Newmont Corporation
Newmont Corporation (XETRA: NMM) is trading at €103.64, about ₹11,327 at today's EUR/INR rate, as of 29 Sep 2026, 6:46 AM ET, up 1.59% today. Indian residents can buy Newmont from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€102.72
Today's high
€103.64
52 week low
€64.68
52 week high
€115.78
NMM opened at €102.72, closed previously at €102.02, and has traded between €64.68 and €115.78 over the past 52 weeks.
About
Newmont Corporation primarily concentrates on the extraction and discovery of gold. The company's prospecting activities also extend to other valuable metals, such as copper, silver, zinc, and lead. Its operations and asset holdings are globally distributed, encompassing locations in the United States, Canada, Mexico, the Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. By December 31, 2021, Newmont had declared proven and probable gold reserves totaling 92.8 million ounces and possessed a considerable land portfolio spanning 62,800 square kilometers. Established in 1916, the firm's main office is situated in Denver, Colorado.
Key statistics
Avg. volume
7.40K
Market cap
€109.20B
P/E Ratio
14.60
Price-to-sales ratio
5.41
Enterprise value
$118.74B
Free cash flow yield
10.44%
Debt-to-equity ratio
0.15
Return on equity
25.02%
ROIC
15.63%
Beta
0.48
Dividend yield
0.89%
Last dividend
€0.88
Financial overview
Revenue
$22.67B
Earnings per share
$6.40
Free cash flow
$7.30B
Net profit margin
38.06%
Gross margin
54.52%
EBITDA
$13.51B
Revenue growth
21.35%
Similar securities
This is not an investment recommendation
How to buy Newmont from India
Indian residents can buy Newmont shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to EUR.
Search for Newmont and place an order
Find Newmont by name or by its ticker, NMM, and choose an order type. Newmont trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Newmont position in EUR and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Newmont from India
Trading and taxes when buying Newmont from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Newmont’s current yield is 0.89%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Newmont stock?
Yes. Newmont (NMM) has been listed on XETRA since 2007, in the Gold industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Newmont share cost in rupees?
One Newmont share is €103.64 — about ₹11,327 at an EUR/INR rate of 109.29 on 28 Sep 2026. Both the Newmont price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Newmont from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Newmont shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the EUR/INR rate on the purchase and the sale date, so the rupee move counts alongside the Newmont price. Paasa issues a capital-gains statement for your return.
Does Newmont pay a dividend, and how is it taxed in India?
Yes. Newmont pays a dividend and the current yield is 0.89%; the last declared dividend was €0.88 per share, about ₹96.66. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Newmont from India?
XETRA trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
Is Newmont a Germany company, and does that change how it is taxed?
Newmont trades on XETRA in EUR, but the company is domiciled in United States. Newmont trades as an ordinary share listed directly in Germany, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Newmont shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Newmont holding, its cost and its closing value.
How do I sell Newmont and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in EUR in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.
Does the rupee rate affect what I make on Newmont?
Yes. Newmont is priced in EUR, so your rupee outcome combines the EUR move with the EUR/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.