If You Invested $1000 in Newmont Corporation a Decade Ago, This is How Much It'd Be Worth Now

For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.What if you'd invested in Newmont Corporation (NEM) ten years ago? It may not have been easy to hold on to NEM for all that time, but if you did, how much would your investment be worth today?Newmont Corporation's Business In-DepthWith that in mind, let's take a look at Newmont Corporation's main business drivers.Colorado-based Newmont Corporation is one of the world's largest producers of gold with several active mines in Nevada, Peru, Australia and Ghana. As of Dec 31, 2024, Newmont had gold mineral reserves of 134.1 million ounces. Its attributable gold production for 2024 was around 6.8 million ounces.Newmont’s operating segments are North America, South America, Australia and Africa.The North America segment has operations in Mexico, Canada and in the United States in both Colorado and Nevada. The South America segment is represented by operations in Suriname, Peru, Argentina and Dominican Republic. The Australia segment consists of Boddington and Tanami. Newmont fully owns and operates the Tanami mine. It also owns 100% of the Boddington mine. The Africa segment operations are represented by the fully-owned Ahafo and Akyem mines in Ghana.The company closed the sale of its 48.5% ownership interest in PT Newmont Nusa Tenggara (PTNNT), which operates the Batu Hijau copper and gold mine in Indonesia, to PT Amman Mineral Internasional (PTAMI) on Nov 2, 2016. The asset’s name is now changed to PT Amman Mineral Nusa Tenggara (PTAMNT).The company, in February 2014, completed the sale of its Midas underground operation and mill complex to Klondex Mines Ltd. The company, in March 2014, also sold its 5.4% equity interest in Paladin Energy Ltd. through a block sale deal with UBS Australia. Moreover, the company, in July 2014, completed the sale of its Jundee underground gold mine in Australia to Northern Star Resources for roughly $91 million. The company also completed the sale of its 44% stake in the Penmont joint venture in Mexico in October 2014 to Fresnillo plc for $477 million.On Apr 18, 2019, Newmont completed the acquisition of all of the outstanding common shares of Goldcorp in a stock-for-stock transaction. The deal provides the company an investment-grade balance sheet and financial flexibility to pursue promising projects. Newmont also completed the purchase of Newcrest Mining Limited on Nov 6, 2023, creating an industry-leading portfolio of assets. Bottom LineAnyone can invest, but building a successful investment portfolio takes a combination of a few things: research, patience, and a little bit of risk. So, if you had invested in Newmont Corporation a decade ago, you're probably feeling pretty good about your investment today.According to our calculations, a $1000 investment made in September 2015 would be worth $4,612.49, or a gain of 361.25%, as of September 19, 2025, and this return excludes dividends but includes price increases.Compare this to the S&P 500's rally of 238.71% and gold's return of 207.32% over the same time frame.Looking ahead, analysts are expecting more upside for NEM.Earnings estimates for Newmont for the third quarter have been going up over the past month. The company is making notable progress with its growth projects. It is likely to gain from several projects, including the Tanami expansion. The acquisition of Newcrest also created an industry-leading portfolio and provided opportunities for significant synergies. The company also remains focused on improving operational efficiency and returning value to shareholders. However, it is grappling with higher production costs, reflected by higher costs applicable to sales (CAS) and all-in-sustaining costs (AISC). Elevated sustaining capital spending, along with a projected increase for 2025, have raised concerns about Newmont's cash flow. Higher general and administrative (G&A) expenses may also impact margins.Over the past four weeks, shares have rallied 11.74%, and there have been 8 higher earnings estimate revisions in the past two months for fiscal 2025 compared to none lower. The consensus estimate has moved up as well.Higher. Faster. Sooner. Buy These Stocks NowA small number of stocks are primed for a breakout, and you have a chance to get in before they take off.At any given time, there are only 220 Zacks Rank #1 Strong Buys. On average, this list more than doubles the S&P 500. We’ve combed through the latest Strong Buys and selected 7 compelling companies likely to jump sooner and climb higher than any other stock you could buy this month.You'll learn everything you need to know about these exciting trades in our brand-new Special Report, 7 Best Stocks for the Next 30 Days.Download the report free now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Newmont Corporation (NEM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks