The Latest Breaking News from NEM

Mining giant Newmont has significantly outperformed the broader market over the past year, and analysts remain strongly bullish on the stock’s prospects.

Newmont Corp (NYSE:NEM) reported third-quarter financial results after the market close on Thursday. Here’s a rundown of the gold miner’s report.

Shares of Newmont Corporation (NYSE:NEM) are trading sharply lower on Tuesday as gold prices experience their steepest single-day drop in five years. Here’s what investors need to know.

Gold mining giant Newmont is gearing up to announce its third-quarter results later this month, and analysts expect a massive double-digit growth in earnings.

Newmont Corp. (NYSE:NEM) (TSX:NGT) said it has sold its entire stake in Orla Mining Ltd. (NYSE:ORLA), raising nearly $900 million in after-tax proceeds.

In 2025's stock market spotlight — dominated by tech titans such as Nvidia Corp (NASDAQ:NVDA) and Meta Platforms Inc (NASDAQ:META) — Newmont Corp. (NYSE:NEM) is quietly stealing the show. The world's largest gold miner has surged 106% year-to-date (YTD) as of Sep. 15, turning ore into investor treasure.

Although Newmont has outpaced the Dow over the past year, analysts remain cautiously optimistic about the stock’s prospects.

Four leading precious metals stocks have surged into the top 10th percentile of the latest market momentum rankings, as shifting global demand boosts gold prices and gives miners a competitive edge.

Newmont Corporation (NYSE:NEM), the world’s largest gold producer, is reported to be evaluating significant cost-cutting measures that could result in thousands of job losses.

SPOT, VRSN, and NEM are all greatly outperforming in 2025. As a signal of confidence going forward, they are also boosting buyback capacity significantly.

Newmont has delivered stronger returns than the broader market over the past year, and analysts are maintaining a moderately positive outlook on the stock’s future performance.