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Newmont Corporation NEM - News Analyzed: 5,061 - Last Week: 80 - Last Month: 212

↝ Newmont Corporation (NEM): Earnings Highs and Lawsuit Lows

Newmont Corporation (NEM): Earnings Highs and Lawsuit Lows

The collection of reports concerning Newmont Corporation (NEM) portrays a mixed picture. Positive news includes the corporation outpacing stock market gains, beating Q4 earnings and revenue estimates and reports of strengthening gold dominance in 2024. The corporation's Q4 performances have been a high note with record cash flow, strategic divestments, and a report of 134.1 million ounces of gold and 13.5 million tonnes of copper in their 2024 mineral reserves.

However, not all reports are positive as many investors with losses on their NEM investments are being reminded of a class action lawsuit and upcoming deadlines. Various law firms and stakeholders urge investors to join the class action suit seeking recovery. The corporation has also delayed a decision on Yanacocha sulfides project in Peru, and there is speculation that NEM shares may have run too fast too soon. Labelled as undervalued by some, Newmont faces an ex-dividend reminder as well.

Newmont Corporation NEM News Analytics from Fri, 05 Jun 2015 03:15:54 GMT to Sat, 01 Mar 2025 09:14:31 GMT - Rating -1 - Innovation -2 - Information 6 - Rumor -2

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