China and U.S. trade talks that ended in lower tariffs for both, triggered an onslaught of upbeat sentiment for the broader market, sending stocks significantly higher to start the week.
Gold miner Newmont falls alongside gold futures after the U.S. and China agree to slash tariffs.
Gold, Bitcoin, and ex-US developed markets are leading in 2025, with gold mining equities outperforming significantly. Newmont Mining has shown a strong performance, with Q1 earnings beating expectations and a 20% rise in shares. I raise my intrinsic value target for NEM to $77 due to robust earnings and operational efficiency.
Zacks.com users have recently been watching Newmont (NEM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Newmont Corporation NEM and Agnico Eagle Mines Limited AEM are two prominent players in the gold mining space with global operations 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.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Top-ranked stocks Fox (FOXA), Newmont (NEM), Affirm (AFRM), HealthStream (HSTM)) and Iridium Communications (IRDM) are likely to beat on the bottom line in their upcoming releases.
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Recently, Zacks.com users have been paying close attention to Newmont (NEM). This makes it worthwhile to examine what the stock has in store.
Gold's value dates back to humankind's earliest years. It remains a safe-haven asset to this day.
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Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.