Newmont Mining Corporation ($NEM) Stock Forecast: Down 9.9% Today

What is Newmont Mining Corporation?

Newmont Corporation (NEM) is a leading gold mining company with operations in various countries. The company's stock, NEM, experienced a significant bearish movement today amidst a volatile gold market.

Why is Newmont Mining Corporation going down?

NEM stock is down 9.9% on Jan 30, 2026 14:36

• AustralianSuper Pty Ltd and Arizona State Retirement System increased their stakes in Newmont Corporation, reflecting confidence in the company's long-term prospects despite the current market movement.
• The bearish movement in NEM stock can be attributed to the sharp tumble in gold prices after reaching record highs, leading to profit-taking among investors in the gold mining sector.
• With Newmont's upcoming Q4 and full-year 2025 earnings report on the horizon, investors are closely monitoring the company's profitability, which is highly sensitive to fluctuations in gold prices.
• The addition of experienced directors to i-80 Gold Corp.'s board and Southern Peru's efforts to optimize its Cuajone copper mine highlight the broader trends in the mining industry, which could indirectly impact sentiment towards gold mining stocks like NEM.

NEM Price Chart

NEM Technical Analysis

NEM News

AustralianSuper Pty Ltd Increases Stock Holdings in Newmont Corporation $NEM

AustralianSuper Pty Ltd significantly increased its stake in Newmont Corporation (NYSE:NEM) by 124.8% during the third quarter, acquiring an additional 183,360 shares, bringing its total holdings to 330,250 shares valued at $27.84 million. Several other institutional investors also modified their positions in Newmont, with the stock currently having an average "Buy" rating from analysts and a consensus target price of $105.88. Insider transactions show recent sales by CEO Thomas Ronald Palmer and Director Bruce R. Brook, though institutional investors and hedge funds collectively own 68.85% of the company's stock.

https://www.marketbeat.com/instant-alerts/filing-australiansuper-pty-ltd-increases-stock-holdings-in-newmont-corporation-nem-2026-01-30/

Arizona State Retirement System Boosts Holdings in Newmont Corporation $NEM

The Arizona State Retirement System increased its stake in Newmont Corporation (NEM) by 3.5% in the third quarter, bringing its total holdings to 341,037 shares valued at $28.75 million. Analysts maintain a consensus "Buy" rating for Newmont with an average price target of $105.88, although some shifted their recommendations. Despite institutional buying, company insiders, including CEO Thomas Palmer, sold shares, reducing insider ownership to 0.05% while institutional investors hold 68.85%.

https://www.marketbeat.com/instant-alerts/filing-arizona-state-retirement-system-boosts-holdings-in-newmont-corporation-nem-2026-01-30/

Newmont (NEM) stock drops nearly 4% as gold whipsaws from record highs — what to watch next

Newmont (NEM) stock fell by 3.8% after gold prices, having reached record highs, experienced a sharp tumble, leading to profit-taking among gold miners. Investors are now awaiting the next movements in bullion prices, especially after the U.S. markets close, and Newmont's upcoming Q4 and full-year 2025 earnings report on February 19th. The company's profitability is highly sensitive to gold price fluctuations, and its guidance for 2026 production is already anticipated to be at the lower end of 2025 forecasts.

https://ts2.tech/en/newmont-nem-stock-drops-nearly-4-as-gold-whipsaws-from-record-highs-what-to-watch-next/

i-80 Gold Strengthens Board of Directors with the Addition of Ronald Butler Jr., Michael Jalonen, and Steven Yopps

i-80 Gold Corp. has appointed Ronald Butler Jr., Michael Jalonen, and Steven Yopps to its Board of Directors as independent directors, effective February 1, 2026. These additions bring extensive experience in mining operations, finance, mineral processing, and capital markets, aiming to support the company's growth strategy in Nevada. The strengthened board will help i-80 Gold in achieving its goal of becoming a leading mid-tier gold producer by leveraging their expertise to optimize development plans for five gold projects and the refurbishment of the Lone Tree autoclave processing facility.

https://www.prnewswire.com/news-releases/i-80-gold-strengthens-board-of-directors-with-the-addition-of-ronald-butler-jr-michael-jalonen-and-steven-yopps-302674555.html

