Newmont Mining Corporation ($NEM) Stock Forecast: Down 6.1% Today

What is Newmont Mining Corporation?

Newmont Corporation (NEM) is a leading gold mining company with a global presence and consistent financial performance. It is publicly traded on the NYSE under the ticker symbol NEM.

Why is Newmont Mining Corporation going down?

NEM stock is down 6.1% on Jul 15, 2025 19:35

• NEM saw a notable decline today, finishing at $57.61, representing a -4.24% drop from the previous day.
• The recent appointment of Peter Wexler as interim CFO and the search for a permanent replacement may have contributed to investor uncertainty, resulting in the stock's downturn.
• While NEM briefly exceeded the 20-day moving average in a recent positive turn, the larger decline compared to the overall market suggests internal factors impacting the company.
• Investors are advised to stay vigilant for updates on the CFO transition and evaluate its potential effects on Newmont's financial stability and strategic direction in the near term.

NEM Price Chart

NEM Technical Analysis

NEM News

Newmont Stock Is Trading Lower Today: What's Going On? - Newmont ( NYSE:NEM )

Newmont shares are trading lower amid a CFO transition. Peter Wexler has been appointed interim CFO as the company begins its search for a permanent replacement. Up Next: Get 5 Dark Horse Stocks Wall Street Is Quietly Loading Up On

https://www.benzinga.com/trading-ideas/movers/25/07/46428362/newmont-stock-is-trading-lower-today-whats-going-on

Newmont Corporation ( NEM ) Laps the Stock Market: Here's Why

In the closing of the recent trading day, Newmont Corporation (NEM) stood at $60.82, denoting a +1.15% move from the preceding trading day.

https://www.zacks.com/stock/news/2580866/newmont-corporation-nem-laps-the-stock-market-heres-why

Newmont Corporation ( NEM ) Just Overtook the 20-Day Moving Average

When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?

https://www.zacks.com/stock/news/2571262/newmont-corporation-nem-just-overtook-the-20-day-moving-average

Newmont Corporation ( NEM ) Suffers a Larger Drop Than the General Market: Key Insights

Newmont Corporation (NEM) closed at $57.61 in the latest trading session, marking a -4.24% move from the prior day.

https://www.zacks.com/stock/news/2567963/newmont-corporation-nem-suffers-a-larger-drop-than-the-general-market-key-insights

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Newmont Mining Corporation Price History

10.03.2025 - NEM Stock was up 10.0%

• NEM stock rose by 8.4% in the recent session, finishing at $44.96, surpassing the overall market performance.
• The notable uptrend in NEM stock can be linked to the above-average trading volume and positive trajectory in earnings estimate revisions.
• The general optimism in the gold market, influenced by trade tensions, likely played a role in the considerable price surge of NEM stock.
• Investors exhibit confidence in NEM's future prospects given the current market environment favoring gold mining companies.

13.02.2025 - NEM Stock was up 5.2%

• Despite the overall market dipping, NEM managed to gain, showcasing its resilience and potential strength in the face of market fluctuations.
• The ongoing investigations and class action lawsuits may have initially caused uncertainty among investors, but the positive movement suggests that investors may be gaining confidence in the company's ability to navigate these challenges.
• Investors seem to be focusing more on NEM's fundamental strengths and future prospects rather than being solely influenced by legal uncertainties, leading to the bullish movement in the stock today.

28.02.2025 - NEM Stock was up 0.1%

• The bullish movement in NEM stock today could be attributed to investors seeing potential value in the company despite the ongoing legal challenges.
• Despite the class action lawsuits and legal troubles, investors might be optimistic about Newmont Corporation's ability to navigate through these issues successfully.
• The market movement could also indicate that some investors believe the impact of the lawsuits on NEM's long-term prospects is overblown, leading to a positive sentiment and driving the stock price up.
• It's essential for traders to closely monitor any developments related to the legal proceedings and their potential implications on NEM's financial health and market performance.

23.03.2025 - NEM Stock was down 5.2%

• The bearish movement in NEM's stock today could be attributed to:
• Concerns over the impact of tariffs on the company's operations.
• Investor uncertainty surrounding the upcoming Q1 earnings release, despite expectations of benefiting from higher gold prices.
• The investigation by Bragar Eagel & Squire, P.C. into potential claims against NEM, which may have raised apprehensions among investors.
• Despite positive indicators for a potential surge in NEM's stock, such as solid earnings estimate revisions, market sentiment today seemed to lean towards a bearish outlook, possibly influenced by the aforementioned factors.

