Newmont Mining Corporation ($NEM) Stock Forecast: Up 5.1% Today

What is Newmont Mining Corporation?

Newmont Goldcorp Corporation (NEM) is a leading gold mining company, known for its strong financial health and strategic projects like the Ahafo North mine.

Why is Newmont Mining Corporation going up?

NEM stock is up 5.1% on Jan 6, 2026 20:35

• 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.

NEM Price Chart

NEM Technical Analysis

NEM News

Newmont Goldcorp stock hits all-time high at 106.38 USD By Investing.com

Newmont Goldcorp Corporation (NEM) has achieved an all-time stock high of $106.38 USD, marking a significant 177.99% surge over the past year. The company boasts strong financial indicators, including a perfect Piotroski Score of 9 and an InvestingPro financial health rating of "GREAT", despite some analysts having differing price targets amidst recent strategic moves like the commercial production of its Ahafo North project and a partial divestment from Fuerte Metals.

https://in.investing.com/news/company-news/newmont-goldcorp-stock-hits-alltime-high-at-10638-usd-93CH-5174799

Newmont Goldcorp stock hits all-time high at 106.38 USD

Newmont Goldcorp (NEM) stock has reached an all-time high of $106.38, marking a 177.99% surge over the past year and showcasing strong financial health with a Piotroski Score of 9. The company's performance is bolstered by its new Ahafo North project achieving commercial production and strategic maneuvers, including a price target raise from Raymond James. However, BNP Paribas Exane downgraded Newmont to Neutral due to valuation concerns.

https://www.investing.com/news/company-news/newmont-goldcorp-stock-hits-alltime-high-at-10638-usd-93CH-4432853

Newmont Goldcorp stock hits all-time high at 106.38 USD By Investing.com

Newmont Goldcorp's stock has reached an all-time high of $106.38, marking a 177.99% surge over the past year and indicating strong financial health with a Piotroski Score of 9. The company's performance is further bolstered by its Ahafo North project reaching commercial production and strategic financial maneuvers, including a reduced stake in Fuerte Metals and potential acquisition exploration of Barrick’s Nevada assets. Despite some analyst downgrades due to valuation concerns, Raymond James raised its price target to $111, citing strong cash flow and reduced jurisdictional risk.

https://za.investing.com/news/company-news/newmont-goldcorp-stock-hits-alltime-high-at-10638-usd-93CH-4049560

From Juniors to Majors: Peru’s Mining Legacy Drives Next Exploration Wave

Peru remains a critical mining jurisdiction due to its rich geological endowment and mining-friendly environment, attracting significant investment from both junior and major mining companies. Magma Silver Corp. is advancing a 4,000-meter drill program at its Niñobamba project, building on historical data from Newmont Mining. Major players like Teck Resources, BHP, Glencore, Mitsubishi Corp (Antamina mine), Newmont Corporation (Yanacocha mine), and Freeport-McMoRan (Cerro Verde) also maintain substantial operations in Peru, highlighting the country's importance in global mineral supply chains.

https://www.theglobeandmail.com/investing/markets/stocks/NEM/pressreleases/36904178/from-juniors-to-majors-perus-mining-legacy-drives-next-exploration-wave/

Morgan Stanley forecasts gold at $4,800 by fourth quarter of 2026

Morgan Stanley predicts gold prices will reach $4,800 per ounce by Q4 2026, driven by falling interest rates, a change in Federal Reserve leadership, and continued buying by central banks and funds. The bank also noted bullish prospects for silver, aluminum, copper, and nickel, citing supply challenges and increased demand. Geopolitical events in Venezuela were mentioned as a factor potentially attracting safe-haven buyers to gold.

https://www.reuters.com/world/americas/morgan-stanley-forecasts-gold-4800-by-fourth-quarter-2026-2026-01-06/

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Newmont Mining Corporation Price History

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.

14.10.2025 - NEM Stock was down 5.2%

• Newmont has seen a remarkable 150% rise in its year-to-date performance and remains poised for growth with increasing earnings. However, the stock exhibited a bearish movement today.
• Noteworthy options trading activities by well-funded investors and market participants could suggest a temporary market adjustment rather than a lasting change in market sentiment towards Newmont.
• The stock's decline could be linked to traders capitalizing on profits after its substantial climb, causing a short-term price downturn despite the company's solid fundamentals and optimistic market prospects.

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.

20.10.2025 - NEM Stock was down 5.2%

• Despite Newmont's strong historical performance, today's bearish movement could be attributed to profit-taking by investors after a period of sustained growth.
• The unusual options activity indicating bullish sentiment might have initially boosted the stock, but the subsequent bearish movement could be a result of a shift in market sentiment or profit realization.
• The news about Rio Tinto extending the operational life of Yarwun with a production cut may have impacted the mining sector sentiment, indirectly affecting Newmont's stock price.
• The conflicting opinions from Wall Street analysts on whether to buy Newmont stock could have added to the uncertainty surrounding the stock, contributing to the bearish movement.

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.

12.10.2025 - NEM Stock was up 5.6%

• The bullish movement in Newmont's stock today can be attributed to:
• Deep-pocketed investors adopting a bullish approach towards the company, as indicated by significant trades in publicly available options history.
• Positive sentiment from investors with a lot of money to spend, further reinforcing the bullish stance on Newmont.
• The insider sell by Newmont's CEO, Thomas R. Palmer, may have been perceived as a routine profit-taking activity rather than a signal of underlying issues within the company, thus not impacting the bullish sentiment significantly.

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.