Newmont Mining Corporation ($NEM) Stock Forecast: Down 8.9% Today

What is Newmont Mining Corporation?

Newmont Corporation (NEM) is a leading gold mining company with operations and assets in multiple countries. The company is known for its exploration, acquisition, and production of gold and other metals.

Why is Newmont Mining Corporation going down?

NEM stock is down 8.9% on Apr 4, 2025 15:15

• Newmont Corporation (NEM) experienced a bearish movement today amidst concerns related to legal matters and investor alerts.
• The class action securities lawsuit and the reminder for investors to secure counsel before an important deadline might have created uncertainty and negative sentiment around the stock.
• Despite some other companies showing relative strength in the market, the legal issues surrounding Newmont Corporation seem to have weighed down on its stock performance today.
• The announcement of an option agreement with Patagonia Gold did not seem to have a positive impact on NEM's stock price, indicating that legal concerns might be overshadowing potential business developments.

NEM Price Chart

NEM Technical Analysis

NEM News

These 3 Stocks are Ignoring the Market's Woes

Recently, several stocks, including The J.M. Smucker Company, Newmont, and Celsius, have ignored the market's woes, showing relative strength.

https://www.zacks.com/commentary/2440076/these-3-stocks-are-ignoring-the-markets-woes

Patagonia Gold Enters Into Option Agreement With Newmont Corporation

VANCOUVER, British Columbia, April 02, 2025 ( GLOBE NEWSWIRE ) -- Patagonia Gold Corp. ( "Patagonia" or the "Company" ) ( TSX.V:PGDC ) is pleased to announce that it has entered into a binding letter agreement dated 1 April, 2025 ( the "Option Agreement" ) with Oroplata S.A., an Argentinean ...

https://www.globenewswire.com/news-release/2025/04/02/3054140/0/en/Patagonia-Gold-Enters-Into-Option-Agreement-With-Newmont-Corporation.html

Investors in Newmont Corporation Should Contact Levi & Korsinsky Before April 1, 2025 to Discuss Your Rights - NEM - Newmont ( NYSE:NEM )

NEW YORK, April 01, 2025 ( GLOBE NEWSWIRE ) -- Levi & Korsinsky, LLP notifies investors in Newmont Corporation ( "Newmont" or the "Company" ) NEM of a class action securities lawsuit.

https://www.benzinga.com/pressreleases/25/04/g44591875/investors-in-newmont-corporation-should-contact-levi-korsinsky-before-april-1-2025-to-discuss-your

SSR Mining Projects 10% Increase in GEO Production for 2025

SSRM anticipates production of 410,000 to 480,000 GEOs for 2025, with 55% production expected in the second half of the year.

https://www.zacks.com/stock/news/2438489/ssr-mining-projects-10-increase-in-geo-production-for-2025

NEM DEADLINE: ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Newmont Corporation Investors to Secure Counsel Before Important April 1 Deadline in Securities Class Action - NEM - Newmont ( NYSE:NEM )

NEW YORK, March 31, 2025 ( GLOBE NEWSWIRE ) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Newmont Corporation NEM between February 22, 2024 and October 23, 2024, inclusive ( the "Class Period" ) , of the important April 1, 2025 lead plaintiff ...

https://www.benzinga.com/pressreleases/25/03/g44567000/nem-deadline-rosen-top-ranked-investor-counsel-encourages-newmont-corporation-investors-to-secure-

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Newmont Mining Corporation Price History

05.11.2024 - NEM Stock was down 2.7%

• The options market sentiment for Newmont (NEM) is leaning bearish, with a higher percentage of traders showing bearish tendencies.
• The bearish movement in the stock today could be attributed to the notable bearish move made by financial giants in the options market.
• The analysis of options history revealing a higher percentage of bearish trades might have influenced investor sentiment and contributed to the strong bearish movement in NEM's stock price today.

30.00.2025 - NEM Stock was up 5.4%

• NEM closed higher today, despite the overall market downturn.
• The recent $425 million asset sale of its Porcupine operation as part of its divestiture program appears to have had a positive impact on NEM's stock.
• Newmont's strategic focus on Tier 1 assets and expansion plans in British Columbia's Golden Triangle is enhancing shareholder returns and positioning the company for growth.
• The successful implementation of its divestiture strategy, with expected total proceeds of $4.3 billion, demonstrates Newmont's commitment to optimizing its portfolio and reducing debt, which has been well-received by investors.

25.09.2024 - NEM Stock was down 13.1%

• NEM demonstrated a strong bearish trend despite announcing quarterly revenue of $4.605 billion, exceeding initial projections.
• The market's adverse reaction may be attributed to NEM's shortfall in GAAP earnings, reporting 76 cents per share, below the anticipated figures.
• Despite benefiting from higher average realized gold prices and sales volumes in the third quarter, NEM encountered selling pressure, likely stemming from investor profit-taking.
• Varied recommendations from analysts on Wall Street, with some advocating for the purchase of NEM shares while others exercising caution, contributed to fluctuations in the stock's value.

