Newmont Corporation (NEM) closed the most recent trading day at $44.13, moving -0.85% from the previous trading session. This move lagged the S&P 500's daily gain of 0.1%. At the same time, the Dow lost 0.08%, and the tech-heavy Nasdaq gained 0.28%.The gold and copper miner's shares have seen an increase of 10.28% over the last month, surpassing the Basic Materials sector's loss of 0.98% and the S&P 500's gain of 4.08%.The investment community will be paying close attention to the earnings performance of Ne ...

Newmont Corporation’s (NEM) shares have racked up a 12.2% gain in the past three months, outperforming the Zacks Mining – Miscellaneous industry’s decline of 1.8% and the broader Zacks Basic Materials sector’s decrease of 6.5%. It has also topped the S&P 500’s 7.6% rise over the same period. The bullishness appears to have been catalyzed by expectations of solid earnings in the second quarter on the back of a rally in gold prices.The stock is currently trading at a roughly 3% discount to its 52-week high of ...

Newmont Corporation (NEM, Financial) released its first-quarter earnings on April 25. It was a significant quarter because the Newcrest acquisition was finalized on Nov. 6, 2023, so metals production fully reflects the merger's completion. Metal production included only partial production from Newcrest in the fourth quarter of 2023.Most revenues in the first quarter came from gold, but copper and silver also contributed significantly.As a reminder, on Feb. 22, 2023, Newmont announced 2023 mineral reserves f ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Newmont Corporation (NEM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Newmont currently has an average brokerage recommenda ...

style-photography Over the last few years, I've discussed the bullish fundamentals for gold that would drive the metal much higher in price (5 Reasons Why Investors Should Have Some Exposure To Gold and Gold: Third Time's The Charm). The fair value of gold in USD is determined by the U.S. money supply. Before the pandemic, M2 - a broad measure of money stock - had increased at an average annual rate of 5-10% in the U.S. As a response to the economic deterioration caused worldwide by the outbreak of COVID-19 ...

In the latest market close, Newmont Corporation (NEM) reached $41.90, with a -1.64% movement compared to the previous day. This move lagged the S&P 500's daily gain of 0.09%. Elsewhere, the Dow lost 0.1%, while the tech-heavy Nasdaq added 0.16%.The the stock of gold and copper miner has risen by 1.48% in the past month, leading the Basic Materials sector's loss of 3.97% and undershooting the S&P 500's gain of 2.83%.Analysts and investors alike will be keeping a close eye on the performance of Newmont Corpor ...

Newmont Corporation (NEM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this gold and copper miner have returned +3.8%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Mining - Miscellaneous industry, which Newmont falls in, has lost 7.9%. The key question now is: What could be the stock's future direction?Although ...

TORONTO, June 19, 2024 (GLOBE NEWSWIRE) -- White Gold Corp. ((TSX.V: WGO, OTCQX:WHGOF, FRA: 29W)) (the "Company") is pleased to announce plans for its fully funded 2024 exploration program on its district scale 315,000-hectare land package, representing approximately 40% of the emerging White Gold District (the "District") in Yukon, Canada. The Company's district scale land package hosts it flagship White Gold Project comprised of 16 million tonnes averaging 2.23 g/t Au for 1,152,900 ounces of gold in the I ...

The latest trading session saw Newmont Corporation (NEM) ending at $40.65, denoting a -1.57% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.27%. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, added 0.88%.The gold and copper miner's shares have seen a decrease of 2.73% over the last month, not keeping up with the Basic Materials sector's loss of 2.41% and the S&P 500's gain of 2.85%.Analysts and investors alike will be keeping a clo ...

Newmont Corporation (NEM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this gold and copper miner have returned -5% over the past month versus the Zacks S&P 500 composite's +3.3% change. The Zacks Mining - Miscellaneous industry, to which Newmont belongs, has lost 1.4% over this period. Now the key question is: Where could the stock be headed in the ne ...