Newmont Mining Corporation ($NEM) Stock Forecast: Up 5.0% Today

What is Newmont Mining Corporation?

Newmont Corporation (NEM) is a leading gold mining company with a focus on profitability and cost management. Today, NEM experienced a strong bullish movement in the market.

Why is Newmont Mining Corporation going up?

NEM stock is up 5.0% on Jun 12, 2025 19:26

• 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.

NEM Price Chart

NEM Technical Analysis

NEM News

Newmont Corporation ( NEM ) Recently Broke Out Above the 20-Day Moving Average

Should investors be excited or worried when a stock crosses above the 20-day simple moving average?

https://www.zacks.com/stock/news/2496166/newmont-corporation-nem-recently-broke-out-above-the-20-day-moving-average

Newmont's Soaring Unit Costs Warrant Caution: Can It Protect Margins?

NEM's Q1 cost surge and projected AISC rise raise concerns over profitability despite gold price-driven stock gains.

https://www.zacks.com/stock/news/2496006/newmonts-soaring-unit-costs-warrant-caution-can-it-protect-margins

Are Basic Materials Stocks Lagging Newmont ( NEM ) This Year?

Here is how Newmont Corporation (NEM) and Posco (PKX) have performed compared to their sector so far this year.

https://www.zacks.com/stock/news/2492371/are-basic-materials-stocks-lagging-newmont-nem-this-year

Barrick Mining's Surging AISC a Drag: Time to Reassess the Cost Curve?

Barrick's AISC jumps 20% in Q1 on higher cash costs and lower output, raising red flags for margin pressure.

https://www.zacks.com/stock/news/2492171/barrick-minings-surging-aisc-a-drag-time-to-reassess-the-cost-curve

5 Must-Buy Thriving Non-Tech Behemoths of Q1 Set to Tap More Gains

These 5 non-tech giants, HWM, NEM, PM, NWG and DB , each soared over 40% in Q1 and still have room to run in Q2.

https://www.zacks.com/stock/news/2492132/5-must-buy-thriving-non-tech-behemoths-of-q1-set-to-tap-more-gains

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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.

05.01.2025 - NEM Stock was up 5.2%

• NEM, despite grappling with various legal disputes and investor grievances, showcased an impressive upward movement.
• The prevailing positive market trends or anticipated strong financial results may have overshadowed the legal concerns surrounding NEM.
• Investor confidence appears evident in NEM's capacity to address legal challenges and uphold a sturdy market stance.
• The stock's unwavering performance amidst legal hurdles possibly signifies robust fundamentals or positive market sentiment toward the company.

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.

21.01.2025 - NEM Stock was down 2.9%

• The securities fraud class action lawsuit filed against Newmont Corporation might have negatively impacted investor sentiment, leading to the bearish movement in the stock.
• Despite beating Q4 earnings and revenue estimates, the uncertainty surrounding the lawsuit could have overshadowed the positive financial results, contributing to the downward trend in the stock price.
• The unusual bearish options activity observed on Newmont stock could have further added selling pressure, as investors took a cautious stance on the company's future performance.
• The ongoing legal issues and investor concerns may have created a cloud of uncertainty around Newmont Corporation, leading 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.