Numerous updates have surrounded Newmont Corporation (NEM), with mixed responses from the market. Positive remarks from Jim Cramer have highlighted the company's recent breakthroughs, together with escalating gold prices and potential for a $100M payment from Zijin Mining Group. Analysts have made upgrades and raised price targets, endorsing NEM's growth prospects. This positive outlook is fortified by the company's solid cash flow and strong institutional ownership. However, insider sell of shares and a downgrade to 'Neutral' at Macquarie indicate potential risks. The firm has announced monetization of equity received from divestitures, and marked a significant $2B debt restructuring milestone. NEM has also shown strong momentum outpacing the S&P 500 and peers in the Basic Materials sector. Investor concern is present, though, with Newmont's stock falling at times as the market improves. Some also wonder if stock performance aligns with its financial health. Despite challenges and mixed views of Wall Street analysts, NEM still stands strong with an industry-leading margin, impressive free cash flow, and long-term value creation potential.
Newmont Corporation NEM News Analytics from Sat, 12 Apr 2025 07:00:00 GMT to Sat, 06 Sep 2025 03:12:02 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor 2
