NEM Stock Recent News

Gold miner Newmont Corporation (NYSE:NEM)  is one of the best stocks on the New York Stock Exchange (NYSE) today, last seen up 3.6% to trade at $52.55.

NEM is selling its Telfer operation and Havieron project to Greatland Gold plc as part of its non-core asset divestiture strategy.

DENVER--(BUSINESS WIRE)--Newmont Announces Agreement to Divest Telfer and Havieron for Up to $475M.

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?

Here is how Newmont Corporation (NEM) and Sylvamo Corporation (SLVM) have performed compared to their sector so far this year.

Gold Terra Resource Corp (TSX-V:YGT, OTCQX:YGTFF) announced it has extended its option agreement with Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM) subsidiaries to purchase the Con Mine, a historically significant gold-producing asset in the Yellowknife Gold Belt. The revised agreement gives Gold Terra an additional two years, for a total of six years, to meet the necessary conditions for the purchase of Miramar Northern Mining Ltd.

VANCOUVER, BC / ACCESSWIRE / September 9, 2024 / Gold Terra Resource Corp. (TSX-V:YGT)(Frankfurt:TX0)(OTCQX:YGTFF) ("Gold Terra" or the "Company") is pleased to announce it has extended its four (4) year definitive option agreement (the "Option Agreement") with Newmont Canada FN Holdings ULC ("Newmont FN") and Miramar Northern Mining Ltd. ("MNML"), both wholly owned subsidiaries of Newmont Corporation ("Newmont"), to a six (6) year agreement which grants Gold Terra the option, upon meeting certain minimum requirements, to purchase MNML from Newmont FN (the "Transaction"), which includes 100% of all the assets, mineral leases, Crown mineral claims, and surface rights comprising the Con Mine, as well as the areas immediately adjacent to the Con Mine, as shown in Exhibit A (the "Con Mine Property").

The latest trading day saw Newmont Corporation (NEM) settling at $51.93, representing a +0.62% change from its previous close.

It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. ERIE, SFM, NEM and UL are well-poised to gain.

Gold prices are on the move again, solidifying gains after second-quarter gross domestic product (GDP)  showed upwardly-revised growth.