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Newmont Mining Corporation ($NEM) Stock Forecast: Down 8.8% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is Newmont Mining Corporation?

Newmont Corporation (NEM) is a leading mining company primarily focused on gold production. The company's stock experienced a significant bearish movement today amidst a broader decline in precious metals and mining shares due to various market factors.

Why is Newmont Mining Corporation going down?

NEM stock is down 8.8% on Mar 19, 2026 18:41

  • Newmont's stock plummeted by 8.76% today, driven by a sharp decline in gold prices following the Federal Reserve's decision to maintain interest rates, increasing the opportunity cost of holding gold.
  • Concerns over the company's 2026 guidance, projecting lower gold production and higher costs, added to investor apprehension, further exacerbated by news of an executive share sale.
  • The overall downturn in mining shares and precious metals was fueled by rising inflation expectations and fading hopes for global interest rate cuts, leading to widespread investor fears and market volatility.
  • While Newmont maintains a strong financial position, potential buyers may consider waiting for market stabilization before making investment decisions, as the company navigates through the current turbulent market conditions.

NEM Price Chart

NEM Technical Analysis

NEM News

Why Did Newmont Stock Just Crash Below $100?

Newmont (NEM) stock has fallen below $100 for the first time since early January, retreating nearly 30% from its 52-week high. This crash is attributed to a significant sell-off in gold, which plummeted over 5% following the Federal Reserve's decision to keep interest rates unchanged amidst surging oil prices and inflation fears, increasing the opportunity cost of holding gold. Despite the current volatility, investors are advised against panic-selling due to Newmont's strong financial footing, while potential buyers might consider waiting for market stabilization.

https://www.fool.com/investing/2026/03/19/why-did-newmont-stock-just-crash-below-100/

0 News Article Image Why Did Newmont Stock Just Crash Below $100?

Newmont Corporation Stock (NEM) Moved Down by 8.76% on Mar 19: Drivers Behind the Movement

Newmont Corporation's stock dropped by 8.76% on March 19, driven by several factors including a decline in gold prices following the Federal Reserve's policy announcement and the strengthening of the U.S. dollar. Concerns over the company's 2026 guidance, which projects lower gold production and higher costs, also contributed to investor apprehension. Additionally, news of an executive share sale further amplified negative market sentiment, while technical indicators suggested a sell signal with oversold conditions.

https://www.tradingkey.com/news/Market-Movers/261700687-market-movers-nem-20260319

1 News Article Image Newmont Corporation Stock (NEM) Moved Down by 8.76% on Mar 19: Drivers Behind the Movement

Mining shares led by Newmont plunge alongside precious metals as rate cut hopes fade (NEM:NYSE)

Mining company shares, including Newmont, are experiencing a significant decline, paralleling a plunge in precious metals. This downturn is attributed to rising inflation expectations and diminishing hopes for global interest rate cuts. Gold and silver themselves fell by 6% and 9% respectively, leading to investor fears.

https://seekingalpha.com/news/4566576-mining-shares-led-by-newmont-plunge-alongside-precious-metals-as-rate-cut-hopes-fade

2 News Article Image Mining shares led by Newmont plunge alongside precious metals as rate cut hopes fade (NEM:NYSE)

Is Agnico Eagle (AEM) Turning Diesel Hedging Strength Into a More Durable Profitability Story?

Analysts have recently upgraded earnings estimates for Agnico Eagle Mines (AEM), recognizing the company's strong margins amidst rising diesel and energy costs, largely attributed to effective diesel hedging. This cost resilience supports a positive short-term outlook for profitability but investors should remain aware of underlying risks like gold price fluctuations or potential project delays. The company reaffirms its production guidance and maintains a substantial exploration budget, balancing growth investments against the backdrop of increased energy expenses.

https://simplywall.st/stocks/us/materials/nyse-aem/agnico-eagle-mines/news/is-agnico-eagle-aem-turning-diesel-hedging-strength-into-a-m

3 News Article Image Is Agnico Eagle (AEM) Turning Diesel Hedging Strength Into a More Durable Profitability Story?

Dakota Gold Rush 2026 Plans: Gold In South Dakota

The article discusses the Dakota Gold Rush 2026 plans, focusing on sustainable gold exploration in South Dakota and its impact on land stewardship, agriculture, forestry, water resources, and rural infrastructure. It highlights the collaborative approach taken by Dakota Gold Corp. to minimize environmental disruption and foster economic growth through responsible land use and advanced satellite technologies. The comprehensive strategy aims to balance mineral development with the long-term productive potential of the region's agricultural and forest lands.

