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NEM vs WPM
Which Stock Would AI Choose? Newmont Corporation (NEM) vs. Wheaton Precious Metals (WPM) Stock Comparison
Key Takeaways
- NEM is the world's largest gold miner, offering direct leverage to bullion, while WPM operates a lower-risk precious metals streaming business model with historically higher cash operating margins.
- Both companies reported record or near-record results in recent quarters, lifted by elevated gold and silver prices, but their risk and volatility profiles differ meaningfully.
- WPM carries a sector-leading organic growth pipeline targeting roughly 50% production growth by 2030, whereas NEM is investing heavily in longer-dated development projects and portfolio optimization.
- Tickeron AI Verdict: Based on trend consistency, stability, margin profile, and visible growth catalysts, the AI currently favors WPM in this head-to-head stock comparison.
- For deeper context, explore NEM Major News and NEM Today's Price Move, as well as WPM Major News and WPM Today's Price Move.
- To see how automated strategies are positioning across the market, explore Trending AI Robots.
Introduction
Investors seeking exposure to gold and silver often weigh two very different paths: owning a major mining operator or holding a royalty and streaming company. This stock comparison examines NEM (Newmont Corporation), the world's largest gold producer, against WPM (Wheaton Precious Metals), the leading precious metals streaming firm. Both have benefited from strong precious metals pricing in recent market activity, yet their business models, cost structures, and risk profiles diverge considerably. This comparison is relevant for traders evaluating relative performance and market positioning, as well as for longer-term investors deciding between direct commodity leverage and a more diversified, margin-focused approach.
NEM Overview and Recent Performance
Newmont Corporation is the world's largest gold miner, with operations and assets across the Americas, Africa, Australia, and Papua New Guinea. In addition to gold, it produces copper, silver, zinc, and lead as byproducts, providing modest diversification. Recent quarters have been strong: the company reported record quarterly earnings and free cash flow, supported by higher realized gold prices and operational efficiency. Over recent weeks, NEM shares have outperformed the broader market, aided by record-high bullion prices and robust shareholder returns, including an enhanced capital allocation framework, share repurchases, and a sustainable dividend.
However, sentiment has been tempered by a few factors. Management has signaled higher unit costs in the near term, partly tied to lower silver co-product credits at Peñasquito, and the company is funding substantial development capital for longer-dated projects such as Red Chris. As a pure miner, NEM exhibits higher volatility than the broader market, moving more sharply on both up and down days in line with gold price swings.
WPM Overview and Recent Performance
Wheaton Precious Metals is the world's premier precious metals streaming company. Rather than operating mines directly, it provides upfront capital to mining partners in exchange for the right to purchase a portion of future metals output at a fixed, low cost. This streaming model typically generates some of the highest cash operating margins in the mining industry while reducing exposure to operating and capital-cost risk.
In its most recent quarter, WPM reported revenue of approximately $772 million, up 62% year over year, along with record year-to-date production, revenue, earnings, and operating cash flow. Attributable gold equivalent production rose 13% to roughly 231,000 ounces, supported by an expanded Antamina silver stream and contributions from newly operating assets. The company has also advanced a dense pipeline of catalysts, including first gold at Koné, initial deliveries from Platreef, and construction approval at Copper World, underpinning a target of roughly 50% production growth by 2030.
Trending AI Robots
Tickeron's Trending AI Robots page highlights a curated selection of automated trading strategies drawn from a much larger universe of AI trading bots that collectively trade thousands of different tickers. Because only the bots best suited to current market conditions earn a place in this section, the list offers a focused view of strategies that have recently demonstrated strength. These bots span a wide range of trading styles, strategies, timeframes, performance statistics, and ticker selections, reflecting the diversity of automated approaches available. For traders comparing assets such as NEM and WPM, reviewing Trending AI Robots can provide additional perspective on how systematic strategies are navigating the current environment.
