Why Newmont Stock Sizzled to a 52-Week High Today

Analysts expect the gold stock to rise even higher.Shares of Newmont (NEM +5.47%) were shining bright this morning, rising 4.7% higher as of 11:15 a.m. ET Thursday and hitting a 52-week high of $99.21 per share. Gold prices are firming up after the Federal Reserve cut interest rates, and at least two analysts believe Newmont stock could rise by more than 25% from here. Newmont is making the most of high gold pricesThe Federal Reserve cut interest rates on Wednesday for the third time in 2025, driving the pr ...