Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals. It has operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. The company was founded in 1916 and is headquartered in Denver, Colorado.
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Competitive advantage assessment
Key strengths
Cost Leadership PositionOperating margin at 79.1th percentile with strong OpEx control demonstrates cost leadership.
ROIC Sustainably Above PeersROIC at 68.1th percentile exceeds peers and WACC, demonstrating superior capital allocation.
The dashed ring is the peer median. Defense scores are percentile ranks
against peers, so 50 is roughly the typical company in this group.
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Newmont Corporation ranks #8 of 49
scored companies in Gold by moat score — the top 16%.
The widest moat in the group is Agnico Eagle Mines Limited (AEM)
at 78/100.
Pricing power is the ability to raise prices without losing volume.
Cost Advantage
Score 86
· 15% of the moat score
A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.
Customer Stickiness
Score 77
· 15% of the moat score
Stickiness is what makes revenue repeat without being re-won every year.
Capital Efficiency
Score 67
· 18% of the moat score
Capital efficiency asks what the company earns on the money tied up in the business.
Resilience
Score 61
· 17% of the moat score
Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.
Scale & Market Position
Score 73
· 15% of the moat score
Scale matters only when it converts into economics.
Newmont Corporation (NEM) scores 71 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #8 of 49 scored companies in Gold, the top 16%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 48 companies in Gold. Its strongest defense is Cost Advantage (86/100) and its weakest is Resilience (61/100).
How does Newmont Corporation compare with other Gold companies?
Newmont Corporation ranks #8 of 49 scored companies in Gold by moat score. The widest moat in Gold is Agnico Eagle Mines Limited (AEM) at 78/100. The companies ranked closest are Alamos Gold Inc. (AGI) at 71 just above it and Royal Gold, Inc. (RGLD) at 70 just below it.
How is the moat score calculated?
Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 48 companies in Gold. The defenses are then weighted to produce the overall score out of 100.
Why is Newmont Corporation scored with the Corporate Default template?
Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.
Which competitive defenses are measured for Newmont Corporation?
The Corporate Default template measures 6 defenses, and NEM scores: Pricing Power (65), Cost Advantage (86), Customer Stickiness (77), Capital Efficiency (67), Resilience (61), Scale & Market Position (73). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.
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