Metals & Mining company?
A good Float Percentage Of Total Shares Outstanding depends on the Metals & Mining industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Newmont and its competitors. Newmont's current Float Percentage Of Total Shares Outstanding is 87.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newmont stock overvalued right now?
Based on GuruFocus' analysis, Newmont (ASX:NEM) is currently considered Modestly Overvalued. The stock's GF Value™ is A$104.63, compared to a current price of A$131.98 — trading 26.1% above its estimated fair value. The current Float Percentage Of Total Shares Outstanding is 87.03%. Newmont's overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For Newmont (ASX:NEM), the current Float Percentage Of Total Shares Outstanding is 87.03% as of Jul. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Newmont (ASX:NEM) Overvalued in 2026?

Based on GuruFocus' analysis, Newmont stock appears to be overvalued. The current stock price of A$131.98 is trading 26.1% above its estimated GF Value™ of A$104.63. GuruFocus considers Newmont to be Modestly Overvalued.

Key valuation signals for ASX:NEM:

  • Float Percentage Of Total Shares Outstanding: 87.03%
  • GF Value™: A$104.63 vs. price of A$131.98 (26.1% above fair value)
  • GF Score™: 63/100 with 2 warning signs

No single metric tells the full story. See the ASX:NEM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Newmont Business Description

Address 6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 11 mines and interests in two joint ventures in the Americas, Africa, Australia, and Papua New Guinea. The company is expected to sell roughly 5.3 million ounces of gold in 2026 from its continuing mines after selling six higher-cost, smaller mines following the Newcrest acquisition. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves, along with significant byproduct reserves at the end of December 2025.
63GF Score

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Float Percentage Of Total Shares Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$131.98
Price
A$104.63
GF Value