Newmont upgraded by UBS on stronger gold outlook and cash return potential
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM) shares moved higher after the gold producer was upgraded by UBS analysts citing a more supportive macro backdrop for gold, strong free cash flow outlook, and the potential for sustained shareholder returns. The analysts upgraded the stock to ‘Buy' from ‘Neutral' and boosted their price target to $60 from $50.
Top Stock Movers Now: Newmont, Texas Instruments, Intel, and More
The major U.S. equities indexes edged higher at midday Friday after wavering between losses and gains earlier in the session, as investors digested a slew of bank earnings and China hiked tariffs on U.S. goods.
Newmont Stock Surges. It Gets Upgraded to Buy as Gold Prices Rally.
Shares of gold miner Newmont are outpacing the price of gold after lagging behind for years.
Newmont and Other Miner Stocks Pop as Gold Keeps Hitting Record Highs
Shares of Newmont (NEM) and other miners surged Friday, while the price of gold climbed to fresh highs as investors flocked to safe haven assets amid economic uncertainty.
Why Newmont Corporation (NEM) is a Top Momentum Stock for the Long-Term
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Gold Hits Record High and Miner Stocks Surge Amid Tariff Uncertainty
The price of gold hit an all-time high Thursday, with shares of Newmont (NEM) and other miners surging along with it as investors sought safe haven assets amid tariff-fueled volatility.
Newmont (NEM) Soars 8.4%: Is Further Upside Left in the Stock?
Newmont (NEM) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Newmont Corporation (NEM) Ascends While Market Falls: Some Facts to Note
In the latest trading session, Newmont Corporation (NEM) closed at $44.86, marking a +1.54% move from the previous day.
Newmont vs. Barrick Gold: Which Mining Giant Is the Better Bet Now?
Newmont Corporation NEM and Barrick Gold Corporation GOLD are two of the biggest gold mining companies on the planet, each with extensive operations across multiple continents and diversified portfolios. With gold prices soaring, driven by global economic uncertainties and trade tensions, comparing these two industry giants is particularly relevant for investors seeking exposure to the precious metals sector.
Newmont Corporation (NEM) is Attracting Investor Attention: Here is What You Should Know
Newmont (NEM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Here's Why Newmont Corporation (NEM) Gained But Lagged the Market Today
Newmont Corporation (NEM) closed at $48.28 in the latest trading session, marking a +0.42% move from the prior day.
Newmont: Don't Overthink The Buying Opportunity
Gold mining stocks have staged a remarkable outperformance over the S&P 500 over the past year. Newmont has closed a remarkable 2024 "year of transformation." 2025 brings new challenges, but the market remains favorable. Lowering its costs curve, while transitioning toward its Tier-1 portfolio will become increasingly pivotal to drive growth for NEM.
