In a filing, Newmont Corp revealed its Director Brook Bruce R unloaded Company’s shares for reported $90786.0 on Mar 03 ’25. In the deal valued at $43.71 per share,2,077 shares were sold. As a result of this transaction, Brook Bruce R now holds 47,916 shares worth roughly $2.1 million.
Then, Toth Peter sold 3,000 shares, generating $131,130 in total proceeds. Upon selling the shares at $43.71, the EVP, Chief Sustain & Dev Off now owns 86,526 shares.
Before that, Viljoen Natascha sold 7,799 shares. Newmont Corp shares valued at $340,894 were divested by the EVP & COO at a price of $43.71 per share. As a result of the transaction, Viljoen Natascha now holds 148,244 shares, worth roughly $6.5 million.
Goldman initiated its Newmont Corp [NEM] rating to a Buy in a research note published on January 13, 2025; the price target was $47.20. A number of analysts have revised their coverage, including CLSA’s analysts, who began to cover the stock in late November with a ‘”an Underperform”‘ rating. JP Morgan also remained covering NEM and has increased its forecast on November 19, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. UBS revised its rating on October 30, 2024. It rated NEM as “a Neutral” which previously was an “a Buy”.
Price Performance Review of NEM
On Friday, Newmont Corp [NYSE:NEM] saw its stock fall -0.11% to $43.87. Over the last five days, the stock has gained 2.40%. Newmont Corp shares have risen nearly 17.87% since the year began. Nevertheless, the stocks have risen 31.58% over the past one year. While a 52-week high of $58.72 was reached on 02/21/25, a 52-week low of $33.29 was recorded on 01/06/25. SMA at 50 days reached $42.28, while 200 days put it at $45.77.
Levels Of Support And Resistance For NEM Stock
The 24-hour chart illustrates a support level at 43.22, which if violated will result in even more drops to 42.57. On the upside, there is a resistance level at 44.78. A further resistance level may holdings at 45.69. The Relative Strength Index (RSI) on the 14-day chart is 50.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.29%. Stochastics %K at 37.86% indicates the stock is a holding.
