5 Best Long-Term ASX Stocks to Buy Right Now

In this article, we will list the 5 Best Long-Term ASX Stocks to Buy Right Now. Please visit 8 Best Long-Term ASX Stocks to Buy Right Now if you’d like to see an extended list and how we came up with the list of best long-term ASX stocks to buy.

5. Newmont Corporation (NYSE:NEM)

With strong revenue growth projections, Newmont Corporation (NYSE:NEM) secures a spot on our list of the best long-term ASX stocks to buy right now.

Image by Csaba Nagy from Pixabay

On April 16, 2026, Newmont Corporation (NYSE:NEM) saw National Bank downgrade its stock to “Sector Perform” from “Outperform” with a price target of $130 (-$10). The revised outlook reflects rising costs tied to higher diesel prices, alongside a new tax framework in Ghana and ongoing disruption at the Cadia mine. The firm also believes lower production at Boddington related to wildfires, scheduled downtime at Nevada Gold Mines, and higher operating costs in Ghana are expected to adversely impact Newmont’s Q1 EBITDA.

As of the National Bank update, Newmont Corporation (NYSE:NEM) has roughly 20% upside potential, with a $144 price target. Over 80% of covering analysts maintain bullish ratings on the stock.

Cadia experienced a 4.5 magnitude earthquake near its site in New South Wales, prompting a pause in underground operations.

Newmont Corporation (NYSE:NEM) reported that all workers were brought to the surface safely, with no injuries reported. However, by April 16, 2026, management reported limited underground damage, while surface infrastructure remained intact and processing recovered. Meanwhile, near-term production was unaffected.

Management added that the underground evaluation is still ongoing.

Newmont Corporation (NYSE:NEM), headquartered in Denver, Colorado, is a key player in gold mining. The company’s broad portfolio comprises world-class gold and copper assets in North and South America, Australia, and Africa.