NEM:ASXNewmont Corporation Registered Shs Chess Depositary Interests Repr 1 Sh Analysis

Newmont Corporation trades at AUD 179.10, with its moving averages tangled rather than clearly stacked — a neutral trend structure. Over a rolling month the price has gained 31.8%. RSI sits at 77.5, which reads as overbought, and MACD momentum is bullish. The recent range runs from support at AUD 130.16 up to resistance at AUD 179.89.
The shares look fair at 16.0 times earnings, though no sector average was available for comparison. Revenue is growing at 15.1% on a 33.4% profit margin. The 0.84% dividend yield looks covered by current payout levels.
The composite risk read is 6/10, putting it in elevated territory. With 30-day volatility of 38.9%, a beta of 0.89 and a maximum drawdown of 31.8%, position sizing matters here. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
Near-term and long-term part ways here — hold short-term against buy longer out, with 4/10 conviction on the long call.