NEM Chart

1 Month

	Date	Diff
	2023-12-06	-0.5 %
The article discusses the transformation of Medco Energi Internasional, an Indonesian energy and mining company, and its plans for further expansion. The recent financials of the company reflect some setbacks and market fluctuations, leading to a decline in net profit and revenues. However, analysts remain optimistic about the company's prospects, and Medco's president director, Hilmi Panigoro, indicates plans for growth through acquisitions and increased focus on non-oil-and-gas sources of revenue. The decline in Newmont (NEM) stock is not mentioned or explained in the article.
	2023-11-28	+6.26 %
The article discusses how the stock of Newmont Corporation (NEM) went up by 6.26% following a rally in gold, and attributes this increase to the positive performance of the mining industry.
	2023-11-24	-0.27 %
Newmont (NEM) stock went down by 0.27% because Evergold Corp. announced the grant of stock options to its directors, officers, and consultants. Evergold Corp. has granted stock options to directors, officers, and consultants, and Newmont (NEM) stock went down, likely due to market factors unrelated to Evergold's announcement.
	2023-11-16	+0.52 %
The article states that Newmont (NEM) stock went up 0.52% last night, but does not provide an explanation for the increase.
	2023-11-14	+5.53 %
The article discusses the rise in Newmont Corporation's stock, which increased by 5.53%, and attributes it to the favorable combination of Newmont's low stock price and the high spot gold prices, presenting an opportunity for income investors.
	2023-11-08	-5.13 %
The article states that Newmont Corporation (NEM) stock went down by -5.13% last night and the reason for the decline is not mentioned. The article states that Newmont Corporation (NEM) stock dropped by 5.13% and was removed from the S&P/ASX 20 Index; the reason for this decline is not provided in the summary. The article discusses how Newmont Corporation (NEM) experienced a significant drop in its stock price, with a decline of -5.13% last night, and mentions that this drop can be attributed to its removal from the S&P/ASX 100 Index.
	2023-11-01	-0.53 %
The article discusses the launch of two gold-linked stock indices in China, which include shares of global gold miners like Newmont Corporation. The demand for gold exposure has increased due to a slump in the local real estate market and volatile global markets. The stock price of Newmont Corporation went down, possibly due to the introduction of these gold-focused indices providing alternative investment options. The article discusses the launch of two gold-linked stock indices in China, which includes shares of global gold miners such as Newmont Corporation and Barrick Gold. The demand for gold as a safe haven investment has increased due to a slump in the local real estate market and volatile global markets. As a result, the stock price of Newmont Corporation (NEM) may have gone down due to investor interest shifting towards gold.
	2023-10-26	+1.96 %
Newmont Corporation (NEM) stock went up because the company announced stable Q3 performance and declared a third-quarter dividend of $0.40 per share, generating $1.0 billion of cash from continuing operations during the quarter.
	2023-10-20	-1.65 %
The article provides an overview of Newmont's commitment to responsible and sustainable mining practices throughout the different stages of the mining lifecycle. The reason for the decline in Newmont's stock price is not mentioned in the article.
	2023-10-18	-1.36 %
Newmont (NEM) stock went down by -1.36% due to the announcement that Ariana Resources, in which Newmont has invested $2.5 million, has begun a diamond drilling program at the Hertica project in Kosovo to test the potential for a buried porphyry system.
	2023-10-17	+1.05 %
The article announces that the Federal Court of Australia has approved the proposed acquisition of Newcrest Mining Limited by Newmont Corporation, and Newcrest shareholders will receive 0.400 Newmont securities for each Newcrest share held on the Scheme Record Date. The Newcrest shares will continue to trade on the ASX, PNGX, and TSX until October 26, 2023, and Newcrest has also announced a Special Dividend of US$1.10 per share. The increase in Newmont stock may be attributed to the positive news of the acquisition and the announcement of the Special Dividend. Greatland Gold PLC has reported progress on its Havieron gold-copper project and the Newmont Corp-Newcrest Mining Ltd deal, with all necessary approvals received, leading to a 1.7% increase in the company's stock price.
	2023-10-16	+1.57 %
Newmont (NEM) stock went up last night by 1.57%, possibly due to positive news about the approval of Newmont's acquisition of Newcrest, as well as the announcement of a special dividend for Newcrest shareholders. Newmont Corporation's stock (NEM) went up by 1.57% following the announcement of a definitive agreement with the National Union of Mine, Metal, and Allied Workers of the Mexican Republic to end the strike at the Peñasquito mine in Mexico, with the company focusing on a safe return-to-work plan and a quick ramp-up of operations while strengthening workforce relationships. The article discusses Newcrest Mining's 18.1% sequential fall in quarterly gold production due to maintenance shutdowns, and mentions that Newcrest is in the process of being taken over by Newmont. Newmont's stock went up 1.57% last night, but the article does not provide a specific reason for the increase.
