Investing in Gold: Why Newmont Corporation (NEM) is a Top Value Stock for Long-Term Investors

In today's stock market, investors of all ages and experience levels share a common goal: to take full advantage of the market and invest with confidence. Many investors rely on a specific methodology to guide their buy and sell decisions, and one such method is the Zacks Style Scores. These indicators rate stocks based on three popular investing types: value, growth, and momentum. In this article, we will focus on the value investing approach and why it's important to pay attention to Newmont Corporation (NEM), a leading global gold mining company. Value investors are always on the lookout for good stocks at good prices, especially before the broader market catches on to a stock's true value. The Value Style Score is a tool that helps identify the most attractive and most discounted stocks by using ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow. Newmont Corporation, based in Greenwood Village, Colorado, is one of the largest gold mining companies in the world. The company has numerous advanced exploration and development projects across five continents and a portfolio of world-class gold and copper assets in 15 countries. NEM is a Zacks Rank #3 (Hold) stock with a Value Style Score of A and a VGM Score of A. NEM's current forward P/E ratio for the current fiscal year is 11.5X, compared to the Mining - Gold industry's P/E ratio of 13.1X. Additionally, NEM has a PEG Ratio of 0.4 and a Price/Cash Flow ratio of 8X, making it an attractive value investment. Its Price/Sales ratio of 2.6X also indicates that the company is trading at a discount compared to its industry peers. NEM's earnings performance is also impressive for value investors. For fiscal 2025, four analysts have revised their earnings estimate higher in the last 60 days for NEM, while the Zacks Consensus Estimate has increased $0.15 to $3.49 per share. NEM also holds an average earnings surprise of 10%. With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly consider adding NEM to their portfolios. In conclusion, Newmont Corporation (NEM) is a top pick for value investors due to its strong valuation metrics, impressive earnings performance, and top-tier Style Scores. Don't miss out on this opportunity to invest in a leading global gold mining company with a proven track record of success.