Newmont Corporation’s Stock Price Soars to $98.27, Marking an Impressive 5.01% Uptick

Newmont Corporation (NEM)

98.27 USD +4.69 (+5.01%) Volume: 12.85M

Newmont Corporation’s stock price surges to $98.27, marking a significant trading session increase of +5.01% with a robust trading volume of 12.85M shares, contributing to an impressive YTD growth of +164.02%, highlighting NEM’s strong market performance.

Latest developments on Newmont Corporation

Newmont Mining stock has been on a rollercoaster ride this week, with shares soaring amidst record high gold prices. Analysts are bullish on the company’s growth potential, with B of A Securities raising the price target to $115. BlackRock is also optimistic, stating that gold miners have never been cheaper, leading to a 140% surge in Newmont’s stock. Despite recent layoffs and higher capital expenditures potentially impacting free cash flow, investors are eager to ride the gold rush with Newmont as Citi recommends buying mining stocks. With gold prices predicted to surge even further, Newmont Corporation remains a strong growth stock to watch.

Newmont Corporation on Smartkarma

Analysts on Smartkarma have been closely covering Newmont Mining, with insights from top independent analysts like Brian Freitas and Baptista Research. Brian Freitas recently published a bearish report on the Gold Miners ETF (GDX US), highlighting the significant turnover expected due to a change in benchmark. On the other hand, Baptista Research has published bullish reports on Newmont Corporation, emphasizing positive developments in the company’s operations and financial performance, such as strong operational performance and favorable market conditions driving solid results in 2025.

Overall, analyst sentiment on Newmont Mining seems to be varied, with Brian Freitas leaning towards a bearish outlook on the Gold Miners ETF, while Baptista Research is more bullish on Newmont Corporation’s growth potential and strategic capital allocation. Investors can access these research reports on Smartkarma to gain valuable insights into the investment opportunities and risks associated with Newmont Mining.

A look at Newmont Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Newmont Mining Corporation appears to have a positive long-term outlook. With high scores in Growth and Resilience, the company is positioned well for future expansion and is able to withstand market challenges. Additionally, Newmont scores well in Value and Dividend, indicating that it is a strong player in terms of financial stability and shareholder returns. The company’s Momentum score also suggests that it is consistently performing well in the market.

Newmont Mining Corporation, a company that acquires, explores, and develops mineral properties, seems to be in a good position for the future. With operations in multiple countries and a focus on producing gold and copper, Newmont has a diverse portfolio that contributes to its high Growth score. Its Resilience score indicates that it is able to weather economic downturns, while its Value and Dividend scores suggest that it offers good returns for investors. Overall, Newmont Mining Corporation appears to be a strong and stable player in the mining industry.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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