Newmont Corporation
NEM · NYSE
- $126.81
- $129.68B
- Open
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- $121.63 - $123.67
- $76.05 - $135.29
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- 6.81M
About Newmont Corporation
Newmont is a global gold-mining company whose core business is producing and selling gold, supplemented by copper, silver, zinc, and lead output from its mining portfolio. Revenue is generated primarily through the sale of mined metals to smelters, refiners, and other commercial buyers at prevailing market prices. Gold is the central economic exposure, while the other metals provide additional revenue and byproduct credits. The company operates at large public-company scale, reporting $22.7 billion of fiscal 2025 revenue and $7.1 billion of net income, versus $18.7 billion and $3.3 billion, respectively, in fiscal 2024.
Notable Price Movement
- Aug 3-7$112.9820.56%
Newmont rose $6.21, or 6.79%, from $91.52 to $97.73 over the period. The advance was concentrated in a 4.84% jump on July 30, followed by a 2.05% pullback on July 31 that gave back part of the move. Shares then resumed higher, gaining 1.77% on August 3 and 2.47% on August 4. The supplied evidence does not identify a company-specific announcement, earnings release, contract, or operating update behind the rally. Instead, investor attention included recent options-market activity and a generally favorable analyst backdrop, although that backdrop was mixed because Zacks Research downgraded the stock to Hold and TD Cowen lowered its target. No broader market or commodity-price driver is supplied.
Stories & Analysis
Should You Buy Newmont Stock After a 60% Rally in a Year?
Why is Newmont (NYSE:NEM) stock in focus today?
