Stocks of Newmont Corp (NYSE:NEM) traded higher last session on Wall Street, up 0.59% to $60.13.
NEM stock price is now 9.30% away from the 50-day moving average and 24.44% away from the 200-day moving average. The market capitalization of the company currently stands at $66.92B.
With the price target of $73, Stifel recently initiated with Buy rating for Newmont Corp (NYSE: NEM). On July 08, 2025, Goldman Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $60.90, while ‘BMO Capital Markets’ rates the stock as ‘Outperform’
In other news, Brook Bruce R, Director sold 2,077 shares of the company’s stock on Jul 01 ’25. The stock was sold for $122,024 at an average price of $58.75. Upon completion of the transaction, the Director now directly owns 43,103 shares in the company, valued at $2.59 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 01 ’25, EVP, Chief Sustain & Dev Off Toth Peter sold 3,000 shares of the business’s stock. A total of $176,250 was realized by selling the stock at an average price of $58.75. This leaves the insider owning 74,526 shares of the company worth $4.48 million. A total of 0.17% of the company’s stock is owned by insiders.
During the past 12 months, Newmont Corp has had a low of $36.86 and a high of $60.31. As of last week, the company has a debt-to-equity ratio of 0.26, a current ratio of 1.98, and a quick ratio of 1.56.
The net profit margin was 25.99% and return on equity was 16.65% for NEM. The company reported revenue of $5.01 billion for the quarter, compared to $4.02 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.53 percent.
