NEM
Market read
NEM accounts for 7.9% of the group's measured movement across 2.3 effective names. all 4 measured members are rising in raw terms, but 3 of 4 session-normalized paths align to the downside. Capital-flow agreement is 7%, so confirmation is not yet clean. No verified headline preceded the measured group move.
AUGO, KGC moved materially before NEM. NEM crossed its material path threshold at 09:50 ET, 5 minutes after the first measured mover. B followed.
4 of 4 members in Gold Mining are active. 0 of 8 disclosed connections are confirming.
Invalidation: The live read weakens if participation falls to 1 of 4 members or fewer.
Research brief
NEM accounts for 7.9% of the group's measured movement across 2.3 effective names. all 4 measured members are rising in raw terms, but 3 of 4 session-normalized paths align to the downside. Capital-flow agreement is 7%, so confirmation is not yet clean. No verified headline preceded the measured group move.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
Company research
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
“Costs applicable to sales per gold ounce decreased 26% primarily due to higher by-product credits and higher gold ounces sold, partially offset by a drawdown of stockpile inventory compared to a buildup in the prior year, higher government royalties, higher l…”10-Q · Jul 23, 2026 ↗
“Costs applicable to sales per gold ounce decreased 26% primarily due to higher by-product credits and higher gold ounces sold, partially offset by a drawdown of stockpile inventory compared to a buildup in the prior year, higher government royalties, higher l…”10-Q · Jul 23, 2026 ↗
“The actual amounts that will be reclassified to earnings will vary due to future foreign currency exchange rates.”10-K · Feb 19, 2026 ↗
“Interest expense, net of capitalized interest decreased in 2025, compared to 2024, as a result of the reduction in debt which was driven by a $2 billion debt tender for the partial redemption of certain senior notes, the full redemption of certain other senio…”10-K · Feb 19, 2026 ↗
Valuation discipline
Price/sales 6.3× · EV/sales 6.2×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 9 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
Jodie has not returned a relevant primary source or news item for NEM. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
Jodie has not yet found a suitable current-versus-prior filing comparison for NEM. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
“For example, our joint ventures, including the joint venture that combined our and Barrick Mining Corporation’s (“Barrick”) respective Nevada operations, forming NGM, pursuant to the operating agreement entered into on July 1, 2019 between Barrick, Newmont an…”
“Joint venture with Harmony Gold Mining Company Limited that is jointly operated and proportionately consolidated.”
Depended on by
“ACQUISITIONS AND DIVESTITURES Acquisitions Acquisition of Cripple Creek and Victor Gold Mine On February 28, 2025 (“Acquisition Date”), the Company acquired all of the issued and outstanding common shares of CC&V from Newmont Corporation (“Newmont”) in an all…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 11 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
NEM is currently a Early Follower in the organic co-movement group Gold Mining. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
No durable theme membership has been observed for this name yet.