Benzingaยท2025-09-15 18:45Core Viewpoint - Newmont Corp. has significantly outperformed the market in 2025, with a year-to-date increase of 106% as of September 15, driven by rising gold prices amid inflation and geopolitical tensions [1][2]. Group 1: Stock Performance - Newmont's stock has reached a 52-week high of $80.07, compared to a low of $36.86, showcasing substantial growth [6]. - The NEM/SPY ratio has nearly doubled from 0.0636 in late 2024 to 0.1205 by mid-September 2025, indicating Newmont's strong performance relative to the S&P 500 [5]. - Over the past six months, Newmont's stock has increased by 66.77%, significantly outpacing the S&P 500's 15.91% and the SPDR Gold Trust's 21.21% [7]. Group 2: Market Context - The surge in Newmont's stock is attributed to soaring gold prices, which are currently around $3,600 per ounce, driven by persistent inflation concerns and geopolitical instability [2][8]. - The SPDR Gold Trust has seen a year-to-date increase of 36.67%, but Newmont's operational leverage has enhanced its equity returns [6]. Group 3: Investment Appeal - Newmont offers a dividend yield of 1.26%, appealing to investors seeking returns in a volatile market [7]. - The company is positioned as a contrarian investment during market volatility, contrasting with the tech sector's focus on AI hype [7].