Yahoo · Sep 4, 2026
Newmont Corporation (NEM) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest trading session, Newmont Corporation (NEM) closed at $128.09, marking a -1.79% move from the previous day.
NYSE · NEM
Newmont Corporation
Basic Materials · Gold
$128.09
Down-$2.34 (-1.79%)
Updated Sep 5, 2026, 6:03 PM
SID Score
7.5/10
Composite research score
Smart Money
62/100
Neutral
- Market cap
- 108.47B
- P/E ratio
- 15.17
- Dividend yield
- 0.78%
- 52-week range
- $88.75 – $135.29
- Volume
- 5.75M
- Avg. volume
- 11.28M
Price performance
NEM price history
1M range · 21 trading sessions · Daily adjusted prices
NEM closed at $128.09 after 21 trading sessions, up 13.37% for the selected period.
- Last close
- $128.09
- Period change
- +13.37%
- Period low
- $112.98
- Period high
- $135.14
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 4, 2026 | $126.25 | $128.86 | $126.065 | $128.09 | 5.75M |
| Sep 3, 2026 | $128.17 | $130.71 | $126.81 | $130.43 | 7.74M |
| Sep 2, 2026 | $124.97 | $127.1175 | $123.334 | $125.16 | 6.35M |
| Sep 1, 2026 | $121.94 | $126.09 | $121.55 | $122.63 | 8.02M |
| Aug 31, 2026 | $127.45 | $127.86 | $124.55 | $126.06 | 16.67M |
| Aug 28, 2026 | $132.35 | $132.89 | $127.11 | $127.98 | 8.83M |
| Aug 27, 2026 | $131.02 | $133.70 | $130.8701 | $132.29 | 6.43M |
| Aug 26, 2026 | $132.64 | $133.285 | $131.45 | $131.60 | 10.41M |
| Aug 25, 2026 | $129.98 | $135.29 | $129.70 | $135.14 | 7.14M |
| Aug 24, 2026 | $133.40 | $133.72 | $129.16 | $131.84 | 6.48M |
| Aug 21, 2026 | $131.12 | $132.335 | $129.8001 | $131.58 | 10.52M |
| Aug 20, 2026 | $124.25 | $128.69 | $123.71 | $127.64 | 9.67M |
| Aug 19, 2026 | $123.83 | $126.60 | $123.20 | $125.08 | 9.07M |
| Aug 18, 2026 | $118.31 | $119.44 | $115.83 | $115.98 | 6.54M |
| Aug 17, 2026 | $119.39 | $121.40 | $118.635 | $120.33 | 7.19M |
| Aug 14, 2026 | $115.80 | $119.1698 | $115.315 | $117.76 | 5.58M |
| Aug 13, 2026 | $115.01 | $115.61 | $113.28 | $114.19 | 6.67M |
| Aug 12, 2026 | $120.00 | $120.19 | $117.65 | $117.84 | 6.91M |
| Aug 11, 2026 | $117.33 | $118.2124 | $116.00 | $117.21 | 6.8M |
| Aug 10, 2026 | $115.00 | $117.73 | $113.10 | $117.26 | 10.03M |
| Aug 7, 2026 | $110.52 | $113.765 | $110.00 | $112.98 | 10.68M |
Latest NEM news
The latest Smart Investors Daily articles mentioning NEM.
Stock researchCompany · Overview
NEM research
Overview
Company profile and research snapshot.
Company profile
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 11 mines and interests in two joint ventures in the Americas, Africa, Australia, and Papua New Guinea. The company is expected to sell roughly 5.6 million ounces of gold in 2025 from its core mines after selling six higher-cost, smaller mines following the Newcrest acquisition. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves, along with significant byproduct reserves at the end of December 2024.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $104.26
- Implied upside
- —
- Analysts
- 12
| Date | Firm | Rating | Target |
|---|---|---|---|
| Aug 12, 2026 | Scotiabank | Sector Outperform | — |
| Jul 28, 2026 | Barclays | Overweight | — |
| Jul 16, 2026 | Barclays | Overweight | — |
| Jul 14, 2026 | TD Cowen | Buy | — |
| Jul 14, 2026 | Scotiabank | Sector Outperform | — |
News briefing
Generated Sep 5, 2026, 3:25 PM
Why Is NEM Down Today?
Newmont Corporation fell 1.79% today, underperforming the broader market amid a complex mix of headwinds and tailwinds in the gold mining sector. The decline appears driven by strong jobs data that pressured gold stocks across the board, though Wall Street analysts remain optimistic about the company's long-term prospects.
Bottom line: Newmont's 1.79% decline today reflects tactical profit-taking following a strong 34.5% August rally, combined with sector-wide pressure from solid U.S. jobs data that reduces safe-haven gold demand. Despite today's pullback, analyst optimism and Newmont's positioning as an income-producing hedge asset suggest the recent uptrend remains intact, though investors should monitor interest rate expectations and macroeconomic data as key drivers of near-term volatility.
Yahoo · Sep 4, 2026
JPMorgan’s Own Strategist Says the Fed Has Quietly Surrendered on 2% Inflation
A senior strategist at one of America's largest private banks just said something that reframes every fixed-income position in your portfolio, and the implications reach well beyond a single rate call.
Yahoo · Sep 4, 2026
Gold miners and bitcoin stocks fall on strong jobs data
Investing.com -- Gold mining and crypto-linked equities skidded Friday as a blowout U.S. jobs report dampened expectations for monetary easing, lifting implied odds of a Fed rate hike next week to 60% from 52%. The Labor Department reported nonfarm payrolls surged by 162,000 last month, dwarfing the consensus forecast of 55,000. While the resilient labor market signals economic strength, Fed funds futures swiftly repriced policy expectations. Traders now see a 60% probability of a rate hike at n
Yahoo · Sep 4, 2026
Is Newmont (NEM) a Buy as Wall Street Analysts Look Optimistic?
The average brokerage recommendation (ABR) for Newmont (NEM) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
AI research layers
Interpretive context generated from the platform’s current data sources.
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