Newmont Corporation (NEM) has been gathering significant
investor attention lately, largely due to its strong momentum as a stock and a lucrative gold mining choice. The corporation has been performing well in the stock market, despite some trailing, with a recent trend indicating consistent growth.
Legal & General Group Plc has boosted its holdings in the company, contributing to the firm's performance. However, there have been moments when the corporation's stock dipped despite an overall market uptick, showing some level of volatility.
Wall Street analysts have been increasingly bullish on this gold stock. Recently,
President & CEO Thomas Palmer sold some of his shares of the corporation. On the other hand, the corporation's Q2 earnings and revenues exceeded estimates, shining positively on the company's profitability amidst strong
gold pricing. There has been a notable increase in
short interest, indicating investors' increased interest in betting against the stock. However, the corporation's stock prices remain on a steady upward trajectory, making it a strong buy at this time.
Newmont Corporation NEM News Analytics from Mon, 08 Jan 2024 08:00:00 GMT to Sun, 29 Sep 2024 07:49:23 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor -5
