Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Newmont Corp shares valued at $112,345 were sold by Brook Bruce R on Jun 02 ’25. At $54.09 per share, Brook Bruce R sold 2,077 shares. The insider’s holdings dropped to 45,180 shares worth approximately $2.53 million following the completion of this transaction.
Also, Toth Peter sold 3,000 shares, netting a total of over 162,270 in proceeds. Following the sale of shares at $54.09 each, the insider now holds 77,526 shares.
Before that, Toth Peter had added 3,000 shares to its account. In a trade valued at $162,270, the Officer bought Newmont Corp shares for $54.09 each.
Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid April. As of January 13, 2025, Goldman has initiated its “Buy” rating for NEM. Earlier on November 29, 2024, CLSA initiated its rating. Their recommendation was “an Underperform” for NEM stock.
Analyzing NEM Stock Performance
On last trading session,, Newmont Corp [NYSE: NEM] rose 4.90% to $55.92. The stock’s lowest price that day was $54.15, but it reached a high of $55.96 in the same session. During the last five days, there has been a surge of approximately 2.59%. Over the course of the year, Newmont Corp shares have jumped approximately 50.24%.
Support And Resistance Levels for Newmont Corp (NEM)
RSI (Relative Strength Index) is 60.62 on the 14-day chart, showing neutral technical sentiment.
Is Newmont Corp subject to short interest?
Stocks of Newmont Corp saw a sharp rise in short interest on 2025-05-30 jumping by 2.81 million shares to 21.34 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 18.53 million shares. A jump of 13.18% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.77 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.77.
