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

What is Newmont Mining Corporation?

Newmont Corporation (NEM) is a leading gold mining company, with a focus on profitability and sustainable mining practices. The company's stock had a bearish movement today amidst a challenging market environment for gold prices and macroeconomic factors.

Why is Newmont Mining Corporation going down?

NEM stock is down 5.1% on Mar 11, 2026 15:42

• 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.

NEM Price Chart

NEM Technical Analysis

NEM News

Newmont Corporation Stock (NEM) Moved Down by 3.04% on Mar 11: What Signal Does It Send?

Newmont Corporation's stock (NEM) dropped 3.04% due to declining gold prices, easing geopolitical tensions, and anticipation of the Federal Reserve's interest rate decision. Company-specific factors like projected production declines and higher costs also contribute to investor caution. Despite generally positive analyst ratings, technical and fundamental analyses reveal mixed signals and headwinds for the company.

https://www.tradingkey.com/news/stocks/261670331-market-movers-nem-20260311

Russell Investments Group Ltd. Reduces Holdings in Waste Connections, Inc. $WCN

Russell Investments Group Ltd. significantly reduced its stake in Waste Connections, Inc. (NYSE:WCN) by 10.7% in the third quarter of 2026, selling 35,294 shares. Despite this reduction, other institutional investors like Vanguard Group Inc., Mackenzie Financial Corp, and JPMorgan Chase & Co. either increased their positions or initiated new ones in the waste management company. Waste Connections reported strong Q3 earnings, beating analyst estimates with $1.29 EPS and revenue up 5.0% year-over-year, and analysts generally maintain a "Buy" rating for the stock.

https://www.marketbeat.com/instant-alerts/filing-russell-investments-group-ltd-reduces-holdings-in-waste-connections-inc-wcn-2026-03-11/

Legal & General Group Plc Purchases 711,940 Shares of Newmont Corporation $NEM

Legal & General Group Plc increased its holdings in Newmont Corporation by 9.6% during the third quarter, acquiring an additional 711,940 shares and now owning 8,156,669 shares valued at $687,223,000. This comes amidst positive analyst sentiment, with JPMorgan, Citi, and BofA increasing price targets due to strong production growth forecasts and rising gold prices. While institutional investors own a significant portion of Newmont's stock, there has been a recent slight increase in short interest and macroeconomic factors causing intraday sell-offs.

https://www.marketbeat.com/instant-alerts/filing-legal-general-group-plc-purchases-711940-shares-of-newmont-corporation-nem-2026-03-11/

The Golden Age: Newmont Corp Surges as Gold Hits $5,000 and Margins Top 70%

Newmont Corp (NYSE: NEM) has entered a "Golden Age" of profitability, reporting a significant Q1 2026 earnings beat of 72 cents per share, driven by gold prices exceeding $5,000 per ounce and margins topping 70%. This success is attributed to CEO Natascha Viljoen's "margin-first" strategy, including the successful ramp-up of the Ahafo North project and divestment of non-core assets. The article also highlights diverging fortunes among other major miners and the broader shift towards a margin-focused, technologically advanced, and ESG-conscious mining industry.

https://markets.financialcontent.com/stocks/article/marketminute-2026-3-11-the-golden-age-newmont-corp-surges-as-gold-hits-5000-and-margins-top-70

Blue Whale Capital LLP Buys Shares of 414,718 Newmont Corporation $NEM

Blue Whale Capital LLP has acquired a new stake of 414,718 shares in Newmont Corporation, valued at approximately $34.97 million, making it their 16th largest holding. This purchase aligns with generally positive analyst sentiment, with several firms raising price targets and maintaining "Buy" ratings, and follows Newmont's strong Q3 earnings report and increased dividend. Institutional ownership in Newmont Corp. now stands at 68.85%.

https://www.marketbeat.com/instant-alerts/filing-blue-whale-capital-llp-buys-shares-of-414718-newmont-corporation-nem-2026-03-11/

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Newmont Mining Corporation Price History

20.01.2026 - NEM Stock was down 5.2%

• Reporting robust Q4 fiscal year 2025 earnings, Newmont Corporation surpassed expectations, with strong revenue and EPS figures, resulting in minimal stock price gains initially.
• The decline in NEM shares today is attributed to the mixed 2026 guidance provided by the company, which includes a forecasted production decrease and higher all-in sustaining costs, potentially prompting a negative investor response.
• Despite the favorable earnings report, market sentiment towards Newmont Corporation was dampened by the cautious outlook for the upcoming year, impacting the stock's performance.
• The contrast between the impressive historical performance and the more conservative future guidance likely influenced the bearish movement in NEM shares today.

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.

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.

13.01.2026 - NEM Stock was up 5.3%

• NEM experienced a strong bullish movement today, possibly driven by positive sentiment in the gold market and overall investor confidence in the company.
• The bullish movement could also be influenced by AI-generated signals recommending a long position near $105.53 for NEM, indicating a favorable outlook for the stock.
• Recent sources offering investment insights and trading advice for NEM may have encouraged investors to take long positions, contributing to the upward momentum in the stock price.
• The overall positive outlook for gold prices and the mining sector, as well as Newmont Corporation's solid performance, likely played a role in the bullish movement of NEM today.

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.

18.01.2026 - NEM Stock was up 6.0%

• NEM's stock surged by 7% to $126 today, propelled by a gold rally where spot gold prices surpassed $5,000 per ounce.
• The temporary reduction in market demand during the Lunar New Year festivities in Asia caused a slight dip in NEM's stock, but the company's overall performance remains robust.
• Various technical indicators show a possible future decline for NEM in the short run, with investors keeping an eye on updates from the Federal Reserve meeting for insight into future monetary policies.
• Although TIKR's valuation model indicates NEM's stock is currently overvalued, market sentiment indicates high expectations and detachment from the company's intrinsic value.

18.01.2026 - NEM Stock was up 5.3%

• The rise in NEM's value is linked to the recent increase in gold prices following lower-than-expected CPI data, which has bolstered the precious metals industry.
• Investors appear hopeful about NEM serving as a secure investment option in unpredictable economic times, resulting in a surge in stock demand.
• The favorable outlook towards gold mining companies like NEM demonstrates investors shifting towards safety amidst market turbulence and inflation fears.
• The positive performance of NEM can also be attributed to the overall optimism in the materials sector, supported by steady commodity prices and infrastructure investments, contributing to the uptrend of the stock.

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.