Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2020, it had proven and probable gold reserves of 94.2 million ounces and land position of 58,900 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.
IPO Year:
Exchange: NYSE
Website: newmont.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/30/2024 | $67.00 → $54.00 | Buy → Neutral | UBS |
10/28/2024 | Sector Outperform → Neutral | CIBC | |
10/25/2024 | Sector Outperform → Sector Perform | Scotiabank | |
8/29/2024 | Hold → Buy | Argus | |
8/19/2024 | $48.00 → $59.00 | Sector Perform → Sector Outperform | Scotiabank |
7/10/2024 | $61.00 | Neutral → Sector Outperform | CIBC |
7/8/2024 | Overweight → Neutral | JP Morgan | |
6/17/2024 | $40.00 → $50.00 | Neutral → Buy | UBS |
2/29/2024 | $34.00 → $38.00 | Buy | Jefferies |
2/26/2024 | Buy → Hold | Argus |
The addition of the Cat truck to Newmont's fleet reflects commitment to implementing more sustainable mining practices Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM)) ("Newmont") today announces the commissioning of its first battery-electric large mining truck at the Cripple Creek and Victor (CC&V) mine in Teller County, Colorado, U.S. The vehicle, dubbed the Early Learner Cat® 793 XE, is an important milestone for Newmont, made possible through its strategic alliance with Caterpillar Inc. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241029254346/en/ "The arrival of the Early Learner Cat 793 XE underscores our o
Transaction marks K1's seventh exit of 2024 and will contribute to over $2.9 billion in enterprise value realized YTD MANHATTAN BEACH, Calif., Oct. 28, 2024 /PRNewswire/ -- K1 Investment Management, LLC ("K1"), one of the largest investors in small-cap enterprise software companies, today announced that its portfolio company Irwin, a leading provider of investor relations (IR) and capital markets software, has entered into a definitive agreement to be acquired by FactSet (NYSE:FDS, NASDAQ:FDS), a global financial digital platform and enterprise solutions provider. The transaction is expected to close in the coming weeks and marks K1's second exit to a publicly traded strategic buyer since th
The award is a competitive process with U.S. companies nominated by ambassadors from around the world Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) today announces its operations in Suriname has been awarded with the United States of America Secretary of State's Award for Corporate Excellence in the Climate Resilience category. This recognition, highlights Newmont's pivotal role in advancing Suriname's economic development and the company's commitment to sustainability and corporate responsibility. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241028794086/en/ "Newmont is honored to receive this prestigious awa
Newmont Corporation (NYSE:NEM, ASX: NEM, TSX:NGT, PNGX: NEM))) (Newmont or the Company) today announced third quarter 2024 results and declared a third quarter dividend of $0.25 per share. "In the third quarter, Newmont delivered 2.1 million gold equivalent ounces and generated $760 million in free cash flow from our world-class portfolio," said Tom Palmer, Newmont's President and Chief Executive Officer. "We continue to make meaningful progress on our non-core divestment program with the two transactions announced in the quarter, which are expected to deliver up to $1.5 billion in combined gross proceeds. Our divestiture progress and strong free cash flow generation have positioned us to
Orosur Mining Inc - Colombia updateHigh grade and highly anomalous rock chip, channel and soil samples across a wide area at Pepas increase the prospectivity of the region. Historical sampling results from the El Cedro and El Roble prospects suggest highly prospective porphyry system that the Company plans to follow up in the near term.LONDON, UK / ACCESSWIRE / October 22 2024 / Orosur Mining Inc. ("Orosur" or the "Company") (TSXV:OMI)(AIM:OMI), is pleased to announce an update on the progress of exploration activities at the Company's Anzá Project ("Project") in Colombia.As announced on September 10th 2024, the Company has signed a definitive, binding Share Purchase Agreement ("SPA") that o
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) and MKS PAMP partner to offer consumers a traceable gold bar exclusively made with Newmont-mined gold, refined and minted by MKS PAMP in Switzerland – powered by Provenance™. The mine-to-market traceable PAMP 1oz Lady of Liberty gold bar is available at the largest U.S. wholesaler, making owning gold an accessible option for wealth building. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241014009144/en/Newmont and MKS PAMP partner to offer consumers a traceable gold bar. (Photo: Business Wire) "The opportunity for Newmont gold to be accessible, direct to consumers, i
