Stock Comparison

HYMC vs NEM

Hycroft Mining Holding Corporation vs Newmont Corporation

Who's the better investment? Let's break it down.

The Verdict

HYMC takes this one.

It's not even close. HYMC outscores NEM by 6.1 points. That's a significant gap in our deep value framework.

Winner

HYMC

Hycroft Mining Holding Corporation

7.1

out of 10

Solid Pick

NEM

Newmont Corporation

1.0

out of 10

Distressed

Want to compare any two stocks?

Valuation

HYMC

Metric

NEM

$3.3B

Market Cap

$130.0B

-6.4

P/E Ratio

Lower may indicate better value

17.4

N/A

Forward P/E

12.0

N/A

Price/Book

2.2

N/A

EV/EBITDA

5.2

Profitability & Growth

HYMC

Metric

NEM

-183.1%

Profit Margin

31.7%

-44.0%

Gross Margin

58.0%

-145.8%

Operating Margin

58.0%

-13.2%

Return on Equity

45.0%

-20.7%

Return on Assets

22.0%

N/A

Revenue Growth

21.0%

$-1.22

EPS

$6.78

Financial Health

HYMC

Metric

NEM

11.2

Debt-to-Equity

Lower = less leverage

0.1

9.5

Current Ratio

Above 1.0 is healthy

1.8

2.7

Beta

Lower = less volatile

1.3

None

Dividend Yield

1.8%

Risk Comparison

HYMC

Overall

Aggressive

Financial

High

Market

Medium

Competitive

Low

Execution

High

Regulatory

Medium

What Could Go Wrong

The company could fail to secure the substantial project financing required for mine development, especially if the upcoming Initial Assessment does not demonstrate compelling economics or if metallur...

Red Flags

🚩Significant increase in Q1 2026 net loss ($48.3M vs $11.8M YoY, a 309% increase)
🚩General & Administrative (G&A) expenses ballooned to $34.2M in Q1 2026 from $2.9M in Q1 2025.
🚩Lack of operating revenue and current heavy cash burn ($48.3M net loss in Q1) makes profitability pa...

NEM

Overall

Moderate

Financial

Low

Market

Medium

Competitive

Low

Execution

Low

Regulatory

Medium

What Could Go Wrong

The biggest risk for Newmont is a substantial and sustained decline in commodity prices, particularly gold and copper. Given its capital-intensive nature, even with strong operational performance, low...

Red Flags

🚩Valuation metrics (P/E 17.14x, P/S 3.7x) generally above sector medians, suggesting limited upside p...
🚩Dependence on volatile global commodity prices for revenue growth rather than internal disruptive in...
🚩Inherently capital-intensive business model limits exponential scalability for 10x growth potential.

Competitive Moat

HYMC

Rating

🛡️ Narrow

Trend

📈 Expanding

Cost Advantages (potential for large-scale, low-cost production once operational)Intangible Assets/IP (unique geological characteristics of deposit, proprietary metallurgical processing knowledge being developed)Efficient Scale (the sheer size and potential throughput of the Hycroft project)

NEM

Rating

🛡️ Wide

Trend

➡️ Stable

Cost AdvantagesEfficient ScaleIntangible Assets/IP (related to exploration and mining expertise)

Investment Thesis

HYMC7.1/10

Hycroft Mining presents a compelling, albeit high-risk, investment thesis predicated on unlocking one of the largest undeveloped gold and silver deposits in a premier mining jurisdiction. With robust strategic backing, a recently expanded resource estimate, and a critical Initial Assessment report expected in Q2 2026, the company is strategically positioned for significant value accretion as it de...

Full HYMC Analysis

NEM1.0/10

Newmont Corporation is a highly stable, dividend-paying leader in the global gold and copper mining sector. Its strong financial performance (record FCF in 2025), robust balance sheet, and commitment to shareholder returns (buybacks, raised dividends) make it an attractive investment for commodity exposure, income, and moderate capital appreciation, particularly in an environment of sustained high...

Full NEM Analysis

Price Targets & Strategy

Price Targets & Entry/Exit Strategy

Growth Catalysts

Growth Catalysts Comparison

Market Sentiment

Market Sentiment Analysis

The Deep Dive

HYMC7.1/10

Hycroft Mining Holding Corporation continues to be a high-risk, high-reward opportunity with significant 10x potential. The score has increased from 6.5/10 to 7.1/10 primarily due to significant progress on resource definition and strong upcoming catalysts. The Q1 2026 report confirmed a 55% increase in Measured & Indicated (M&I) gold and silver resources, substantially de-risking the underlying asset. The expectation of an Initial Assessment Technical Report (TR) with economics in Q2 2026 provi...

Full HYMC Analysis

NEM1.0/10

Newmont Corporation remains the global leader in gold production, further bolstered by its significant copper assets and strategic acquisitions. The company reported record free cash flow ($7.3 billion) and strong net income ($7.2 billion) for full year 2025, enabling substantial shareholder returns through buybacks and increased dividends. While these indicators reflect excellent performance for a mature, capital-intensive mining company and demonstrate strong financial health and capital alloc...

Full NEM Analysis

Want More Comparisons?

Run any stock through our deep value analyzer.

Analyze Any Stock →View Top 100 →

Not Financial Advice

This comparison is for educational purposes only. We are not financial advisors. Always do your own research and consult a qualified financial advisor before making investment decisions.