Newmont Corp’s recently made public that its Director Brook Bruce R unloaded Company’s shares for reported $0.11 million on May 01 ’25. In the deal valued at $51.48 per share,2,077 shares were sold. As a result of this transaction, Brook Bruce R now holds 47,257 shares worth roughly $2.55 million.
Then, Toth Peter sold 3,000 shares, generating $154,440 in total proceeds. Upon selling the shares at $51.48, the EVP, Chief Sustain & Dev Off now owns 80,526 shares.
Before that, Toth Peter bought 3,000 shares. Newmont Corp shares valued at $154,440 were divested by the Officer at a price of $51.48 per share.
A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in mid April from “a Neutral” to “a Buy”. Goldman began covering NEM with “Buy” recommendation on January 13, 2025. CLSA started covering the stock on November 29, 2024. It rated NEM as “an Underperform”.
Price Performance Review of NEM
On Friday, Newmont Corp [NYSE:NEM] saw its stock jump 2.18% to $53.98. Over the last five days, the stock has gained 4.75%. Newmont Corp shares have risen nearly 45.03% since the year began. Nevertheless, the stocks have risen 30.26% over the past one year. While a 52-week high of $58.72 was reached on 04/21/25, a 52-week low of $36.86 was recorded on 01/06/25. SMA at 50 days reached $49.27, while 200 days put it at $47.28.
Levels Of Support And Resistance For NEM Stock
The 24-hour chart illustrates a support level at 53.26, which if violated will result in even more drops to 52.55. On the upside, there is a resistance level at 54.40. A further resistance level may holdings at 54.83. The Relative Strength Index (RSI) on the 14-day chart is 56.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.45%. Stochastics %K at 47.39% indicates the stock is a holding.