Transaction in-line with strategy to focus on Tier 1 asset portfolio Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) ("Newmont" or the "Company") has announced today it will sell its Akyem operation in the Republic of Ghana to Zijin Mining Group Co., Ltd. ("Zijin") under a definitive agreement, for cash consideration of up to $1 billion. The sale is part of Newmont's ongoing program to divest non-core assets as the Company makes a strategic shift to focus on its Tier 1 assets. Under the terms of the agreement, Newmont is expected to receive cash consideration of $900 million upon closing. A further $100 million is expected to be received upon the satisfaction of certain con
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) will release its third quarter 2024 operations and financial results after market close on Wednesday, October 23, 2024, and will hold a conference call to discuss results on Thursday, October 24, 2024 at 11:00 a.m. Eastern Daylight Time (9:00 a.m. Mountain Daylight Time). Conference Call Details Dial-In Number 833.470.1428 Intl Dial-In Number 404.975.48391 Dial-in Access Code 037611 Conference Name Newmont Replay Number 866.813.9403 Intl Replay Number 929.458.6194 Replay Access Code 197186 Webcast Details Title: Newmont Third Quarter 2024 Earnings Confer
2024 Tier 1 Portfolio Guidance Maintained, Non-Core Guidance Updated Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) announces today, as part of its ongoing program to divest non-core assets, it has agreed to sell the Telfer operation, Newmont's 70% interest in the Havieron gold-copper project (Havieron), and other related interests in the Paterson region, all in Australia, to Greatland Gold plc (AIM:GGP) (Greatland). The transaction is expected to close in the fourth quarter of 2024, subject to certain conditions being satisfied.1 Under the terms of the agreement, Newmont expects to receive gross proceeds of up to $475 million, which includes: Cash consideration of $207.
Paradigm for Parity honors impactful female leaders on Women's Equality Day Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) today announces Lori Douglas, Newmont's Head of Productivity for North America, has been honored as one of Paradigm for Parity's Women on the Rise for 2024. This recognition, in acknowledgement of Women's Equality Day, highlights Lori's exceptional leadership, commitment to advancing women in the workplace and continued efforts to promote diversity and inclusion. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240827356045/en/Newmont's Lori Douglas Honored as a 2024 Paradigm for Parity Woman
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UBS downgraded Newmont Corporation from Buy to Neutral and set a new price target of $54.00 from $67.00 previously
CIBC downgraded Newmont Corporation from Sector Outperform to Neutral
Scotiabank downgraded Newmont Corporation from Sector Outperform to Sector Perform
Argus upgraded Newmont Corporation from Hold to Buy
Scotiabank upgraded Newmont Corporation from Sector Perform to Sector Outperform and set a new price target of $59.00 from $48.00 previously
CIBC upgraded Newmont Corporation from Neutral to Sector Outperform and set a new price target of $61.00
JP Morgan downgraded Newmont Corporation from Overweight to Neutral
UBS upgraded Newmont Corporation from Neutral to Buy and set a new price target of $50.00 from $40.00 previously
Jefferies resumed coverage of Newmont Goldcorp with a rating of Buy and set a new price target of $38.00 from $34.00 previously
Argus downgraded Newmont Goldcorp from Buy to Hold
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Newmont Corporation (NYSE:NEM, ASX: NEM, TSX:NGT, PNGX: NEM))) (Newmont or the Company) today announced third quarter 2024 results and declared a third quarter dividend of $0.25 per share. "In the third quarter, Newmont delivered 2.1 million gold equivalent ounces and generated $760 million in free cash flow from our world-class portfolio," said Tom Palmer, Newmont's President and Chief Executive Officer. "We continue to make meaningful progress on our non-core divestment program with the two transactions announced in the quarter, which are expected to deliver up to $1.5 billion in combined gross proceeds. Our divestiture progress and strong free cash flow generation have positioned us to
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) will release its third quarter 2024 operations and financial results after market close on Wednesday, October 23, 2024, and will hold a conference call to discuss results on Thursday, October 24, 2024 at 11:00 a.m. Eastern Daylight Time (9:00 a.m. Mountain Daylight Time). Conference Call Details Dial-In Number 833.470.1428 Intl Dial-In Number 404.975.48391 Dial-in Access Code 037611 Conference Name Newmont Replay Number 866.813.9403 Intl Replay Number 929.458.6194 Replay Access Code 197186 Webcast Details Title: Newmont Third Quarter 2024 Earnings Confer
