Newmont Corporation

Newmont Corporation - Current Ratioverified

NEM

Price:

$103.79

Market Cap:

$110.80B

Newmont Corporation is primarily involved in the mining and exploration of gold resources. Additionally, the company undertakes prospecting for other base and precious metals, including copper, silver, zinc, and lead. Its operations and assets are geographically widespread, located across various countries such as the United States, Canada, Mexico, the Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of the close of 2021 (December 31st), Newmont reported substantial proven and probable gold reserves, totaling 92.8 million ounces, and managed a vast land portfolio covering 62,800 square kilometers. Founded in 1916, the company's corporate headquarters are situate...[Read more]

Industry

Gold

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

NEM

The Current Ratio as of June 2026 (TTM) for Newmont Corporation (NEM) is 2.44

According to Newmont Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.44. This represents a change of 8.61% compared to the average of 2.25 of the last 4 quarters.

Newmont Corporation (NEM) Historical Current Ratio (quarterly & annually)

How has NEM Current Ratio performed in the past?

The mean historical Current Ratio of Newmont Corporation over the last ten years is 2.47. The current 2.44 Current Ratio has changed 9.79% with respect to the historical average. Over the past ten years (40 quarters), NEM's Current Ratio was at its highest in in the September 2018 quarter at 4.70. The Current Ratio was at its lowest in in the December 2023 quarter at 1.25.

Quarterly (TTM)
Annual

Average

2.47

Median

2.58

Minimum

1.25

Maximum

3.62

Newmont Corporation (NEM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Newmont Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 40.56%

Maximum Annual Current Ratio = 3.62

Minimum Annual Increase = -43.75%

Minimum Annual Current Ratio = 1.25

Quarterly (TTM)
Annual
YearCurrent RatioChange
20252.2940.56%
20241.6329.94%
20231.25-43.75%
20222.23-23.22%
20212.9014.87%
20202.52-4.00%
20192.63-10.95%
20182.95-18.51%
20173.6235.59%
20162.67-24.05%

Newmont Corporation (NEM) Average Current Ratio

How has NEM Current Ratio performed in the past?

The current Current Ratio of Newmont Corporation (NEM) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.72

5-year avg

2.06

10-year avg

2.47

Newmont Corporation (NEM) Current Ratio vs. Peers

How is NEM’s Current Ratio compared to its peers?

Newmont Corporation’s Current Ratio is less than Agnico Eagle Mines Limited (3.15), greater than The Sherwin-Williams Company (0.86), less than Barrick Mining Corporation (3.06), greater than Gold Fields Limited (1.75), greater than CRH plc (1.59), greater than BHP Group Limited (1.65), greater than Rio Tinto Group (1.44), greater than Ecolab Inc. (0.99), less than Kinross Gold Corporation (2.84), less than Southern Copper Corporation (4.38),

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