Analysts optimistic about NEM’s future growth prospects

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Newmont Corp shares valued at $122,024 were sold by Brook Bruce R on Jul 01 ’25. At $58.75 per share, Brook Bruce R sold 2,077 shares. The insider’s holdings dropped to 43,103 shares worth approximately $2.53 million following the completion of this transaction.

Also, Toth Peter sold 3,000 shares, netting a total of over 176,250 in proceeds. Following the sale of shares at $58.75 each, the insider now holds 74,526 shares.

Before that, Brook Bruce R had added 2,077 shares to its account. In a trade valued at $122,024, the Director bought Newmont Corp shares for $58.75 each.

As published in their initiating research note from Stifel on July 09, 2025, Newmont Corp [NEM] has been a Buy and the price target has been revised to $73. Analysts at Goldman downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early July. Earlier on April 11, 2025, UBS upgraded its rating. Their new recommendation was “a Buy” for NEM stock which previously was a “a Neutral”.

Analyzing NEM Stock Performance

On last trading session,, Newmont Corp [NYSE: NEM] rose 1.98% to $58.75. The stock’s lowest price that day was $57.375, but it reached a high of $58.995 in the same session. During the last five days, there has been a drop of approximately -0.14%. Over the course of the year, Newmont Corp shares have jumped approximately 31.99%. Shares of the company reached a 52-week high of $60.31 on 06/23/25 and a 52-week low of $37.68 on 01/06/25.

Support And Resistance Levels for Newmont Corp (NEM)

According to the 24-hour chart, there is a support level at 57.75, which, if violated, would cause prices to drop to 56.75. In the upper region, resistance lies at 59.37. The next price resistance is at 59.99. RSI (Relative Strength Index) is 56.14 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 2025-06-13 jumping by 2.34 million shares to 24.44 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 22.1 million shares. A jump of 9.58% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.99 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.99.

Which companies own the most shares of Newmont Corp (NEM)?

In terms of Newmont Corp share price expectations, FactSet research, analysts set an average price target of 64.5 in the next 12 months, up nearly 11.96% from the previous closing price of $57.61. Analysts anticipate Newmont Corp stock to reach 66 by 2025, with the lowest price target being 63. In spite of this, 14 analysts ranked Newmont Corp stock as Buy at the end of 2025. On January 13, 2025, Goldman assigned a price target of “a Buy” to the stock and initiated coverage with a $47.20.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.