Newmont Corporation (NYSE:NEM, ASX: NEM, TSX:NGT, PNGX: NEM))) (Newmont or the Company) today announced second quarter 2024 results and declared a second quarter dividend of $0.25 per share. "Newmont delivered a solid second quarter, producing 2.1 million gold equivalent ounces and generating $594 million in free cash flow," said Tom Palmer, Newmont's President and Chief Executive Officer. "We continued to advance our divestiture program and, to date, have announced $527 million in proceeds this year. With this momentum, we completed $250 million in share repurchases and repaid $250 million in debt. As we head into the second half of the year, we remain confident in our ability to continu
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) will release its second quarter 2024 operations and financial results after market close on Wednesday, July 24, 2024, and will hold a conference call to discuss results on Thursday, July 25, 2024 at 11:00 a.m. Eastern Daylight Time (9:00 a.m. Mountain Daylight Time). Conference Call Details Dial-In Number 833.470.1428 Intl Dial-In Number 404.975.48391 Dial-in Access Code 688614 Conference Name Newmont Replay Number 866.813.9403 Intl Replay Number 929.458.6194 Replay Access Code 757808 Webcast Details Title:
LAS VEGAS, June 05, 2024 (GLOBE NEWSWIRE) -- Global Financial Markets Communications News Commentary - Recent months have seen the gold price move decisively into a higher trading range, and momentum return to the precious metals mining sector following three years of consolidation. Gold has risen over 10% during 2024 so far, while gold miners have recovered the sector's February lows. While encouraging, these returns represent only a fraction of the performance exhibited by gold equities during previous upcycles. The potential catch-up trade for gold equities versus gold is substantial, given the extreme low valuations from which the sector is recovering. Gold miners have lagged behind
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) (Newmont or the Company) today announced first quarter 2024 results and declared a first quarter dividend of $0.25 per share. "Newmont delivered a strong first quarter operational performance, producing 2.2 million gold equivalent ounces and generating over $1.4 billion in cash from operations before working capital changes," said Tom Palmer, Newmont's President and Chief Executive Officer. "Underpinned by the gold industry's leading portfolio of Tier 1 gold and copper operations, we remain well-positioned to achieve our full-year guidance and deliver meaningful synergies and productivity improvements from the combined portfol
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) today announced that it will release first quarter 2024 operations and financial results on Thursday, April 25, 2024. Newmont will hold a conference call at 11:00 a.m. Eastern Daylight Time (9:00 a.m. Mountain Daylight Time), the same day, which will be available on the Company's website. Conference Call Details Dial-In Number 833.470.1428 Intl Dial-In Number 404.975.48391 Dial-in Access Code 475768 Conference Name Newmont Replay Number 866.813.9403 Intl Replay Number 929.458.6194 Replay Access Code 418753
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) reported higher gold Mineral Reserves ("reserves") of 135.9 million attributable ounces for 2023 compared to the Company's 96.1 million ounces at the end of 2022. Newmont has significant upside to other metals, including more than 30 billion pounds of copper reserves and nearly 600 million ounces of silver reserves. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240222480917/en/Percentage of Gold Reserves by Jurisdiction (Graphic: Business Wire) "Newmont has strengthened its position as the responsible gold leader with the industry's highest concentration of quality
`Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) (Newmont or the Company) today announced fourth quarter and full year 2023 results, as well as its 2024 outlook. "2023 was a transformational year for Newmont, and for all of our stakeholders," said Tom Palmer, Newmont's President and Chief Executive Officer. "With the acquisition of Newcrest now complete, our principal focus for 2024 is to integrate and transform our leading portfolio of Tier 1 assets into a unique collection of the world's best gold and copper operations and projects. With stable production and structured reinvestment throughout the year, we are strongly positioned to deliver on our commitments in 2024 and
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) today announced that it will release its full year and fourth quarter 2023 operations and financial results, along with its 2024 guidance, on Thursday, February 22, 2024. Newmont will hold a conference call at 10:00 a.m. Eastern Standard Time (ET) and 4:00 p.m. ET, the same day, which will be available on the Company's website. 10:00 a.m. ET Conference Call Details Dial-In Number 833.470.1428 Intl Dial-In Number 404.975.48391 Dial-in Access Code 960159 Conference Name Newmont Intl Replay Number 929.458.6194 Replay Access Code 672728
