Newmont (NYSE:NEM) Shares Down 5.8% – What’s Next?

Shares of Newmont Corporation (NYSE:NEM) were down 5.8% during trading on Monday . The stock traded as low as $97.67 and last traded at $99.6580. Approximately 9,515,628 shares traded hands during trading, a decline of 17% from the average daily volume of 11,456,684 shares. The stock had previously closed at $105.78.

Trending Headlines about Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Raymond James raised its price target on NEM to $111 from $99, signaling continued analyst confidence in Newmont’s outlook and providing a potential technical/psychological support for the shares. Newmont price target raised to $111 from $99 at Raymond James
• Positive Sentiment: Analysts and coverage momentum remain favorable: a consensus “Buy” from brokerages highlights continued institutional conviction in Newmont’s strategy and cash flow profile. Newmont Corporation (NYSE:NEM) Receives Consensus Recommendation of “Buy” from Brokerages
• Positive Sentiment: Macro-driven thesis still intact: coverage notes Newmont rallied ~82% over six months on gold upside, demonstrating strong earnings, cash flow and portfolio focus that underpin longer-term upside if metals recover. NEM Rallies 82% on Gold Price Upside and Strategic Strength
• Neutral Sentiment: Analysts’ views are mixed on timing and valuation—some boosting targets while others warn of near-term volatility—so expect differing guidance from brokers that could amplify intraday moves. Analysts Have Mixed Views on Newmont (NEM)
• Negative Sentiment: Immediate catalyst for today’s decline: gold and silver pulled back from recent record highs, with silver suffering a sharper retreat—this commodity sell-off directly pressured Newmont shares. Newmont Shares Drop 5% As Gold Slides From Record Highs
• Negative Sentiment: Market-writeups explain the “crash” as profit-taking after an exceptional 2025 run and a sharper fall in silver (which peaked overnight), amplifying losses in gold miners including Newmont. Why Newmont Corporation Stock Crashed Today
• Negative Sentiment: Intraday coverage notes silver lost more than 8% after an overnight spike, triggering broad weakness across precious-metals equities and contributing to downside in NEM. Stock Market Live December 29: S&P 500 (VOO) Falls to Start Second Holiday Week

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on NEM shares. Wall Street Zen downgraded shares of Newmont from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 2nd. Bank of America boosted their price objective on shares of Newmont from $105.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, October 16th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Newmont in a research note on Monday, December 22nd. The Goldman Sachs Group set a $104.30 target price on Newmont and gave the stock a “buy” rating in a report on Sunday, October 12th. Finally, CIBC set a $112.00 price target on Newmont and gave the stock an “outperformer” rating in a research note on Friday, October 10th. Five equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $97.08.

Newmont Stock Down 5.8%

The company has a quick ratio of 1.74, a current ratio of 2.04 and a debt-to-equity ratio of 0.17. The company has a market cap of $108.75 billion, a PE ratio of 15.47, a PEG ratio of 0.74 and a beta of 0.41. The company’s fifty day moving average is $90.38 and its 200-day moving average is $77.66.

Newmont (NYSE:NEM) last released its quarterly earnings results on Thursday, October 23rd. The basic materials company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.44. The firm had revenue of $5.52 billion for the quarter, compared to analysts’ expectations of $5.14 billion. Newmont had a return on equity of 20.35% and a net margin of 33.42%.The company’s revenue was up 20.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.81 EPS. On average, analysts predict that Newmont Corporation will post 3.45 EPS for the current year.

Newmont Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Wednesday, November 26th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Wednesday, November 26th. Newmont’s dividend payout ratio (DPR) is presently 15.53%.

Insider Transactions at Newmont

In other news, Director Bruce R. Brook sold 2,080 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $92.36, for a total transaction of $192,108.80. Following the completion of the sale, the director owned 32,709 shares of the company’s stock, valued at $3,021,003.24. This represents a 5.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Thomas Ronald Palmer sold 5,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $81.34, for a total transaction of $406,700.00. Following the completion of the transaction, the chief executive officer owned 279,923 shares in the company, valued at $22,768,936.82. The trade was a 1.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 11,240 shares of company stock valued at $943,985. Corporate insiders own 0.05% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC boosted its position in shares of Newmont by 15.7% in the fourth quarter. Brighton Jones LLC now owns 13,606 shares of the basic materials company’s stock worth $506,000 after purchasing an additional 1,847 shares during the period. Ieq Capital LLC lifted its stake in shares of Newmont by 30.4% during the 1st quarter. Ieq Capital LLC now owns 8,410 shares of the basic materials company’s stock valued at $406,000 after buying an additional 1,960 shares in the last quarter. State of Wyoming lifted its stake in shares of Newmont by 87.3% during the 1st quarter. State of Wyoming now owns 8,987 shares of the basic materials company’s stock valued at $434,000 after buying an additional 4,188 shares in the last quarter. Vident Advisory LLC boosted its holdings in Newmont by 7.6% in the 1st quarter. Vident Advisory LLC now owns 47,907 shares of the basic materials company’s stock worth $2,313,000 after buying an additional 3,387 shares during the period. Finally, Baird Financial Group Inc. increased its stake in Newmont by 25.6% in the 1st quarter. Baird Financial Group Inc. now owns 564,165 shares of the basic materials company’s stock worth $27,238,000 after buying an additional 114,888 shares in the last quarter. 68.85% of the stock is currently owned by institutional investors.

About Newmont

Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.

Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.