Newmont (FRA:NMM) 6-Month Price Index: 1.09 (As of Sep. 13, 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:NMM Newmont Corp FRA:NMM
80 GF Score
Price €109.64
GF Value €69.59
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Newmont 6-Month Price Index?

Newmont FRA:NMM +2.28% 80 6-Month Price Index is 1.09 as of Sep. 13, 2026. GuruFocus rates FRA:NMM with a GF Score™ of 80/100 and a GF Value™ of €69.59 (Significantly Overvalued). The stock has 5 warning signs investors should review.

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2026-09-13), Newmont's 6-Month Price Index is 1.09.

Newmont  (FRA:NMM) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Newmont 6-Month Price Index Related Terms

FRA:NMM vs AU, RGLD, CDE: 6-Month Price Index Comparison

For the Gold subindustry, Newmont's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

FRA:NMM
80GF Score
Newmont Corp FRA:NMM
6-Month Price Index is just one metric. See GF Score™, valuation, warning signs, and more.
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Newmont  (FRA:NMM) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* 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.

Frequently Asked Questions Learn more about 6-Month Price Index →
What does a 6-Month Price Index of 1.09 mean?
Newmont (FRA:NMM) has a 6-Month Price Index of 1.09 as of Sep. 13, 2026. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. View historical data on Newmont and its competitors.
Is Newmont's 6-Month Price Index too high?
Newmont's current 6-Month Price Index is 1.09. Overall, Newmont has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Newmont's 6-Month Price Index compare to AU and RGLD?
Newmont's 6-Month Price Index of 1.09 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 6-Month Price Index for a Metals & Mining company?
A good 6-Month Price Index depends on the Metals & Mining industry context. However, 6-Month Price Index 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 6-Month Price Index mean?
A high 6-Month Price Index can signal that a stock is expensive relative to its fundamentals. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. View historical data on Newmont and its competitors. Newmont's current 6-Month Price Index is 1.09. 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 (FRA:NMM) is currently considered Significantly Overvalued. The stock's GF Value™ is €69.59, compared to a current price of €109.64 — trading 57.6% above its estimated fair value. The current 6-Month Price Index is 1.09. Newmont's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 6-Month Price Index calculated?
6-Month Price Index is calculated from a company's financial statements. For Newmont (FRA:NMM), the current 6-Month Price Index is 1.09 as of Sep. 13, 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 (FRA:NMM) Overvalued in 2026?

Based on GuruFocus' analysis, Newmont stock appears to be overvalued. The current stock price of €109.64 is trading 57.6% above its estimated GF Value™ of €69.59. GuruFocus considers Newmont to be Significantly Overvalued.

Key valuation signals for FRA:NMM:

  • 6-Month Price Index: 1.09
  • GF Value™: €69.59 vs. price of €109.64 (57.6% above fair value)
  • GF Score™: 80/100 with 5 warning signs

No single metric tells the full story. See the FRA:NMM 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.
80GF Score

Get the complete analysis for FRA:NMM

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

€109.64
Price
€69.59
GF Value