https://farmonaut.com/mining/dakota-gold-rush-2026-plans-gold-in-south-dakota

4 News Article Image Dakota Gold Rush 2026 Plans: Gold In South Dakota

Newmont Mining Corporation Price History

18.02.2026 - NEM Stock was down 5.1%

  • Despite reporting strong quarterly earnings and increasing its dividend, Newmont Corporation's stock experienced a bearish movement.
  • The significant selling of shares by institutional investors such as Greenfield Seitz Capital Management LLC and Mizuho Markets Cayman LP might have contributed to the bearish trend.
  • The increase in institutional ownership by Danske Bank A S and Achmea Investment Management B.V. could not offset the overall selling pressure on the stock.
  • The market might be reacting to broader economic factors or sector-specific concerns, leading to the bearish movement in Newmont Corporation's stock price today.

19.02.2026 - NEM Stock was down 9.0%

  • The significant insider sell by David Fry, Group Head Projects & Studies at Newmont Corp, might have contributed to the bearish movement as it could signal lack of confidence or potential concerns within the company.
  • Despite the insider sell and the overall market losses, analysts remain optimistic about Newmont's future earnings and revenue growth, indicating that the current dip may be a short-term fluctuation.
  • The routine sale of restricted stock by another Newmont executive, Peter Toth, under a pre-arranged trading plan, likely had a minimal impact on the market movement, as it was expected and does not suggest any negative undisclosed information.
  • Even though Newmont Corp's stock price declined, it still outperformed its competitors on a tough trading day, showcasing its relative strength in the market despite the bearish movement.

19.02.2026 - NEM Stock was down 9.3%

  • The bearish movement in NEM's stock price could be attributed to the insider selling activity, with David Fry, Group Head Projects & Studies, selling a substantial number of shares. This might have raised concerns among investors about the company's future prospects.
  • Despite the decline, analysts remain optimistic about NEM's earnings and revenue growth, indicating that the market movement could be a short-term anomaly rather than a reflection of the company's fundamentals.
  • The overall market sentiment, as indicated by NEM's steeper decline compared to the broader market, might have also contributed to the negative movement, with investors reacting to broader economic uncertainties or sector-specific challenges.
  • While NEM's executive's routine sale of restricted stock is not uncommon, it could have added to the selling pressure on the stock, leading to the bearish trend observed today.

19.02.2026 - NEM Stock was down 8.8%

  • Newmont's stock plummeted by 8.76% today, driven by a sharp decline in gold prices following the Federal Reserve's decision to maintain interest rates, increasing the opportunity cost of holding gold.
  • Concerns over the company's 2026 guidance, projecting lower gold production and higher costs, added to investor apprehension, further exacerbated by news of an executive share sale.
  • The overall downturn in mining shares and precious metals was fueled by rising inflation expectations and fading hopes for global interest rate cuts, leading to widespread investor fears and market volatility.
  • While Newmont maintains a strong financial position, potential buyers may consider waiting for market stabilization before making investment decisions, as the company navigates through the current turbulent market conditions.

27.01.2026 - NEM Stock was up 5.1%

  • Despite a lower price target from BMO Capital, NEM maintained an Outperform rating, showing confidence in its future performance.
  • The stock price decreased initially due to a notice of default to Barrick over their joint venture, but the recent bullish trend indicates the market's focus on other factors.
  • NEM's strong financial results in 2025, including significant free cash flow and debt reduction, likely influenced the positive investor sentiment.
  • Positive market outlook on gold prices and NEM's strategic decisions, like the Newcrest acquisition, may have also contributed to the stock's bullish movement.

27.01.2026 - NEM Stock was up 5.4%

  • Newmont Corporation (NEM) experienced a strong bullish movement recently, potentially driven by positive market sentiment and investor confidence in the company's performance.
  • The strategic split of Barrick Gold, Newmont's joint venture partner, and the leadership reshuffle within Barrick Gold could have indirectly impacted Newmont's stock positively, as it may signal potential growth opportunities and operational efficiencies for the company.
  • The increased exploration spend by Hecla Mining in the silver market, along with the overall positive outlook for precious metals like gold and silver, could have contributed to the bullish trend in Newmont's stock as investors show interest in the sector.
  • Despite a minor sell-off by a specific investment firm, Newmont remains a strong player in the market, with analysts maintaining a positive outlook on the stock and setting a moderate buy rating, further supporting the bullish movement.

