Newmont (MIL:1NEM) Beta: N/A (As of Jun. 26, 2026)


MIL:1NEM Newmont Corp MIL:1NEM
59 GF Score
Price €84.18
GF Value €64.09
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Newmont Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Newmont's Beta is Not available.

Newmont  (MIL:1NEM) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Newmont Beta Related Terms

Newmont Beta Historical Data

* Premium members only.

The historical data trend for Newmont's Beta can be seen below:

* 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.

Newmont Beta Chart

Newmont Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
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Newmont Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
MIL:1NEM
59GF Score
Newmont Corp MIL:1NEM
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Newmont Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Is Newmont (MIL:1NEM) Overvalued in 2026?

Based on GuruFocus' analysis, Newmont stock appears to be overvalued. The current stock price of €84.18 is trading 31.3% above its estimated GF Value™ of €64.09. GuruFocus considers Newmont to be Significantly Overvalued.

Key valuation signals for MIL:1NEM:

  • Beta: N/A
  • GF Value™: €64.09 vs. price of €84.18 (31.3% above fair value)
  • GF Score™: 59/100 with 2 warning signs

No single metric tells the full story. See the MIL:1NEM 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.
59GF Score

Get the complete analysis for MIL:1NEM

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€84.18
Price
€64.09
GF Value