Newmont Corporation ($NEM) has been attracting a lot of investor attention lately. Many asset management and investment firms, including Los Angeles Capital Management LLC, Harvest Portfolios Group Inc., and Sigma Planning Corp, have increased their holdings, while others, like First Eagle Investment Management LLC and Twin Capital Management Inc., have reduced their stakes, signaling a mixed investment strategy among firms.
The company has beaten Q3 earnings and revenue estimates, positioning it well for future growth. Its shares have shown a positive growth trend, making it a top value stock for long-term investors. However, the company's stock dipped despite beating Q3 earnings, due to a 15% drop in gold production.
Newmont Corporation's performance has led to a positive coverage by analysts, with an average rating of
'Buy' given to the company. However, investors are cautioned to think twice before jumping in. There is also good news for the company's shareholders as Newmont Corporation is expected to receive $100M payment from Zijin Mining Group.
Despite all of this, the company's CEO sold $406,700.00 in stock, and the news of restructuring impacting 16% of jobs within the company could bring about caution among potential investors.
Newmont Corporation NEM News Analytics from Tue, 08 Jul 2025 07:00:00 GMT to Sat, 08 Nov 2025 13:14:30 GMT -
Rating 5
- Innovation 3
- Information 6
- Rumor -5
