In a filing, Newmont Corp revealed its Director Brook Bruce R unloaded Company’s shares for reported $0.1 million on Apr 01 ’25. In the deal valued at $48.46 per share,2,077 shares were sold. As a result of this transaction, Brook Bruce R now holds 45,839 shares worth roughly $2.51 million.
Then, Toth Peter sold 3,000 shares, generating $145,380 in total proceeds. Upon selling the shares at $48.46, the EVP, Chief Sustain & Dev Off now owns 83,526 shares.
Before that, Toth Peter bought 3,000 shares. Newmont Corp shares valued at $145,380 were divested by the Officer at a price of $48.46 per share.
UBS upgraded its Newmont Corp [NEM] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in mid January with a ‘”a Buy”‘ rating. CLSA began covering NEM with “an Underperform” recommendation on November 29, 2024. JP Morgan revised its rating on November 19, 2024. It rated NEM as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of NEM
On Monday, Newmont Corp [NYSE:NEM] saw its stock fall -0.33% to $54.79. Over the last five days, the stock has gained 22.14%. Newmont Corp shares have risen nearly 47.21% since the year began. Nevertheless, the stocks have risen 40.24% over the past one year. While a 52-week high of $58.72 was reached on 04/11/25, a 52-week low of $36.60 was recorded on 01/06/25. SMA at 50 days reached $46.19, while 200 days put it at $46.52.
Levels Of Support And Resistance For NEM Stock
The 24-hour chart illustrates a support level at 53.56, which if violated will result in even more drops to 52.34. On the upside, there is a resistance level at 55.62. A further resistance level may holdings at 56.46. The Relative Strength Index (RSI) on the 14-day chart is 72.38, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.93, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.28%. Stochastics %K at 92.41% indicates the stock is a selling.
How much short interest is there in Newmont Corp?
A steep rise in short interest was recorded in Newmont Corp stocks on 2025-03-31, growing by 1.25 million shares to a total of 20.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 19.41 million shares. There was a rise of 6.04%, which implies that there is a positive sentiment for the stock.