Head-to-Head Comparison
The core contrast between these two companies is business model. NEM is an operator that bears the full weight of mining costs, capital spending, and operational risk, but captures direct upside when gold rises. WPM is a streaming company that exchanges some of that direct upside for a higher-margin, lower-cost structure and diversified exposure across multiple operators and metals, including gold, silver, palladium, and cobalt.
In terms of growth drivers, NEM is focused on portfolio optimization, debt reduction, and long-horizon projects that may not contribute for several years. WPM holds a more immediate, visible growth runway with multiple assets already transitioning into production. On risk factors, NEM faces higher operational complexity, cost inflation, and greater share-price volatility, while WPM carries moderate net debt and some exposure to partner-specific operational issues. From a market sentiment standpoint, both enjoy favorable positioning amid strong precious metals demand, though WPM's stability and margin consistency contrast with NEM's higher-beta, price-sensitive profile.
Tickeron AI Verdict
Based on observable factors, Tickeron's AI would likely favor WPM in the current environment. The streaming model offers a comparatively stable trend, superior cash operating margins, and a clearer near-term catalyst pipeline, including multiple assets moving into production and a defined path toward roughly 50% output growth by 2030. While NEM provides stronger direct leverage to gold and benefits from scale, its higher volatility, rising near-term cost guidance, and longer-dated capital commitments introduce greater uncertainty. In a probabilistic framework that weighs trend consistency, stability, and catalyst visibility alongside relative performance, WPM currently presents the more favorable risk-adjusted positioning.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is NEM is a Hold and WPM is a Buy.
NEM in +4.55% Uptrend, rising for three consecutive days on November 09, 2026
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where NEM advanced for three days, in 249 of 319 cases, the price rose further within the following month. The odds of a continued upward trend are 78%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 04, 2026. You may want to consider a long position or call options on NEM as a result. In 55 of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 70%.
The Moving Average Convergence Divergence (MACD) for NEM just turned positive on November 04, 2026. Looking at past instances where NEM's MACD turned positive, the stock continued to rise in 43 of 59 cases over the following month. The odds of a continued upward trend are 73%.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
NEM moved below its 50-day moving average on November 11, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NEM declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 66%.
NEM broke above its upper Bollinger Band on November 09, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for NEM entered a downward trend on October 30, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is 30 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 30 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 65, placing this stock better than average.
The Tickeron Price Growth Rating for this company is 36 (best 1 - 100 worst), indicating steady price growth. NEM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 38 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of 85 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of 93 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.615) is normal, around the industry mean (2.121). P/E Ratio (15.190) is within average values for comparable stocks, (-12.498). Projected Growth (PEG Ratio) (2.781) is also within normal values, averaging (2.614). Dividend Yield (0.009) settles around the average of (0.330) among similar stocks. P/S Ratio (5.144) is also within normal values, averaging (7.321).
WPM's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for WPM turned positive on November 04, 2026. Looking at past instances where WPM's MACD turned positive, the stock continued to rise in 39 of 52 cases over the following month. The odds of a continued upward trend are 75%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where WPM's RSI Oscillator exited the oversold zone, 18 of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 72%.
The Momentum Indicator moved above the 0 level on November 05, 2026. You may want to consider a long position or call options on WPM as a result. In 59 of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 74%.
Following a +8.67% 3-day Advance, the price is estimated to grow further. Considering data from situations where WPM advanced for three days, in 244 of 330 cases, the price rose further within the following month. The odds of a continued upward trend are 74%.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
WPM moved below its 50-day moving average on November 10, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WPM declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 65%.
WPM broke above its upper Bollinger Band on November 09, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for WPM entered a downward trend on October 30, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 28 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 65, placing this stock better than average.
The Tickeron SMR rating for this company is 41 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 49 (best 1 - 100 worst), indicating steady price growth. WPM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of 77 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.388) is normal, around the industry mean (2.121). P/E Ratio (30.184) is within average values for comparable stocks, (-12.498). Projected Growth (PEG Ratio) (0.400) is also within normal values, averaging (2.614). Dividend Yield (0.006) settles around the average of (0.330) among similar stocks. WPM's P/S Ratio (21.053) is slightly higher than the industry average of (7.321).
