| 2024-11-18 | +3.49 % |
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| 2024-11-13 | -0.84 % |
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| 2024-11-11 | -6.02 % |
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| 2024-11-08 | -0.27 % |
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| 2024-11-07 | +1.53 % |
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| 2024-11-06 | -3.3 % |
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| 2024-11-04 | +1.1 % |
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| 2024-11-01 | -0.4 % |
- Newmont (NEM) stock declined by 0.4% following a decrease in institutional holdings, disappointing quarterly earnings that missed analyst estimates, and several analyst downgrades that negatively impacted investor sentiment.
- Newmont's (NEM) stock declined by 0.4% following a downgrade from UBS Group, which lowered its rating from "buy" to "neutral" and cut the target price from $67.00 to $54.00, indicating reduced investor confidence.
- Newmont (NEM) stock fell 0.4% after the company reported quarterly earnings of $0.81 per share, missing analysts' estimates of $0.86, alongside a revenue that also fell short of expectations.
- Newmont (TSE:NGT) stock declined by 0.4% after UBS Group downgraded its rating from "strong-buy" to "hold," joining other analysts who have made similar downgrades recently, resulting in a consensus shift that negatively impacted investor sentiment.
- Newmont Co. (NYSE:NEM) stock fell 0.4% following a quarterly earnings report that missed analysts' expectations, reporting $0.81 earnings per share against a consensus estimate of $0.86, combined with recent insider selling activities by executives.
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| 2024-10-31 | -3.2 % |
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| 2024-10-30 | -1.8 % |
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| 2024-10-29 | -1.16 % |
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| 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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