Newmont(NEM)

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Here's Why Newmont Corporation (NEM) is a Strong Momentum Stock
ZACKS· 2024-09-24 14:56
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores. ...
Newmont Corporation (NEM) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-09-23 22:56
In the latest trading session, Newmont Corporation (NEM) closed at $54.48, marking a +0.02% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.28% for the day. Elsewhere, the Dow gained 0.15%, while the tech-heavy Nasdaq added 0.15%.The gold and copper miner's shares have seen an increase of 4.67% over the last month, surpassing the Basic Materials sector's gain of 1.99% and the S&P 500's gain of 2%.Investors will be eagerly watching for the performance of Newmont ...
After Newmont acquisition spree, COO Natascha Viljoen says margin expansion is focus
KITCO· 2024-09-20 17:55
Michael McCraeMichael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.Paul Harris Paul has more than 20 years of experience in the mining sector in investor relations, communications, research ...
Newmont Sells Telfer and Havieron to Greatland Gold for $475M
ZACKS· 2024-09-11 17:20
Newmont Corporation (NEM) announced the sale of its Telfer operation, its 70% stake in the Havieron gold-copper project and other related assets in Australia’s Paterson region to Greatland Gold plc. This transaction, part of the company’s broader strategy to divest non-core assets, is expected to close in fourth-quarter 2024 and subject to certain conditions.Per the agreement, Newmont is expected to receive up to $475 million in gross proceeds. This will consist of $207.5 million in cash at closing, $167.5 ...
Is It Worth Investing in Newmont (NEM) Based on Wall Street's Bullish Views?
ZACKS· 2024-09-10 14:36
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Newmont Corporation (NEM) .Newmont currently has an average brokerage reco ...
Does Newmont's 25% Gain in 3 Months Justify Buying the Stock Now?
ZACKS· 2024-09-10 13:01
Newmont Corporation’s (NEM) shares have rallied 24.8% in the past three months, outperforming the Zacks Mining – Gold industry’s rise of 12.4%. Forecast-topping earnings performance in the second quarter on the back of higher selling prices and production, along with a surge in gold prices, has contributed to the run-up in NEM’s shares.The stock is currently trading at a roughly 6% discount to its 52-week high of $53.88, reached on Aug. 30, 2024. Technical indicators show that NEM has been unremittingly tra ...
Is Newmont (NEM) Outperforming Other Basic Materials Stocks This Year?
ZACKS· 2024-09-09 14:40
Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Newmont Corporation (NEM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Newmont Corporation is a member of the Basic Materials sector. This group includes 236 individual stocks and currently holds a Zacks Sector Rank of ...
Gold Terra extends option agreement with Newmont for Con Mine
Proactiveinvestors NA· 2024-09-09 13:37
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Newmont Corporation (NEM) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-09-05 22:56
Newmont Corporation (NEM) closed at $51.93 in the latest trading session, marking a +0.62% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.3%. Meanwhile, the Dow lost 0.54%, and the Nasdaq, a tech-heavy index, added 0.25%.Heading into today, shares of the gold and copper miner had gained 11.23% over the past month, outpacing the Basic Materials sector's loss of 0.14% and the S&P 500's gain of 3.42% in that time.The investment community will be paying close attention to the earnings ...
Here's Why Newmont Corporation (NEM) Gained But Lagged the Market Today
ZACKS· 2024-08-30 22:50
In the latest market close, Newmont Corporation (NEM) reached $53.39, with a +0.39% movement compared to the previous day. This move lagged the S&P 500's daily gain of 1.01%. Elsewhere, the Dow saw an upswing of 0.55%, while the tech-heavy Nasdaq appreciated by 1.13%.Shares of the gold and copper miner have appreciated by 7.33% over the course of the past month, outperforming the Basic Materials sector's gain of 0.78% and the S&P 500's gain of 2.5%.Investors will be eagerly watching for the performance of N ...