NEM Stock Recent News

Newmont Corporation's NEM shares have rallied 39.2% over the past six months, thanks to a spike in gold prices resulting from trade and geopolitical uncertainties. NEM stock has outperformed the Zacks Mining – Gold industry's 38.5% rise and the S&P 500's increase of 3.9%.

Newmont (NEM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

NEM nets $3 billion from 2025 divestitures, streamlining assets and boosting cash to fund key growth and capital return plans.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

NEM nets $470M from equity sales in Greatland and Discovery, generating $3B from 2025 divestiture target to support capital plans.

The period is undoubtedly hectic for market participants, with companies finally revealing what's transpired behind closed doors.

DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) is pleased to announce that it has executed agreements for the sale of shares in Greatland Resources Limited (“Greatland”) and Discovery Silver Corp (“Discovery”) for aggregate cash consideration of approximately $470 million, net of taxes and commissions. In February 2024, Newmont announced its intent to divest certain high-quality non-core assets, building an unparalleled portf.

Major U.S. equities indexes were mixed at midday Tuesday as tech stocks got a boost from semiconductor stocks. The tech-heavy Nasdaq climbed, while the S&P 500 and Dow dropped.

The Colorado-based gold miner is beginning the search for a permanent chief financial officer.

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