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) today announced the appointment of Harry M. (Red) Conger to its Board of Directors, who will also serve on the Safety and Sustainability Committee. Red brings over 46 years of extensive mining and leadership experience to Newmont's Board of Directors, having recently retired from Teck Resources, where he served as President and Chief Operating Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240627078254/en/Newmont Welcomes Industry Veteran Red Conger to Board of Directors (Photo: Business Wire) "We are pleased to welcome Red Conger to Newmont's Board of Direc
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) today announced the appointment of Francois Hardy as Chief Technology Officer (CTO). Francois will join Newmont's Executive Leadership Team and lead the technical work across the business to improve operational performance and drive growth. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240419973025/en/Newmont Appoints Mining Industry Veteran Francois Hardy as Chief Technology Officer (Photo: Business Wire) Francois will take over from interim CTO, Dean Gehring, who also served in a dual role as Newmont's Chief Integration Officer. After a period of transition, Dean
Peter brings vast international experience in managing legal, risk, compliance, M&A, antitrust and corporate governance affairs Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM))) today announced the appointment of Peter Wexler as Chief Legal Officer. Peter will join Newmont's Executive Leadership Team and be responsible for leading the company's legal, compliance and regulatory affairs globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240123636145/en/Newmont Strengthens Leadership Team with Appointment of Industry Leader Peter Wexler as Chief Legal Officer (Photo: Business Wire) Peter is an experienced legal
All Regulatory Approvals Needed for Transaction Are Now Secured Newmont Corporation (NYSE:NEM, TSX:NGT) announced that the Securities Commission of Papua New Guinea (SCPNG) has granted the necessary exemptions and other requested confirmations under PNG capital markets law to allow the Company to proceed with its proposed acquisition of Newcrest Mining Limited (ASX, TSX, PNGX: NCM). Last week, the Philippine Competition Commission (PCC) also indicated its approval of the proposed transaction. All of the government regulatory approvals necessary for the transaction to proceed have now been secured. Newmont's President and Chief Executive Officer, Tom Palmer, thanked PNG's government and
Newmont Corporation (NYSE:NEM, TSX:NGT) today announced the appointment of Karyn Ovelman as Executive Vice President and Chief Financial Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230518005783/en/Karyn Ovelman (Photo: Business Wire) Karyn Ovelman is a highly experienced financial professional who will focus on financial discipline and maintaining a robust and flexible balance sheet to support Newmont's capital allocation strategy. Karyn will be responsible for Newmont's Global Finance Functions and will join Newmont during the second quarter of 2023. Karyn brings extensive global leadership experience to the role,
Newmont Corporation (NYSE:NEM, TSX:NGT) today announced that Natascha Viljoen will join the Company's Executive Leadership Team as Executive Vice President and Chief Operating Officer upon completion of her notice period of up to 12 months. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230214005917/en/Natascha Viljoen, Executive Vice President and Chief Operating Officer (Photo: Business Wire) As a seasoned industry leader with over 30 years of experience across a diverse range of commodities, Natascha further strengthens Newmont's technical, operational and management capabilities. Natascha has served as the CEO of Anglo Americ
VANCOUVER, BC / ACCESSWIRE / September 27, 2022 / Guanajuato Silver Company Ltd. (the "Company" or "GSilver") (TSXV:GSVR)(OTCQX:GSVRF) is pleased to announce the appointment of Reynaldo Rivera Abundis to the position of VP Exploration. Mr. Rivera is a seasoned geological engineer, who brings over 45 years of mineral exploration success to his position at GSilver.Commenting on this appointment, Ramon Davila, President of GSilver said, "I had the pleasure to work closely with Reynaldo while at Luismin S.A. de C.V., and I have followed his accomplished career ever since; he is one of Mexico's most successful and imaginative geologists who will bring central leadership to Guanajuato Silver's mul
Newmont Corporation (NYSE:NEM, TSX:NGT) today announced a series of executive leadership appointments to strategic technical and operational roles within the Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220921006032/en/Aaron Puna, Executive Vice President and Chief Technology Officer (Photo: Business Wire) Newmont announced that Aaron Puna will join the Company's Executive Leadership Team as Executive Vice President and Chief Technology Officer effective January 2023. A seasoned industry leader with experience across a diverse range of commodities, Aaron further strengthens Newmont's technical, operational and manageme
