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NEM Deadline: NEM Investors Have Opportunity to Lead Newmont Corporation Securities Fraud Lawsuit
Prnewswire· 2025-03-26 21:23
NEW YORK, March 26, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Newmont Corporation (NYSE: NEM) between February 22, 2024 and October 23, 2024, inclusive (the "Class Period"), of the important April 1, 2025 lead plaintiff deadline.So what: If you purchased Newmont securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.What to do next: To ...
NEM Deadline in 5 Days: Kessler Topaz Meltzer & Check, LLP Reminds Newmont Corporation (NEM) Investors of Filing Deadline in Class Action Lawsuit
Prnewswire· 2025-03-26 18:42
RADNOR, Pa., March 26, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Newmont Corporation ("Newmont") (NYSE: NEM) on behalf of those who purchased or otherwise acquired Newmont securities between February 22, 2024, and October 23, 2024, inclusive (the "Class Period"). The lead plaintiff deadline is April 1, 2025.CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Newmont losses, yo ...
Newmont Corporation Class Action: The Gross Law Firm Reminds Newmont Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 1, 2025 – NEM
GlobeNewswire News Room· 2025-03-26 15:12
NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Newmont Corporation (NYSE: NEM). Shareholders who purchased shares of NEM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/newmont-corporation-loss-submission-form/?id=138501&from=3 CLASS PERIOD: February ...
Newmont Corporation Investors: Please contact the Portnoy Law Firm to recover your losses; April 1, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-03-25 22:08
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, March 25, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Newmont Corporation ("Newmont" or the "Company") (NYSE: NEM) investors of a class action representing investors that bought securities between February 22, 2024 and October 23, 2024, inclusive (the "Class Period"). Newmont investors have until April 1, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. ...
NEM Investors Have Final Opportunity to Lead Newmont Corporation Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-03-25 13:32
LOS ANGELES, March 25, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Newmont Corporation ("Newmont" or "the Company") (NYSE: NEM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 22, 2024 and October 23, 2024, inclusive (the "Class Period") ...
NEM SHAREHOLDER ALERT: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against Newmont Corporation (NEM)
GlobeNewswire News Room· 2025-03-25 13:05
RADNOR, Pa., March 25, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the District of Colorado against Newmont Corporation (“Newmont”) (NYSE: NEM) on behalf of those who purchased or otherwise acquired Newmont securities between February 22, 2024, and October 23, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is April 1, 2025. CONTACT ...
Newmont Corporation: Copper Or Gold (Technical Analysis)
Seeking Alpha· 2025-03-24 18:35
Many times in sports we see players injured on seemingly innocent plays late in the season. Then a day or two later, the news reports that the injury is, in fact, worse than initially thought andStock Waves is a team run by Zac Mannes and Garrett Patten and includes contributing author Lyn Alden Schwartzer. Together they provide real-time Elliott Wave technical analysis, honed from more than a decade as senior analysts at Elliott Wave Trader, on dozens of selected stocks each market session.Analyst’s Disclo ...
Newmont Corporation Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information – NEM
GlobeNewswire News Room· 2025-03-21 17:34
Core Viewpoint - Newmont Corporation is facing a class action securities lawsuit due to alleged securities fraud that affected investors between February 22, 2024, and October 23, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for Newmont investors who were negatively impacted by the company's disclosures regarding disappointing EBITDA for Q3 2024, decreased production, and increased operating costs [2]. - On October 23, 2024, Newmont announced that mining operations at its two Tier 1 assets would experience lower production than previously guided, alongside expectations of higher costs, leading to a significant drop in stock price from $57.74 to $49.25 per share the following day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until April 1, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving in this role [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky has a 20-year history of securing substantial settlements for shareholders and is recognized as one of the top securities litigation firms in the United States, having ranked in ISS Securities Class Action Services' Top 50 Report for seven consecutive years [4].
Newmont Gains 28% YTD: How Should Investors Play the Stock?
ZACKS· 2025-03-21 12:27
Core Viewpoint - Newmont Corporation (NEM) has experienced a 28.3% increase in share price year to date, driven by rising gold prices due to global uncertainties and geopolitical tensions, although it has underperformed the Zacks Mining – Gold industry's 32.9% rise [1] Financial Performance - Newmont reported a liquidity position of $7.7 billion at the end of 2024, with cash and cash equivalents around $3.6 billion [5] - The company generated an operating cash flow of $6.3 billion in 2024, up from approximately $2.8 billion in 2023, with a free cash flow of $2.9 billion [5] - Shareholder returns included $1.1 billion in dividends and $1.2 billion in share repurchases under a $3 billion program in 2024 [5][7] Gold Price Dynamics - Gold prices increased by roughly 27% last year, driven by central bank demand and geopolitical tensions, reaching a record high of $3,057 per ounce recently [6] - Gold prices are up approximately 16% this year, supported by expectations of interest rate cuts and increased central bank purchases [6] Growth Initiatives - Newmont is pursuing growth projects such as the Tanami Expansion 2 in Australia and the Ahafo North expansion in Ghana, which are expected to enhance production capacity [8] - The acquisition of Newcrest Mining Limited has created a robust portfolio, yielding $500 million in annual run-rate synergies [9] Cost Challenges - Newmont faces rising production costs, with gold costs applicable to sales (CAS) increasing by about 7% year over year in 2024 [11] - All-in-sustaining costs (AISC) are projected to rise to $1,630 per ounce in 2025, up from $1,516 per ounce in 2024 [11] Earnings Outlook - Earnings estimates for Newmont have declined over the past 60 days, reflecting negative sentiment in the market [13] - The stock is currently trading at a forward 12-month earnings multiple of 14.88X, which is an 8% discount compared to the industry average of 16.18X [15] Stock Performance - Over the past year, NEM's shares have gained 41.4%, outperforming the S&P 500's rise of 8.9% but underperforming the industry's 50% increase [17]
Newmont Corporation Sued for Securities Law Violations - Contact Levi & Korsinsky Before April 1, 2025 to Discuss Your Rights - NEM
Prnewswire· 2025-03-21 09:45
Core Viewpoint - Newmont Corporation is facing a class action securities lawsuit due to alleged securities fraud that affected investors between February 22, 2024, and October 23, 2024 [1] Group 1: Lawsuit Details - The lawsuit was initiated following Newmont's disappointing third quarter 2024 EBITDA results, which included lower production and increased operating costs [2] - On October 23, 2024, Newmont's stock price dropped from $57.74 to $49.25 per share after the announcement of these results [2] Group 2: Investor Participation - Investors who suffered losses during the specified timeframe have until April 1, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require this [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Legal Firm Background - Levi & Korsinsky has a strong track record in securing compensation for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]