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 ...

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. ...

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") ...

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 ...

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 ...

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].

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]

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]

Core Viewpoint - A securities class action lawsuit has been filed against Newmont Corporation for allegedly making false and misleading statements regarding its business operations and financial prospects during the specified Class Period from February 22, 2024, to October 23, 2024 [1]. Group 1: Allegations Against Newmont - The lawsuit claims that Newmont failed to disclose material adverse facts about its business, including its inability to increase gold production at key operations such as Lihir and Brucejack [2]. - It is alleged that Newmont experienced higher operating costs across its mining operations, which were not communicated to investors [2]. - The statements made by Newmont regarding its business and operational prospects are claimed to be materially false and misleading, lacking a reasonable basis throughout the Class Period [2]. Group 2: Lead Plaintiff Process - Investors in Newmont have until April 1, 2025, to seek appointment as a lead plaintiff representative for the class, or they may choose to remain absent class members [3]. - The lead plaintiff will represent all class members in directing the litigation and is typically the investor or group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3]. Group 3: Firm Information - Kessler Topaz Meltzer & Check, LLP is the law firm handling the class action and has a reputation for prosecuting class actions and recovering significant amounts for victims of corporate misconduct [4]. - The firm encourages Newmont investors who have suffered losses to contact them for more information regarding the lawsuit [4].

Core Viewpoint - Newmont Corporation is facing a class action lawsuit due to disappointing financial results and operational challenges, leading to a significant drop in its stock price [1][2]. Group 1: Allegations and Financial Impact - The class period for the lawsuit is from February 22, 2024, to October 23, 2024 [1]. - On October 23, 2024, Newmont announced disappointing EBITDA for Q3 2024, along with decreased production and increased operating costs [1]. - The company revealed that mining operations at its two Tier 1 assets would experience lower production than previously guided, with expectations of higher costs [1]. - Following the announcement, Newmont's stock price fell from $57.74 per share to $49.25 per share, a decline of approximately 14.5% [1]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by April 1, 2025, to potentially become lead plaintiffs [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case [2]. - Participation in the case incurs no cost or obligation for shareholders [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].