Stifel initates Newmont Corp (NEM) rating to a Buy

Newmont Corp’s recent filing unveils that its Former Officer Ovelmen Karyn F. acquired Company’s shares for reported $1.37 million on Aug 15 ’25. In the deal valued at $69.24 per share,19,838 shares were bought.

Then, Tabolt Brian sold 7,015 shares, generating $477,160 in total proceeds. Upon selling the shares at $68.02, the SVP & CAO now owns 32,615 shares.

Before that, Tabolt Brian bought 7,015 shares. Newmont Corp shares valued at $477,161 were divested by the Officer at a price of $68.02 per share.

Stifel initiated its Newmont Corp [NEM] rating to a Buy in a research note published on July 09, 2025; the price target was $73. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in early July from “a Buy” to “a Neutral”. UBS revised its rating on April 11, 2025. It rated NEM as “a Buy” which previously was an “a Neutral”.

Price Performance Review of NEM

On Tuesday, Newmont Corp [NYSE:NEM] saw its stock fall -2.35% to $67.38. Over the last five days, the stock has lost -2.25%. Newmont Corp shares have risen nearly 36.65% since the year began. Nevertheless, the stocks have risen 81.03% over the past one year. While a 52-week high of $70.29 was reached on 08/08/25, a 52-week low of $36.86 was recorded on 01/06/25.

Levels Of Support And Resistance For NEM Stock

The 24-hour chart illustrates a support level at 66.73, which if violated will result in even more drops to 66.08. On the upside, there is a resistance level at 68.50. A further resistance level may holdings at 69.63.

How much short interest is there in Newmont Corp?

A steep rise in short interest was recorded in Newmont Corp stocks on 2025-07-31, dropping by -1.08 million shares to a total of 19.36 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 20.44 million shares. There was a decline of -5.59%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on January 13, 2025 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $47.20 price target.

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