Newmont Corporation (NYSE:NEM, TSX:NGT) has announced it will delay the full-funds investment decision for the Yanacocha Sulfides project in Peru to the second half of 2024. To complement this announcement, Newmont has appointed Dean Gehring as Chief Development Officer – Peru to lead the Company's Yanacocha operations and the Sulfides project. The Company has completed an extensive review of the Yanacocha Sulfides project scope and schedule and revised the project timeline. As part of its review, Newmont considered the unprecedented and evolving market conditions, including the continued war in Ukraine, record inflation rates, the rising prices for commodities and raw materials, prolonged
Company Further Embeds ESG and Sustainability into Its Future Strategy Newmont Corporation (NYSE:NEM, TSX:NGT) has announced Peter Toth as Chief Strategy and Sustainability Officer following the retirement of Chief Sustainability & External Affairs Officer Stephen Gottesfeld after 25 years of dedicated service to the Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220817005349/en/Peter Toth, Newmont Corporation (Photo: Business Wire) Newmont has long been a leader in sustainable and responsible mining, and considers environmental, social and governance (ESG) practices to be fundamental to the way in which it operates. Wi
Newmont (NYSE:NEM) reported quarterly earnings of $0.72 per share which beat the analyst consensus estimate of $0.62 by 16.13 percent. The company reported quarterly sales of $4.402 billion which beat the analyst consensus estimate of $4.116 billion by 6.95 percent. This is a 64.07 percent increase over sales of $2.683 billion the same period last year.
Wall Street experienced a turbulent session on Wednesday, with the S&P 500 index heading toward its worst performance in over a year and the tech-focused Nasdaq 100 eyeing its fifth decline in the last six sessions. The Magnificent Seven group — Microsoft Corp. (NYSE:MSFT), Apple Inc. (NASDAQ:AAPL), NVIDIA Corp., Alphabet Inc., Amazon Inc. (NASDAQ:AMZN), Meta Platforms Inc. (NASDAQ:META) and Tesla, Inc. — wiped out over $570 billion in their combined market valuation by midday trading in New York. The Roundhill Magnificent Seven ETF (NYSE:MAGS) fell 4.9%, marking the worst daily performance since the fund’s inception last year. Tesla shares plummeted over 11% after missing earnings exp
Whales with a lot of money to spend have taken a noticeably bullish stance on Newmont. Looking at options history for Newmont (NYSE:NEM) we detected 8 trades. If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 25% with bearish. From the overall spotted trades, 3 are puts, for a total amount of $348,470 and 5, calls, for a total amount of $350,921. Predicted Price Range Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $35.0 to $60.0 for Newmont over the last 3 months. Insights into Volume & Open Interest In today's trading co
Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest. Here's a look at the Benzinga Stock Whisper Index for the week of July 19: Read Also: EXCLUSIVE: Top 10 Most Searched Tickers On Benzinga Pro In First Half 2024 – Where Do Nvidia, Tesla, Palantir, GameStop
Gold reached new all-time highs Tuesday, with the commodity soaring above $2,460 per ounce and showcasing a robust 1.7% gain for the session, driven by heightened investor convictions that the Fed will cut interest rates at its September meeting. Jerome Powell‘s remarks during his interview at the Economic Club of Washington Monday appear to have dispelled the last doubts about the start of rate cuts after the Fed chair confidently welcomed the latest inflation reports for the second quarter. "We've had now three better readings. And if you average them, it's a pretty good pace," Powell said. He further hinted the Fed would be willing to act by lowering interest rates if labor market c
Investors with a lot of money to spend have taken a bullish stance on Newmont (NYSE:NEM). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NEM, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga's options scanner spotted 18 uncommon options trades for Newmont. This isn't normal. The overall sentiment of these big-money traders is split between 55% bullish and 33%, bearish. Out of all of the special option
Providing a diverse range of perspectives from bullish to bearish, 9 analysts have published ratings on Newmont (NYSE:NEM) in the last three months. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 2 4 0 0 Last 30D 1 0 0 0 0 1M Ago 2 1 0 0 0 2M Ago 0 0 2 0 0 3M Ago 0 1 2 0 0 Analysts have recently evaluated Newmont and provided 12-month price targets. The average target is $50.89, accompanied by a high estimate of $61.00 and
Jefferies analyst Matthew Murphy maintains Newmont (NYSE:NEM) with a Buy and raises the price target from $50 to $54.
CIBC analyst Anita Soni upgrades Newmont (NYSE:NEM) from Neutral to Outperformer and raises the price target from $46 to $61.