10.02.2026 - NEM Stock was up 5.0%

  • Pinkerton Wealth LLC and Schroder Investment Management Group acquiring significant stakes in Newmont Corporation indicates growing investor confidence in the company's future prospects.
  • Positive analyst sentiment, with price target upgrades and a consensus "Buy" rating, is likely contributing to the bullish movement in NEM stock.
  • Newmont's strong quarterly earnings, dividend increases, and overall solid financial health are key factors attracting both institutional investors and individual traders to the stock.
  • The overall positive outlook for gold prices and the company's strategic advancements in key projects further support the bullish momentum in Newmont Corporation's stock.

10.02.2026 - NEM Stock was up 6.7%

  • The acquisition of shares by institutional investors including Pinkerton Wealth LLC, Schroder Investment Management Group, and First Trust Advisors LP suggests growing confidence in Newmont's future prospects, contributing to the stock's upward movement.
  • Positive re-ratings by analysts, price target upgrades, and a consensus "Buy" rating have reinforced investor sentiment towards Newmont, particularly following the company's strong financial performance that exceeded expectations.
  • Despite a dispute with Barrick Mining, Newmont's focus on protecting its rights and enhancing operational performance has resonated positively with investors, who maintain optimism about the company's position in the gold market.
  • The overall increase in Newmont's stock price is also supported by the rise in international gold prices, a favorable outlook for gold, and the company's low forward P/E ratio, positioning it as an appealing investment opportunity in the precious metals sector.

11.02.2026 - NEM Stock was down 5.1%

  • Newmont Corporation's stock (NEM) dropped by 3.04% due to declining gold prices and easing geopolitical tensions, signaling investor caution in the face of uncertainties.
  • Anticipation of the Federal Reserve's interest rate decision and company-specific factors like projected production declines and higher costs also contributed to the bearish movement.
  • Despite generally positive analyst ratings and recent strong earnings reports, mixed signals from technical and fundamental analyses, along with macroeconomic factors, created headwinds for the company's stock performance.
  • The slight increase in short interest and institutional investors' actions, such as Legal & General Group Plc increasing holdings and Blue Whale Capital LLP acquiring shares, reflect the ongoing dynamics influencing Newmont Corporation's stock movement amidst a volatile market.

03.02.2026 - NEM Stock was down 6.3%

  • The bearish movement in Newmont Corporation's stock today can be attributed to the broader commodities downturn, particularly in the metals and mining sector, influenced by a "risk-off" trade linked to U.S. military actions in Iran.
  • Despite Newmont's impressive Q4 earnings report and increased quarterly dividend, the negative market sentiment towards commodities due to geopolitical tensions has impacted the stock price negatively.
  • The increase in institutional ownership by companies like Victory Capital Management Inc. and Strive Asset Management LLC indicates confidence in Newmont's long-term prospects, despite the short-term market volatility.
  • The decrease in stake by First Eagle Investment Management LLC, amidst other institutional investors increasing their holdings, might have also contributed to the downward pressure on Newmont's stock today.

03.02.2026 - NEM Stock was down 8.5%

  • The bearish movement in NEM stock today can be attributed to an insider sale of 944 shares by David J. Thornton, which might have raised concerns among investors about the company's future prospects.
  • The broader commodities downturn, influenced by the "risk-off" trade due to U.S. military actions in Iran, has also impacted NEM stock negatively, as metals and mining companies, including Freeport McMoRan, experienced a slide in their stock prices.
  • Despite positive news such as Newmont beating Q4 earnings estimates and increasing its quarterly dividend, the decrease in stake by First Eagle Investment Management LLC might have added selling pressure on the stock, contributing to the bearish movement.
  • The acquisition of a significant stake by Strive Asset Management LLC and the increased holdings by Victory Capital Management Inc. signal confidence in Newmont's future performance, which could potentially stabilize the stock in the near term.

03.02.2026 - NEM Stock was down 10.1%

  • The bearish movement in Newmont Corporation's stock (NEM) today can be attributed to several factors:
  • A reduction in stake by First Eagle Investment Management LLC by 8.7% may have signaled a lack of confidence in the company's future performance, leading to a negative sentiment among investors.
  • Despite Newmont surpassing Q4 estimates and announcing an increased dividend, insider selling activity by Mark Rodgers, along with the stock being considered significantly overvalued, could have raised concerns among investors about the stock's true value.
  • The potential spin-off of key assets by a competitor in the gold mining sector to capitalize on high gold prices might have shifted investor focus, impacting NEM's stock negatively.
  • The overall market sentiment driven by escalating US-Iran tensions and the shift towards energy and industrials sectors over tech companies could have also contributed to the bearish movement in NEM as investors repositioned their portfolios based on geopolitical risks and sector rotations.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.