The Tickeron PE Growth Rating for this company is 83 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
NEM | WPM | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 30 | 35 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 93 Overvalued | 77 Overvalued | |
PROFIT vs RISK RATING 1..100 | 30 | 28 | |
SMR RATING 1..100 | 38 | 41 | |
PRICE GROWTH RATING 1..100 | 36 | 49 | |
P/E GROWTH RATING 1..100 | 30 | 83 | |
SEASONALITY SCORE 1..100 | 85 | 50 |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
WPM's Valuation (77) in the Precious Metals industry is in the same range as NEM (93). This means that WPM’s stock grew similarly to NEM’s over the last 12 months.
WPM's Profit vs Risk Rating (28) in the Precious Metals industry is in the same range as NEM (30). This means that WPM’s stock grew similarly to NEM’s over the last 12 months.
NEM's SMR Rating (38) in the Precious Metals industry is in the same range as WPM (41). This means that NEM’s stock grew similarly to WPM’s over the last 12 months.
NEM's Price Growth Rating (36) in the Precious Metals industry is in the same range as WPM (49). This means that NEM’s stock grew similarly to WPM’s over the last 12 months.
NEM's P/E Growth Rating (30) in the Precious Metals industry is somewhat better than the same rating for WPM (83). This means that NEM’s stock grew somewhat faster than WPM’s over the last 12 months.
| NEM | WPM | |
|---|---|---|
| RSI ODDS (%) | N/A | 2 days ago 72% |
| Stochastic ODDS (%) | 2 days ago 62% | 2 days ago 63% |
| Momentum ODDS (%) | 2 days ago 70% | 2 days ago 74% |
| MACD ODDS (%) | 2 days ago 73% | 2 days ago 75% |
| TrendWeek ODDS (%) | 2 days ago 78% | 2 days ago 73% |
| TrendMonth ODDS (%) | 2 days ago 81% | 2 days ago 64% |
| Advances ODDS (%) | 4 days ago 78% | 4 days ago 74% |
| Declines ODDS (%) | 2 days ago 66% | 2 days ago 65% |
| BollingerBands ODDS (%) | 2 days ago 65% | 2 days ago 52% |
| Aroon ODDS (%) | 2 days ago 63% | 2 days ago 69% |
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is overvalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
NEM’s FA Score shows that 2 FA rating(s) are green while WPM’s FA Score has 1 green FA rating(s).
- NEM’s FA Score: 2 green, 3 red.
- WPM’s FA Score: 1 green, 4 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
NEM’s TA Score shows that 3 TA indicator(s) are bullish while WPM’s TA Score has 4 bullish TA indicator(s).
- NEM’s TA Score: 3 bullish, 5 bearish.
- WPM’s TA Score: 4 bullish, 5 bearish.
Price Growth
NEM (@Precious Metals) experienced а +0.30% price change this week, while WPM (@Precious Metals) price change was +3.10% for the same time period.
The average weekly price growth across all stocks in the @Precious Metals industry was +0.40%. For the same industry, the average monthly price growth was -6.04%, and the average quarterly price growth was -9.36%.
Reported Earning Dates
NEM is expected to report earnings on Feb 25, 2027.
WPM is expected to report earnings on Mar 11, 2027.
Industries' Descriptions
@Precious Metals (+0.40% weekly)The Precious Metals industry is engaged in exploring/mining metals that are considered to be rare and/or have a high economic value. Popular precious metals include gold, platinum and silver - all three of which are largely used in jewelry, art and coinage alongwith having some industrial uses as well. Precious metals used in industrial processes include iridium, (used in specialty alloys), and palladium ( used in electronics and chemical applications). Historically, precious metals have traded at much higher prices than common industrial metals. Newmont Goldcorp Corp, Barrick Gold Corp and Freeport-McMoRan are few of the major precious metals producing companies in the U.S.
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NEM and
Correlation & Price change
A.I.dvisor indicates that over the last year, NEM has been closely correlated with AEM. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if NEM jumps, then AEM could also see price increases.