	2023-10-13	+1.68 %
The article discusses the proposed acquisition of Newcrest Mining Limited by Newmont Corporation and announces that the resolution to approve the acquisition was passed at the scheme meeting. As a result, Newcrest shareholders will be entitled to receive the scheme consideration of 0.400 Newmont securities for each Newcrest share held, and a special dividend of US$1.10 per share will be paid if the scheme becomes effective. The Newmont stock went up by 1.68% last night.
	2023-10-12	-0.84 %
The article discusses the potential buyout bid of Newcrest Mining by Newmont Corporation, which would be the largest corporate takeover in Australia this year. The Newmont shareholders have already voted in favor of the buyout. The deal is one of the biggest global buyouts in 2023. The reason for the Newmont stock going down is not mentioned in the article.
	2023-10-11	+1.74 %
Newmont Corporation announced that the majority of votes cast by shareholders were in favor of the issuance of Newmont common stock for the acquisition of Newcrest Mining Limited, resulting in a 1.74% increase in Newmont's stock; the stock went up because shareholders recognized the strategic benefits of the acquisition, which would create a strong portfolio of gold and copper assets and position Newmont to generate superior returns in the long term.
	2023-10-06	+3.99 %
Newmont Corporation (NEM) stock went up 3.99% last night following a preliminary agreement reached with the National Union of Mine, Metal, and Allied Workers of the Mexican Republic (the Union) to end the strike at Minera Peñasquito in Mexico.
	2023-10-04	+0.62 %
The article announces that Hycroft Mining Holding Corporation received a notice of delisting from Nasdaq due to non-compliance with the minimum bid price requirement, but the delisting process will be stayed if the company requests a hearing before the Nasdaq Hearings Panel. As for why Newmont (NEM) stock went up, this information does not provide any specific reasons for the increase in Newmont stock. Newmont Corporation (NEM) stock went up by 0.62% after the company announced that it has secured all the necessary regulatory approvals for its proposed acquisition of Newcrest Mining Limited (NCM), which is expected to create a world-class portfolio of assets with significant production and cost synergies. Newmont (NEM) stock went up by 0.62% last night, potentially due to the announcement that Newcrest Mining will be paying a special dividend if the proposed acquisition by Newmont Corporation becomes effective.
	2023-10-03	-0.93 %
Newmont Corporation (NEM) stock went down by -0.93% due to a rating assignment by Fitch, which reflects the company's strong financial position and industry leadership.
	2023-10-02	-3.82 %
The article discusses the recent decrease in the stock price of Newmont (NEM) and explores the potential benefits of investing in gold as a long-term portfolio asset. The decline in gold's price over the past three years has caused it to receive less attention, but the article suggests that this could be an opportunity to buy gold at a lower price. Gold is seen as a hedge against crises and the depreciation of fiat currencies. It is also viewed as a non-correlated asset that can provide diversification in portfolios. Lastly, gold's long history and ability to maintain its value over time make it an attractive investment.
	2023-09-29	-0.22 %
The article announces that Newmont Corporation will release its third quarter 2023 operations and financial results on October 26, 2023, and provides conference call details; why the Newmont stock went down is not mentioned in the article. The article discusses ATEX Resources Inc. granting restricted share units and stock options to employees, but it does not mention why Newmont (NEM) stock went down.
	2023-09-28	-0.67 %
The article reports that MTB Metals Corp. has discovered evidence of porphyry style alteration and mineralization in drill holes on the Telegraph copper-gold project, indicating the potential for an extensive mineralized porphyry system; the reason for Newmont (NEM) stock going down is not mentioned in the article. Newmont Corporation's stock went down by 0.67% last night, and the reason for the decline is not mentioned in the article.
	2023-09-18	+0.35 %
Newmont Corp's stock went up by 0.35% after receiving clearance from Australia's Foreign Investment Review Board for its proposed takeover of Newcrest Mining, and it is expected to close the transaction in the fourth quarter of this year pending regulatory approvals and the Newcrest shareholder vote on October 13. Newmont Corporation (NYSE:NEM) stock went up last night by 0.35%. The article does not provide specific reasons for the increase in Newmont stock.