21.01.2025 - NEM Stock was down 5.1%

• Newmont Corporation faced a class action securities lawsuit, which may have raised concerns among investors and led to a bearish sentiment.
• Despite surpassing earnings and revenue estimates in Q4, the legal challenges and uncertainties surrounding the lawsuit could have overshadowed the positive financial results.
• The unusual bearish options activity observed today could indicate that some investors are anticipating further downside for NEM, possibly influenced by the ongoing legal issues.
• The combination of positive financial performance and legal troubles seems to have created a mixed outlook for Newmont Corporation, contributing to the bearish market movement witnessed today.

11.03.2025 - NEM Stock was up 8.3%

• NEM stock soared by 8.4% in the last session, with high trading volume, indicating strong investor interest and potential further upside.
• The positive trend in earnings estimate revisions for NEM suggests continued strength in the stock's performance.
• Amidst a market dip, NEM managed to outperform, closing higher than the previous trading day, showcasing its resilience and attractiveness to investors.
• The comparison with other gold stocks like AngloGold Ashanti highlights NEM's position as a smart play in the current market environment, further boosting investor confidence in the stock.

09.03.2025 - NEM Stock was up 6.7%

• Newmont Corporation (NEM) showed a strong bullish movement, outperforming the overall market.
• The bullish trend in Newmont could be attributed to the soaring bullion prices driven by trade tensions, making gold a more attractive investment.
• Despite the market's woes, Newmont, along with a few other stocks, demonstrated relative strength, possibly due to investors seeking safe-haven assets like gold during uncertain times.
• The comparison between Newmont and Barrick Gold might have also sparked interest in Newmont, leading to increased buying activity and pushing the stock price higher.

12.05.2025 - NEM Stock was up 5.0%

• NEM recently broke above the 20-day moving average, signaling a potential uptrend in the stock.
• Despite concerns over rising unit costs impacting profitability, NEM's stock gains driven by the high gold prices have boosted investor confidence.
• The comparison with other basic materials stocks and the positive outlook for non-tech giants like NEM in Q2 suggest continued growth potential for the company.
• While Barrick Mining's surging all-in sustaining costs (AISC) raise red flags for margin pressure in the industry, NEM's ability to navigate cost challenges may have contributed to its bullish movement today.

07.03.2025 - NEM Stock was up 5.4%

• Newmont's bullish movement can be attributed to positive developments, such as entering into an option agreement with Patagonia Gold and displaying relative strength compared to other stocks.
• A comparison with Barrick Gold might have also sparked investor interest in Newmont, leading to increased buying activity.
• The class action securities lawsuit could have initially caused some uncertainty, but investors seem to have shrugged off this news and focused on the positive developments within the company.
• Overall, Newmont's bullish movement today seems to be a combination of favorable company-specific factors and the overall positive sentiment in the gold market.

04.03.2025 - NEM Stock was down 8.9%

• Newmont Corporation (NEM) experienced a bearish movement today amidst concerns related to legal matters and investor alerts.
• The class action securities lawsuit and the reminder for investors to secure counsel before an important deadline might have created uncertainty and negative sentiment around the stock.
• Despite some other companies showing relative strength in the market, the legal issues surrounding Newmont Corporation seem to have weighed down on its stock performance today.
• The announcement of an option agreement with Patagonia Gold did not seem to have a positive impact on NEM's stock price, indicating that legal concerns might be overshadowing potential business developments.

15.06.2025 - NEM Stock was down 5.2%

• NEM experienced a significant bearish movement, closing at $57.61, a -4.24% drop from the previous day.
• The stock fell below the 20-day moving average, indicating a potential shift in investor sentiment.
• The announcement of Sandstorm being acquired by Royal Gold in a $3.5 billion deal may have impacted NEM's stock negatively, leading to profit-taking and a broader market sell-off.
• Investors should closely monitor NEM's performance in the coming days to assess if the bearish trend continues or if there are potential buying opportunities amidst market uncertainties.

15.06.2025 - NEM Stock was down 6.1%

• NEM saw a notable decline today, finishing at $57.61, representing a -4.24% drop from the previous day.
• The recent appointment of Peter Wexler as interim CFO and the search for a permanent replacement may have contributed to investor uncertainty, resulting in the stock's downturn.
• While NEM briefly exceeded the 20-day moving average in a recent positive turn, the larger decline compared to the overall market suggests internal factors impacting the company.
• Investors are advised to stay vigilant for updates on the CFO transition and evaluate its potential effects on Newmont's financial stability and strategic direction in the near term.