Shares rose due to a $1.95B Nevada JV deal, spot gold surging past $4,400/oz, and multiple analyst price target upgrades.
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Newmont Corporation
Newmont Corporation is the world's largest gold mining company by attributable production and the only gold producer listed in the S&P 500 Index. The company primarily mines gold while also producing byproducts such as copper, silver, zinc, and lead.
Price history
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Every session it moved
newest firstThe stock surged due to a historic spot gold breakout past $4,500/oz, an analyst EPS upgrade, and major institutional accumulation.
read the report →The stock rallied due to falling Treasury yields that sparked a surge in spot gold prices, alongside a $120M Nevada asset sale.
read the report →Newmont stock surged after resolving its Nevada JV dispute with Barrick and a macroeconomic rebound in spot gold prices above $4,300/oz.
read the report →Newmont settled disputes with Barrick to integrate high-grade Nevada assets into their JV for $1.95B alongside record Q2 cash flow.
read the report →Shares jumped following a breakout in spot gold prices above $4,350/oz, sparked by weak U.S. labor data and falling Treasury yields.
read the report →The stock surged due to a rally in spot gold driven by lower yields, along with strong Q2 cash flow and aggressive share buybacks.
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