| 2024-10-28 | -0.12 % |
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| 2024-10-22 | +1.93 % |
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| 2024-10-21 | -0.09 % |
- Newmont (NEM) stock fell by 0.09% as it is influenced by trends within the gold mining sector, where smaller-cap stocks are gaining attention and hitting new highs, potentially diverting some investor focus away from larger companies like Newmont.
- Newmont (NEM) stock experienced a slight decline of 0.09%, potentially influenced by Stratos Wealth Advisors LLC's substantial 394.6% increase in its position, indicating varying investor sentiment amidst the overall market conditions.
- Newmont (NEM) stock experienced a slight decline of 0.09% amid intensifying competition in the gold market, particularly from Northern Star Resources, as both companies try to capitalize on rising gold prices, which reached a record high, and differing analyst ratings suggest varied investor confidence.
The decline in Newmont's stock may be attributed to increased competition from Northern Star, which has received favorable upgrades from analysts, putting pressure on Newmont's stock performance despite its positive fundamentals and recent acquisition of Newcrest Mining.
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| 2024-10-18 | +1.98 % |
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| 2024-10-17 | +0.41 % |
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| 2024-10-16 | +1.06 % |
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| 2024-10-15 | +1.57 % |
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| 2024-10-14 | +0.96 % |
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| 2024-10-11 | +1.69 % |
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| 2024-10-10 | +1.27 % |
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| 2024-10-09 | -0.02 % |
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| 2024-10-07 | -0.67 % |
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| 2024-10-04 | +0.26 % |
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| 2024-10-03 | -1.48 % |
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| 2024-10-02 | -0.26 % |
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| 2024-10-01 | +1.29 % |
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| 2024-09-30 | -0.83 % |
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| 2024-09-27 | -2.94 % |
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| 2024-09-25 | -1.06 % |
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| 2024-09-24 | +2.51 % |
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| 2024-09-23 | +0.02 % |
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| 2024-09-11 | -1.09 % |
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| 2024-09-10 | +1.14 % |
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| 2024-08-12 | +2.26 % |
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| 2024-08-07 | -2.52 % |
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| 2024-08-05 | -3.05 % |
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| 2024-08-01 | +0.98 % |
- The Newmont (NEM) stock rose 0.98% likely due to the overall surge in gold prices driven by central banks increasing their gold purchases to diversify away from the US dollar amid geopolitical tensions and economic instability, making gold mining stocks like Newmont more attractive to investors looking for leverage in this growing gold market.
- Newmont (NEM) stock rose 0.98% due to the prevailing trend of central banks, particularly China, increasing their gold purchases as a hedge against geopolitical tensions and declining U.S. dollar reliance, fueled by record-high gold prices and expectations of a favorable interest rate environment.
- Newmont (NEM) stock rose 0.98% largely due to the increasing demand for gold driven by central banks purchasing record volumes of bullion amidst geopolitical tensions and inflation concerns, which have propelled gold prices to all-time highs.
- The article discusses the recent rise in gold prices driven by central bank purchases and geopolitical tensions, which has also positively impacted Newmont (NEM) stock, resulting in a 0.98% increase last night. Newmont's stock is climbing due to the overall bullish sentiment in the gold market, as central banks diversify their reserves and demand for gold increases amidst economic uncertainty and declining real interest rates in the U.S.
- Newmont Corporation (NYSE:NEM) stock rose by 0.98% due to a combination of record-high gold prices driven by central bank purchases, increasing gold production, robust financial performance, and favorable market conditions, including a strong demand for gold as a hedge against economic uncertainties and geopolitical tensions.
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| 2024-07-25 | -4.19 % |
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| 2024-07-24 | +1.34 % |
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| 2024-07-23 | -0.47 % |
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| 2024-06-28 | +0.07 % |
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| 2024-06-20 | +2.44 % |
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| 2024-06-05 | +1.41 % |
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| 2024-05-15 | +1.46 % |
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| 2024-05-10 | -0.82 % |
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| 2024-05-03 | -0.95 % |
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| 2024-05-01 | -0.15 % |
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| 2024-04-30 | -3.83 % |
- The article discusses the recent performance of Newmont Corporation (ASX: NEM) stock, which has seen a significant rise due to the increase in the price of gold. The stock has experienced a 41% increase since February, driven by the rise in gold prices, resulting in heightened profitability for the company. The stock value may be affected by the unpredictable nature of the gold market, which is influenced by geopolitical events and factors affecting commodity prices. The recent -3.83% decline in the Newmont stock can be attributed to fluctuations in the price of gold, uncertainty in the market, and the possibility of gold prices decreasing in the future.
- The article discusses the appointment of Mr. Charles Greig as a Strategic Technical Advisor to Hercules Silver Corp. and his collaboration with the company's technical team on the 2024 exploration program at the Hercules Project in Idaho, leading to further development of the Leviathan porphyry copper system. The -3.83% decrease in Newmont's (NEM) stock price may be due to market conditions, general economic factors, the ongoing Covid-19 pandemic, adverse industry events, and potential risks associated with its operations, as highlighted in the disclaimer statement at the end of the article.
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| 2024-04-29 | -1.1 % |
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