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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Newmont's current 3-Month Share Buyback Ratio was 1.30%.
Newmont (FRA:NMM) 3-Month Share Buyback Ratio Explanation
A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Newmont 3-Month Share Buyback Ratio Related Terms
FRA:NMM vs AU, RGLD, CDE: 3-Month Share Buyback Ratio Comparison
For the Gold subindustry, Newmont's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month Share Buyback Ratio 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.
Newmont 3-Month Share Buyback Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Newmont's 3-Month Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Newmont's 3-Month Share Buyback Ratio falls into.
* 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 3-Month Share Buyback Ratio of 1.30 mean?
Newmont (FRA:NMM) has a 3-Month Share Buyback Ratio of 1.30 as of Jun. 2026. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Newmont and its competitors.
Is Newmont's 3-Month Share Buyback Ratio too high?
Newmont's current 3-Month Share Buyback Ratio is 1.30. Overall, Newmont has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Newmont's 3-Month Share Buyback Ratio compare to AU and RGLD?
Newmont's 3-Month Share Buyback Ratio of 1.30 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 3-Month Share Buyback Ratio for a Metals & Mining company?
A good 3-Month Share Buyback Ratio depends on the Metals & Mining industry context. However, 3-Month Share Buyback Ratio 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 3-Month Share Buyback Ratio mean?
A high 3-Month Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Newmont and its competitors. Newmont's current 3-Month Share Buyback Ratio is 1.30. 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 €67.37, compared to a current price of €97.00 — trading 44% above its estimated fair value. The current 3-Month Share Buyback Ratio is 1.30. Newmont's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Month Share Buyback Ratio calculated?
3-Month Share Buyback Ratio is calculated from a company's financial statements. For Newmont (FRA:NMM), the current 3-Month Share Buyback Ratio is 1.30 as of Jun. 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 €97.00 is trading 44% above its estimated GF Value™ of €67.37.
GuruFocus considers Newmont to be Significantly Overvalued.
Key valuation signals for FRA:NMM:
3-Month Share Buyback Ratio: 1.30
GF Value™: €67.37 vs. price of €97.00 (44% above fair value)
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 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.
86GF Score
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3-Month Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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