Southern Peru seeks to optimize Cuajone copper mine with US$318mn

Southern Perú Copper Corporation has submitted a US$318mn project for environmental assessment to optimize its Cuajone copper mine in Peru. The project aims to expand the concentrator plant's processing capacity from 90,000t to 108,000t per day, ensuring operational continuity and increasing copper and molybdenum production. This initiative aligns with the company's focus on sustainability, incorporating advanced technologies and maintaining existing sustainability certifications.

https://www.bnamericas.com/en/news/southern-peru-seeks-to-optimize-cuajone-copper-mine-with-us318mn

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Newmont Mining Corporation Price History

29.00.2026 - NEM Stock was down 0.8%

• Today, NEM saw a significant bearish movement despite recent bullish trends. Here are possible reasons behind this market shift:
• Profit-taking by investors after a notable stock price increase.
• Concerns over regulatory risks in Ghana, specifically related to a proposed mining royalty hike.
• Insider selling of 9,160 shares, potentially indicating apprehensions among company insiders.
• Market sentiment change likely influenced by multiple factors, resulting in NEM's stock decline even with positive analyst outlooks and institutional support.

26.10.2025 - NEM Stock was up 5.1%

• NEM demonstrated a strong bullish movement recently.
• The increase in gold prices close to record levels is sparking investor enthusiasm in gold mining companies, including Newmont Corporation.
• Crossing critical moving averages (20-day and 50-day) denotes optimistic momentum and the possibility of additional price gains.
• The company's robust growth characteristics and favorable market prospects are drawing in growth-focused investors, bolstering the positive trend in NEM's stock price.

11.11.2025 - NEM Stock was up 6.0%

• The merger of Sirios Resources Inc. and OVI Mining Corp. to form a new gold company backed by Osisko Development Corp. in Québec might have positively impacted the gold market sentiment, benefiting companies like Newmont.
• Strong earnings performance, operational efficiency, and Tier 1 portfolio strength have contributed to Newmont's bullish movement, attracting investors looking to capitalize on the favorable gold market trends.
• Strategic growth projects, portfolio rationalization, and solid financial health of Newmont have positioned the company for continued growth, aligning with the overall positive market sentiment towards gold.
• The anticipation of the December FOMC meeting and the potential impact of central bank actions on the market might have also influenced investor confidence in gold-related stocks like Newmont.

30.00.2026 - NEM Stock was down 9.9%

• AustralianSuper Pty Ltd and Arizona State Retirement System increased their stakes in Newmont Corporation, reflecting confidence in the company's long-term prospects despite the current market movement.
• The bearish movement in NEM stock can be attributed to the sharp tumble in gold prices after reaching record highs, leading to profit-taking among investors in the gold mining sector.
• With Newmont's upcoming Q4 and full-year 2025 earnings report on the horizon, investors are closely monitoring the company's profitability, which is highly sensitive to fluctuations in gold prices.
• The addition of experienced directors to i-80 Gold Corp.'s board and Southern Peru's efforts to optimize its Cuajone copper mine highlight the broader trends in the mining industry, which could indirectly impact sentiment towards gold mining stocks like NEM.

06.00.2026 - NEM Stock was up 5.1%

• NEM stock surged to an all-time high of $106.38, reflecting a remarkable 177.99% increase over the past year.
• The bullish movement can be attributed to the successful commercial production of the Ahafo North project and strategic financial decisions, despite some analyst concerns about valuation.
• Analysts' mixed reactions, with one raising the price target to $111 based on strong cash flow, while another downgraded NEM to Neutral due to valuation worries, created some volatility.
• The overall positive sentiment towards gold, with a forecast of a price of $4,800 per ounce by Q4 2026, likely contributed to the bullish trend in NEM stock as investors seek safe-haven assets amidst geopolitical uncertainties.

06.00.2026 - NEM Stock was up 5.2%

• Newmont Goldcorp's stock hit an all-time high due to various factors:
• Strong financial health displayed by a perfect Piotroski Score of 9 and successful commercial production of the Ahafo North project.
• Positive outlook from analysts, with varying price targets and one firm raising its target to $111.
• Increased institutional interest, exemplified by a significant 172.2% rise in holdings by Robeco Institutional Asset Management B.V. during the third quarter.
• The surge in gold prices, attributed to geopolitical tensions and a predicted increase to $4,800 per ounce by Q4 2026 by Morgan Stanley, also played a role in driving NEM's stock upward.
• Overall, Newmont Goldcorp's strong fundamentals, successful strategies, optimistic analyst views, and the favorable gold price forecast collectively lifted its stock to unprecedented levels, demonstrating resilience and attractiveness to investors in the current market climate.

28.00.2026 - NEM Stock was up 5.9%

• Bank of New York Mellon Corp reduced its stake in Newmont Corporation, but analysts remain optimistic about the company's prospects, leading to a consensus "Buy" rating and raised price targets.
• The surge in gold prices above $5,000 an ounce, driven by geopolitical tensions and fiscal concerns, contributed to the rise in Newmont's stock price.
• Investors are closely monitoring the Federal Reserve's upcoming announcement and the sustained behavior of gold prices, indicating a heightened interest in precious metals.
• The increased trading volume for Silver ETFs, reaching parity with the SPY ETF, suggests a growing focus on precious metals in the market, potentially benefiting companies like Newmont Corporation.

21.10.2025 - NEM Stock was down 6.7%

• Despite bullish options activity and Newmont's historical market outperformance, the stock experienced a bearish movement.
• Barrick Mining's Q3 gold output decline may have impacted the overall sentiment in the gold mining sector, potentially leading to a bearish trend in Newmont's stock.
• Investors might be concerned about the broader implications of Rio Tinto's production cut at Yarwun, which could have created a ripple effect in the mining industry, including a negative impact on Newmont's stock price.
• The combination of these factors likely contributed to Newmont's bearish movement, despite its strong historical performance and bullish options activity.

09.11.2025 - NEM Stock was up 5.1%

• Newmont Corporation (NEM) experienced a bullish market movement despite a neutral rating downgrade by an investment firm.
• The positive market trend may be attributed to optimistic outlooks from analysts who reaffirmed favorable ratings for NEM. They highlighted robust Q3 2025 performance, showcasing record free cash flow and the start of commercial operations at the Ahafo North project in Ghana.
• Concerns raised by the downgrade regarding aluminum and the copper sector's momentum could have impacted investor confidence. However, the ongoing optimism surrounding gold and Newmont's operational successes appear to have overshadowed these worries, driving the stock price up.

09.11.2025 - NEM Stock was up 2.9%

• The bullish movement in NEM's stock today can be attributed to:
• Downgrade to Neutral from Outperform by BNP Paribas Exane, stating a price target of $97, mentioning momentum in the copper sector and a shift towards aluminum, despite continued gold demand.
• UBS analysts' reiterated Buy ratings and raised price targets, expecting sustained gold demand driven by central banks and investors.
• Strong Q3 2025 results of Newmont Corporation, including record free cash flow and the commencement of commercial production at its Ahafo North project in Ghana.
• Osisko Development Corp.'s launch of a significant exploration drilling campaign at its Cariboo Gold project, indicating positive sentiment in the gold mining sector.

12.11.2025 - NEM Stock was up 5.0%

• The positive movement of NEM is underpinned by the steady high prices of metals and recent upgrades by analysts, reflecting investor trust in the company's outlook.
• The strategic direction outlined by the incoming CEO during a new leadership transition is also playing a significant role in fostering confidence among investors.
• The general positive forecast for gold prices and favorable market conditions are additional factors driving the upward trend of NEM's stock.
• Despite potential lower production estimates for 2026, NEM's strong free cash flow and minimal net debt position are consolidating the optimistic stance on the stock.

11.11.2025 - NEM Stock was up 5.1%

• NEM stock has seen a 79% surge in the past six months, attributed to high gold prices and impressive earnings.
• The company's strategic initiatives, portfolio enhancements, and financial stability, combined with positive analyst evaluations, are propelling NEM towards further growth.
• Market sentiment could have been affected by institutional investments in Builders FirstSource (BLDR) and the upcoming December FOMC meeting. However, NEM's bullish trend is primarily driven by its solid fundamentals and the promising outlook for the gold market.