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Newmont (NEM) Soars 8.4%: Is Further Upside Left in the Stock?
NEMNewmont(NEM) ZACKS·2025-04-10 13:51

Newmont Corporation (NEM) shares rallied 8.4% in the last trading session to close at 48.75.Thismovecanbeattributabletonotablevolumewithahighernumberofsharesbeingtradedthaninatypicalsession.Thiscomparestothestock′s3.648.75. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3.6% gain over the past four weeks.NEM's shares rallied on a surge in gold prices on safe-haven demand after President Trump hiked tariffs on China to 125%, stoking fears of deeper trade disruptions. This gold and copper miner is expected to post quarterly earnings of ...