This Is What Whales Are Betting On Newmont - Newmont (NYSE:NEM)

Core Insights - Significant bullish sentiment observed among large investors in Newmont, with 76% bullish and 23% bearish positions noted in recent options trading [2] - The trading activity suggests a target price range for Newmont between $45.0 and $90.0 over the next three months [3] Options Trading Activity - A total of 17 uncommon options trades were detected for Newmont, with a combined value of approximately $1,948,313, including $1,038,799 in puts and $909,514 in calls [2][10] - The mean open interest for Newmont options trades is 3,569.46, with a total volume of 3,585.00 [4] Company Overview - Newmont is the world's largest gold miner, with a portfolio that includes 11 mines and interests in two joint ventures across multiple continents [11] - The company is projected to sell around 5.6 million ounces of gold in 2025, following the acquisition of Newcrest and divestment of smaller, higher-cost mines [11] Analyst Insights - Recent analysis from five industry analysts suggests an average target price of $110.1 for Newmont, with individual targets ranging from $104 to $115 [13][14]