12.08.2024 - NEM Stock was up 5.4%

• The bullish movement in NEM could be attributed to the company's strategic divestiture of non-core assets, such as the Telfer operation and Havieron project, to Greatland Gold for $475M. This move might be seen as a positive step towards streamlining operations and focusing on core profitable ventures.
• Despite some bearish options activity observed by investors, the overall market sentiment seems to be optimistic towards NEM, as indicated by Wall Street's bullish views and recommendations to invest in the stock.
• The recent 25% gain in NEM's stock price over the past 3 months could have also contributed to the increased investor interest and buying activity. However, concerns about high production costs may still linger among investors, urging caution before making investment decisions.

18.08.2024 - NEM Stock was up 3.0%

• NEM stock experienced a strong bullish movement today, closing higher than the previous day.
• The conflicting headlines about NEM's stock performance suggest that market volatility and external factors may have influenced the stock's movement.
• The bullish trend could be attributed to positive news about the company's production output, cost management, or overall market sentiment towards gold prices.
• Investors may have reacted positively to any updates regarding NEM's financial health, strategic partnerships, or future growth prospects, driving the stock price higher despite the broader market conditions.

24.09.2024 - NEM Stock was down 5.2%

• Newmont's recent financial results were a mix, with earnings below expectations while revenue exceeded estimates, hinting at possible operational difficulties.
• Despite favorable gold prices and sales figures, investors took a negative stance towards the earnings shortfall, reflecting apprehensions.
• Before the earnings report, there was notable optimism among some investors as seen in the bullish options activity, though the actual outcomes may have not met these hopeful projections.
• The decline in NEM stock value can be linked to the earnings miss and uncertainties about the company's future performance despite a positive gold market environment.

13.02.2025 - NEM Stock was up 5.2%

• Despite the overall market dipping, NEM managed to gain, showcasing its resilience and potential strength in the face of market fluctuations.
• The ongoing investigations and class action lawsuits may have initially caused uncertainty among investors, but the positive movement suggests that investors may be gaining confidence in the company's ability to navigate these challenges.
• Investors seem to be focusing more on NEM's fundamental strengths and future prospects rather than being solely influenced by legal uncertainties, leading to the bullish movement in the stock today.

05.01.2025 - NEM Stock was up 5.2%

• NEM, despite grappling with various legal disputes and investor grievances, showcased an impressive upward movement.
• The prevailing positive market trends or anticipated strong financial results may have overshadowed the legal concerns surrounding NEM.
• Investor confidence appears evident in NEM's capacity to address legal challenges and uphold a sturdy market stance.
• The stock's unwavering performance amidst legal hurdles possibly signifies robust fundamentals or positive market sentiment toward the company.

28.02.2025 - NEM Stock was up 0.1%

• The bullish movement in NEM stock today could be attributed to investors seeing potential value in the company despite the ongoing legal challenges.
• Despite the class action lawsuits and legal troubles, investors might be optimistic about Newmont Corporation's ability to navigate through these issues successfully.
• The market movement could also indicate that some investors believe the impact of the lawsuits on NEM's long-term prospects is overblown, leading to a positive sentiment and driving the stock price up.
• It's essential for traders to closely monitor any developments related to the legal proceedings and their potential implications on NEM's financial health and market performance.

21.01.2025 - NEM Stock was down 5.1%

• Newmont Corporation faced a class action securities lawsuit, which may have raised concerns among investors and led to a bearish sentiment.
• Despite surpassing earnings and revenue estimates in Q4, the legal challenges and uncertainties surrounding the lawsuit could have overshadowed the positive financial results.
• The unusual bearish options activity observed today could indicate that some investors are anticipating further downside for NEM, possibly influenced by the ongoing legal issues.
• The combination of positive financial performance and legal troubles seems to have created a mixed outlook for Newmont Corporation, contributing to the bearish market movement witnessed today.

21.01.2025 - NEM Stock was down 2.9%

• The securities fraud class action lawsuit filed against Newmont Corporation might have negatively impacted investor sentiment, leading to the bearish movement in the stock.
• Despite beating Q4 earnings and revenue estimates, the uncertainty surrounding the lawsuit could have overshadowed the positive financial results, contributing to the downward trend in the stock price.
• The unusual bearish options activity observed on Newmont stock could have further added selling pressure, as investors took a cautious stance on the company's future performance.
• The ongoing legal issues and investor concerns may have created a cloud of uncertainty around Newmont Corporation, leading to the bearish market movement witnessed today.

04.03.2025 - NEM Stock was down 8.9%

• Newmont Corporation (NEM) experienced a bearish movement today amidst concerns related to legal matters and investor alerts.
• The class action securities lawsuit and the reminder for investors to secure counsel before an important deadline might have created uncertainty and negative sentiment around the stock.
• Despite some other companies showing relative strength in the market, the legal issues surrounding Newmont Corporation seem to have weighed down on its stock performance today.
• The announcement of an option agreement with Patagonia Gold did not seem to have a positive impact on NEM's stock price, indicating that legal concerns might be overshadowing potential business developments.