46.54 USD
-1.21
2.53%
At close Feb 14, 4:00 PM EST
After hours
46.65
+0.11
0.24%
1 day
-2.53%
5 days
1.17%
1 month
15.89%
3 months
14.41%
6 months
-5.29%
Year to date
21.29%
1 year
44.89%
5 years
5.60%
10 years
92.39%
 

About: Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 5.5 million ounces of gold in 2024 from its core mines and 6.8 million in total. It is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.

Employees: 21,700

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

158% more first-time investments, than exits

New positions opened: 199 | Existing positions closed: 77

65% more funds holding in top 10

Funds holding in top 10: 26 [Q2] → 43 (+17) [Q3]

24% more capital invested

Capital invested by funds: $34.2B [Q2] → $42.5B (+$8.31B) [Q3]

10% more funds holding

Funds holding: 1,106 [Q2] → 1,217 (+111) [Q3]

2% less repeat investments, than reductions

Existing positions increased: 427 | Existing positions reduced: 434

1.66% less ownership

Funds ownership: 70.84% [Q2] → 69.18% (-1.66%) [Q3]

17% less call options, than puts

Call options by funds: $1.6B | Put options by funds: $1.93B

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$50
7%
upside
Avg. target
$55
17%
upside
High target
$59
27%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
Scotiabank
Tanya Jakusconek
76% 1-year accuracy
16 / 21 met price target
7%upside
$50
Sector Perform
Maintained
21 Jan 2025
Raymond James
Brian MacArthur
46% 1-year accuracy
6 / 13 met price target
27%upside
$59
Outperform
Maintained
25 Nov 2024

Financial journalist opinion

Based on 187 articles about NEM published over the past 30 days

Neutral
Accesswire
4 hours ago
Shareholders that Lost Money on Newmont Corporation (NEM) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
NEW YORK, NY / ACCESS Newswire / February 16, 2025 / If you suffered a loss on your Newmont Corporation (NYSE:NEM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/newmont-corporation-lawsuit-submission-form?prid=129913&wire=1 or contact Joseph E. Levi, Esq.
Shareholders that Lost Money on Newmont Corporation (NEM) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
Neutral
Accesswire
5 hours ago
Newmont Corporation Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - NEM
NEW YORK, NY / ACCESS Newswire / February 16, 2025 / If you suffered a loss on your Newmont Corporation (NYSE:NEM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/newmont-corporation-lawsuit-submission-form?prid=129908&wire=1 or contact Joseph E. Levi, Esq.
Newmont Corporation Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - NEM
Neutral
Accesswire
5 hours ago
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Newmont Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - NEM
NEW YORK, NY / ACCESS Newswire / February 16, 2025 / WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Newmont Corporation (NYSE:NEM) between February 22, 2024 and October 23, 2024, inclusive (the "Class Period"), of the important April 1, 2025 lead plaintiff deadline. SO WHAT: If you purchased Newmont securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Newmont Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - NEM
Neutral
Accesswire
6 hours ago
Investors in Newmont Corporation Should Contact Levi & Korsinsky Before April 1, 2025 to Discuss Your Rights - NEM
NEW YORK, NY / ACCESS Newswire / February 16, 2025 / If you suffered a loss on your Newmont Corporation (NYSE:NEM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/newmont-corporation-lawsuit-submission-form?prid=129874&wire=1 or contact Joseph E. Levi, Esq.
Investors in Newmont Corporation Should Contact Levi & Korsinsky Before April 1, 2025 to Discuss Your Rights - NEM
Neutral
Accesswire
6 hours ago
The Schall Law Firm Invites Shareholders With Losses To Join A Securities Fraud Case Against Newmont Corporation
LOS ANGELES, CA / ACCESS Newswire / February 16, 2025 / 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"), are encouraged to contact the firm before April 1, 2025.
The Schall Law Firm Invites Shareholders With Losses To Join A Securities Fraud Case Against Newmont Corporation
Neutral
PRNewsWire
7 hours ago
NEM INVESTOR ALERT: Newmont Corporation Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
SAN DIEGO , Feb. 16, 2025 /PRNewswire/ --  Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Newmont Corporation (NYSE: NEM) securities between February 22, 2024 and October 23, 2024, all dates inclusive (the "Class Period"), have until April 1, 2025 to seek appointment as lead plaintiff of the Newmont class action lawsuit.  Captioned Karas v.
NEM INVESTOR ALERT: Newmont Corporation Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Neutral
Accesswire
7 hours ago
Investors in Newmont Corporation Should Contact Levi & Korsinsky Before April 1, 2025 to Discuss Your Rights - NEM
NEW YORK, NY / ACCESS Newswire / February 16, 2025 / If you suffered a loss on your Newmont Corporation (NYSE:NEM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/newmont-corporation-lawsuit-submission-form?prid=129840&wire=1 or contact Joseph E. Levi, Esq.
Investors in Newmont Corporation Should Contact Levi & Korsinsky Before April 1, 2025 to Discuss Your Rights - NEM
Neutral
Accesswire
9 hours ago
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Newmont
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Newmont To Contact Him Directly To Discuss Their Options NEW YORK CITY, NY / ACCESS Newswire / February 16, 2025 / If you purchased or acquired securities in Newmont between February 22, 2024 and October 23, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Newmont Corporation ("Newmont" or the "Company") (NYSE:NEM) and reminds investors of the April 1, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Newmont
Neutral
Accesswire
9 hours ago
Newmont Corporation Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 1, 2025 to Discuss Your Rights - NEM
NEW YORK, NY / ACCESS Newswire / February 16, 2025 / If you suffered a loss on your Newmont Corporation (NYSE:NEM) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/newmont-corporation-lawsuit-submission-form?prid=129816&wire=1 or contact Joseph E. Levi, Esq.
Newmont Corporation Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 1, 2025 to Discuss Your Rights - NEM
Neutral
Accesswire
10 hours ago
NEM INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Newmont Corporation Investors Have Opportunity to Lead Class Action Lawsuit!
NEW YORK, NY / ACCESS Newswire / February 16, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Newmont Corporation ("Newmont" or "the Company") (NYSE:NEM) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Newmont securities between February 22, 2024 and October 23, 2024, both dates inclusive (the "Class Period").
NEM INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Newmont Corporation Investors Have Opportunity to Lead Class Action Lawsuit!
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