Grant Bishop

Tuesday, 10 November 2026 · Markets closed · Edition 20

The Index › The rest of the frame › Who holds the hard assets?

Newmont

NEM

Newmont mines and sells gold from large operations around the world. We follow it because the House View watches gold, silver and other hard assets as part of its argument about government debt and inflation.

Checked against the company's own business description in its latest annual filing. · entry updated 2026-10-19
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NEM
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Last refreshed from 10-Q filed (EDGAR)

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The living report

Bears on our standing view that this inflation comes from broken supply, not too much money. It is proved wrong if core inflation (excluding food and energy) above 3 percent for two quarters after oil falls back below $85 — that would mean the inflation has become demand-driven and the old hedge is back. Or broad-market multiples expanding while oil stays above $100 — the market disagreeing with the 1970s.

last revised 19 Oct 2026 · next scheduled disclosure not yet announced
The full report

Members: queues this company for a report on a coming night.

The market record

Free during the preview. Each figure shows only where two independent data providers, Massive and Yahoo, agree on it to the cent; a figure they do not agree on is left out. Dated, not live. It describes; it does not recommend.

Last close$125.16
close of 9 Nov 2026 · Massive and Yahoo agree
The day's range$124.58 – $127.28
9 Nov 2026 · both providers agree
52-week range$81.34 – $135.29
intraday low 21 Nov 2025 · intraday high 25 Aug 2026 · 251 sessions to 9 Nov 2026 · both providers agree
Market value$130.1 billion
the 9 Nov 2026 close × 1,039,193,185 shares outstanding on the 10-Q cover, as of 15 Oct 2026
$

Enter any price. The page shows the multiple on the forward estimate on file and where that price sits in the 52-week range. It computes; it does not recommend.

Filings

Newest first, from EDGAR. Where a piece read a filing, one line of what it said.

22 Oct 202610-Q · period ending 30 Sep 2026
22 Oct 20268-K · period ending 22 Oct 2026
20 Aug 20268-K · period ending 20 Aug 2026
13 Aug 20268-K · period ending 10 Aug 2026
23 Jul 202610-Q · period ending 30 Jun 2026
23 Jul 20268-K · period ending 23 Jul 2026
15 Jun 20268-K · period ending 15 Jun 2026
13 May 20268-K · period ending 12 May 2026
28 Apr 20268-K · period ending 24 Apr 2026
23 Apr 202610-Q · period ending 31 Mar 2026
23 Apr 20268-K · period ending 23 Apr 2026
19 Feb 202610-K · period ending 31 Dec 2025
19 Feb 20268-K · period ending 19 Feb 2026
23 Oct 202510-Q · period ending 30 Sep 2025
23 Oct 20258-K · period ending 23 Oct 2025
29 Sep 20258-K · period ending 26 Sep 2025
24 Jul 202510-Q · period ending 30 Jun 2025
24 Jul 20258-K · period ending 24 Jul 2025
14 Jul 20258-K · period ending 11 Jul 2025
2 May 20258-K · period ending 29 Apr 2025
24 Apr 202510-Q · period ending 31 Mar 2025
23 Apr 20258-K · period ending 23 Apr 2025
21 Feb 202510-K · period ending 31 Dec 2024
20 Feb 20258-K · period ending 20 Feb 2025
18 Nov 20248-K · period ending 18 Nov 2024

Where it sits in the frame

Reports next

not yet announced

Latest disclosed

10-Q · filed 2026-07-23 · period ending 2026-06-30

Read the filing

Machine-readable

/index/NEM.json

What it has disclosed

Newest first. Every figure traces to a filing; "Show sources" shows which.

21 Oct 2026Newmont Q2 2026 realized gold price: $4,414Newmont Q2-2026 results, Newmont Corporation (Form 8-K exhibit), 2026 · filing ($486 below prior quarter)
21 Oct 2026Decrease in Newmont realized price vs prior quarter: $486Newmont Q2-2026 results, Newmont Corporation (Form 8-K exhibit), 2026 · filing (decrease from prior quarter)
21 Oct 2026Newmont Q2 2026 gross price received: $4,468Newmont Q2-2026 results, Newmont Corporation (Form 8-K exhibit), 2026 · filing
21 Oct 2026Newmont Q2 2026 AISC, by-product basis: $1,621Newmont Q2-2026 results, Newmont Corporation (Form 8-K exhibit), 2026 · filing
21 Oct 2026Newmont realized price less by-product AISC, Q2 2026: $2,793source on file
21 Oct 2026Gold price assumption in Newmont gold-equivalent calculations: $4,000Newmont Q2-2026 results, Form 8-K footnotes (gold-equivalent pricing assumptions), SEC, 2026 · filing

Mentioned in

Every piece that names this company, newest first: what it said, and the standing view it bore on. Written when the piece is committed; never edited, never removed.

Same question

Other companies under Who holds the hard assets?

This entry

19 Oct 2026Entry rewritten in plain words: what the company sells, and why we follow it.
12 Oct 2026Verified against the 10-Q filed 2026-07-23 at launch.

Prices on this page are dated market records, shown free during the preview, each confirmed by two independent data providers. None is a recommendation.

Follow Newmont. The weekly piece, and a note when a filing moves it.

Record

Written according to the Grant Bishop standard — machine-researched, machine-checked, human-judged; then read and committed by the publisher. Every number traces to a filing or a dated market record; every claim carries a date and what would prove it wrong.

Verification
multi-source verified, machine-drafted, human-gated
As of
2026-07-23
Position disclosure
The publisher holds index-level U.S. equity exposure and no direct position in any single name discussed.
Not advice
General commentary for a general audience. Not advice for your situation.
Sources (12)