	2023-09-13	+1.13 %
Newmont Corporation (NEM) stock went up by 1.13% on the recent news of expected strong demand for silver due to its use in various sectors such as electronics, medicine, solar panels, and water purification, particularly in the green economy's aggressive growth. The article announces that the Scheme Booklet for the proposed acquisition of Newcrest Mining Limited by Newmont Overseas Holdings is now available, and provides details on how shareholders can access the booklet and participate in the scheme meeting. The reason for the increase in Newmont (NEM) stock is not mentioned in the article.
	2023-09-05	-1.22 %
The article discusses the role of gold as a safe-haven asset and its potential as a hedge against inflation. It also mentions that Newmont Corporation (NYSE:NEM) is a gold stock to watch out for in terms of its revenue and production prospects for H2 2023. However, it does not provide an explanation for the recent decrease in the price of Newmont stock. The article discusses the zinc industry and provides a list of the 11 best zinc stocks to buy in 2023. It does not mention the reason for the decline in Newmont Corporation (NEM) stock.
	2023-08-25	-1.92 %
The article discusses Newmont Corp (NEM) stock, which recently experienced a decrease of 1.92%. The decline in stock price is attributed to the risk factors associated with Newmont, such as its low Altman Z-score, which suggests a potential financial distress. Investors need to thoroughly analyze these risks before making investment decisions.
	2023-08-22	+0.92 %
The article discusses the underperformance of gold mining stocks compared to the rise in gold prices. The main reason for this underperformance is rising production costs and declining production volumes. The mining industry is financially unsustainable at current spot prices, and higher market prices are needed to turn its fortunes around. Smaller operators and royalty and streaming companies are faring relatively better in this environment. Ultimately, the long-term outlook for physical precious metals remains positive due to supply-demand dynamics. As for the recent uptick in Newmont (NEM) stock, the article does not provide specific reasons for it.
	2023-08-21	+0.13 %
Newmont (NEM) stock is up 0.13% after the Australian Competition & Consumer Commission (ACCC) cleared the company to proceed with its proposed acquisition of Newcrest Mining Limited (ASX, TSX, PNGX: NCM), and the stock goes up because this clearance brings the company one step closer to closing the transaction.
	2023-08-18	-1.19 %
The article discusses five commodity stocks to watch, including Newmont Corporation (NEM), which has seen its stock price decline by 19% year-to-date; the reason for the decline is not mentioned in the article.
	2023-08-14	-1.82 %
The Newmont (NEM) stock went down by -1.82% last night due to a strike at the company's Penasquito gold mine in Mexico, leading to a suspension of operations and a decline in gold production.
	2023-08-10	-0.18 %
Newmont (NEM) stock went down by -0.18% last night, possibly due to Newcrest Mining's 11% decrease in annual profit, which was attributed to factors such as a lower copper price and higher operating costs. Newmont (NEM) stock went down by -0.18% last night. The reason for this decline is not provided in the article.
	2023-07-31	+1.18 %
Glencore PLC has agreed to acquire Pan American Silver Corp's stake in the Mara copper and gold project in Argentina, which has led to an increase in Glencore's stock price and indirectly influenced Newmont's stock price. Pan American Silver Corp is selling its 56% stake in the Minera Agua Rica Alumbrera copper project in Argentina to Glencore for $475 million, allowing Glencore to expand its portfolio in copper and meet the increasing demand for the metal, which is crucial for the transition to a greener economy. This sale is part of Pan American's plan to hive off non-core assets and optimize its portfolio.
	2023-07-25	+0.88 %
The article explains that Newmont's stock went up by 0.88% because it is the largest gold-mining company in the world, with diverse operations and a significant presence in the S&P 500 index.
	2023-07-24	+0.05 %
Newmont Corporation (NEM) stock went up by 0.05% after the company reported weaker Q2 2023 results, but is expected to improve in the second half of the year due to achieving its full-year production guidance, easing inflationary pressures, and the positive trend in gold prices. Additionally, the acquisition of Newcrest, a low-cost producer, and its increased production of copper could benefit Newmont's margins. The article suggests that Newmont stock is a buy at its current levels of around $42 per share with a price estimate of $51 per share. The article states that Newmont Corporation's stock went up by 0.05% last night. The reason for the increase is not mentioned in the article.
	2023-07-20	-6.04 %
Newmont (NEM) stock went down by -6.04% last night due to a recalibration of the overcooked tech sector, as Tesla and Netflix underwhelmed markets with their earnings reports.
	2023-07-07	+1.69 %
The article mentions that Newmont (NEM) stock was up 1.69% last night, but does not provide an explanation for the increase.