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 $2.67 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 1.95% to $59.19. The stock’s lowest price that day was $58.06, but it reached a high of $59.215 in the same session. During the last five days, there has been a surge of approximately 1.60%. Over the course of the year, Newmont Corp shares have jumped approximately 38.94%. 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 58.43, which, if violated, would cause prices to drop to 57.67. In the upper region, resistance lies at 59.58. The next price resistance is at 59.98. RSI (Relative Strength Index) is 65.12 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 11.09% from the previous closing price of $58.06. 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.
