Newmont (TSX:NGT) Inventories, Raw Materials & Components: C$3,398 Mil (As of Mar. 2026)

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TSX:NGT Newmont Corp TSX:NGT
85 GF Score
Price C$116.00
GF Value C$88.10
! 2 Warning Signs
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What is Newmont Inventories, Raw Materials & Components?

Newmont TSX:NGT -1.06% 85 Inventories, Raw Materials & Components is C$3,398 Mil as of Mar. 2026. GuruFocus rates TSX:NGT with a GF Score™ of 85/100 and a GF Value™ of C$88.10. The stock has 2 warning signs investors should review.

Newmont's inventories, raw materials & components for the quarter that ended in Mar. 2026 was C$3,398 Mil.

Newmont's quarterly raw materials increased from Sep. 2025 (C$3,053 Mil) to Dec. 2025 (C$3,309 Mil) and increased from Dec. 2025 (C$3,309 Mil) to Mar. 2026 (C$3,398 Mil).

Newmont's annual raw materials declined from Dec. 2023 (C$3,166 Mil) to Dec. 2024 (C$2,835 Mil) but then increased from Dec. 2024 (C$2,835 Mil) to Dec. 2025 (C$3,309 Mil).

Newmont Inventories, Raw Materials & Components Historical Data

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The historical data trend for Newmont's Inventories, Raw Materials & Components 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 Inventories, Raw Materials & Components Chart

Newmont Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Raw Materials & Components
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,027.52 2,134.20 3,166.18 2,835.15 3,309.42

Newmont Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventories, Raw Materials & Components 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 2,876.94 2,777.34 3,053.16 3,309.42 3,398.44
TSX:NGT
85GF Score
Newmont Corp TSX:NGT
Inventories, Raw Materials & Components is just one metric. See GF Score™, valuation, warning signs, and more.
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Newmont Inventories, Raw Materials & Components Calculation

Materials and components scheduled for use in making a product.

What does a Inventories, Raw Materials & Components of C$3,398 Mil mean?
Newmont (TSX:NGT) has a Inventories, Raw Materials & Components of C$3,398 Mil as of Mar. 2026. Raw materials are the components a company uses for its main products. View historical data on Newmont and its competitors.
Is Newmont's Inventories, Raw Materials & Components too high?
Newmont's current Inventories, Raw Materials & Components is C$3,398 Mil. Overall, Newmont has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Newmont's Inventories, Raw Materials & Components compare to AU and RGLD?
Newmont's Inventories, Raw Materials & Components of C$3,398 Mil 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 Inventories, Raw Materials & Components for a Metals & Mining company?
A good Inventories, Raw Materials & Components depends on the Metals & Mining industry context. However, Inventories, Raw Materials & Components 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 Inventories, Raw Materials & Components mean?
A high Inventories, Raw Materials & Components can signal that a stock is expensive relative to its fundamentals. Raw materials are the components a company uses for its main products. View historical data on Newmont and its competitors. Newmont's current Inventories, Raw Materials & Components is C$3,398 Mil. 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?
Newmont (TSX:NGT) has a current Inventories, Raw Materials & Components of C$3,398 Mil. The stock's GF Value™ is C$88.10, compared to a current price of C$116.00 — trading 31.7% above its estimated fair value. The current Inventories, Raw Materials & Components is C$3,398 Mil. Newmont's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Raw Materials & Components calculated?
Inventories, Raw Materials & Components is calculated from a company's financial statements. For Newmont (TSX:NGT), the current Inventories, Raw Materials & Components is C$3,398 Mil as of Mar. 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 (TSX:NGT) Overvalued in 2026?

Based on GuruFocus' analysis, Newmont stock appears to be overvalued. The current stock price of C$116.00 is trading 31.7% above its estimated GF Value™ of C$88.10.

Key valuation signals for TSX:NGT:

  • Inventories, Raw Materials & Components: C$3,398 Mil
  • GF Value™: C$88.10 vs. price of C$116.00 (31.7% above fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the TSX:NGT 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.
85GF Score

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Inventories, Raw Materials & Components is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$116.00
Price
C$88.10
GF Value