13 stories mentioning NEM
Every FINWIRES story that references NEM, newest first.
Natascha Viljoen, Director, President & CEO, on June 01, 2026, sold 3,882 shares in Newmont (NEM) for $408,852. Following the Form 4 filing with the SEC, Viljoen has control over a total of 142,999 common shares of the company, with 142,999 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1164727/000199413126000006/xslF345X05/form4.xml
Peter Toth, Executive Vice President and Chief Sustainability and Development Officer, on May 01, 2026, sold 3,000 shares in Newmont (NEM) for $330,330. Following the Form 4 filing with the SEC, Toth has control over a total of 49,315 common shares of the company, with 49,315 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1164727/000193635426000012/xslF345X05/form4.xml
Peter Wexler, Executive Vice President, Chief Legal Officer & Interim CFO, on April 30, 2026, sold 13,378 shares in Newmont (NEM) for $1,473,052. Following the Form 4 filing with the SEC, Wexler has control over a total of 67,865 common shares of the company, with 67,865 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1164727/000201596826000004/xslF345X05/form4.xml
The Standard & Poor's 500 index rose 0.9% this week to another closing record high as the communication services sector led a broad climb amid better-than-expected earnings.The S&P 500 ended Friday's session at 7,230.12 and reached a fresh intraday high of 7,272.52.This marks the fifth consecutive weekly gain. On Thursday, the benchmark closed out April with a 10% jump that represented its largest monthly increase since November 2020. The index, which fell 5.1% in March, is now up 5.6% for 2026.Large companies including Amazon.com (AMZN), Google parent Alphabet (GOOGL), Microsoft (MSFT) and Exxon Mobil (XOM) reported stronger-than-expected quarterly results.The communication services sector had the largest percentage increase of the week, climbing 4.5%, followed by a 3.2% rise in energy, a 1.1% gain in consumer staples and a 1% advance in real estate. Financials, utilities, health care, consumer discretionary, industrials and technology also edged higher.Alphabet led the climb in communication services, with its shares jumping 12% on the week. Q1 results exceeded Wall Street's estimates as revenue for Google's cloud and services businesses climbed.Verizon Communications (VZ) also boosted the communication services sector. The shares rose 3.7% as the company raised its full-year earnings outlook and reported a Q1 profit above market estimates.The energy sector's advance came as crude oil futures remained elevated, with no end in sight for the U.S.-Iran conflict.Phillips 66 (PSX) rose 8.2% as the company swung to a Q1 adjusted profit per share after analysts had forecast a loss.Materials, the only sector that fell this week, shed 2%.Newmont (NEM) had the largest weekly loss in the materials sector with the shares down 10% even as Q1 adjusted earnings per share and revenue topped Wall Street estimates. The company said it is on track to achieve its 2026 production outlook of 5.3 million attributable gold ounces.Next week's earnings calendar features Advanced Micro Devices (AMD), Walt Disney (DIS), McDonald's (MCD), Arista Networks (ANET) and Palantir Technologies (PLTR).The focal point of the economic data calendar will be the government's release of monthly jobs data on Friday. Other data due next week include new home sales and construction spending for February and March, as well as the first reading of consumer sentiment for May.
Newmont (NEM) has an average rating of overweight and mean price target of $147.42, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $107.23, Change: $-2.67, Percent Change: -2.43%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target price by $3 to $153, assuming an EV/EBITDA of 7.0x our 2027 EBITDA estimate, above NEM's three-year average forward EV/EBITDA of 6.5x and above peers' 6.0x. We raise our 2026 EPS estimate by $1.67 to $10.31 and our 2027 EPS forecast by $2.09 to $12.89. Newmont remains on track to deliver its 2026 guidance of 5.3 million gold ounces, though management characterizes 2026 as a trough year due to planned mine sequencing at several operations. The company is well-positioned for production growth beginning in 2027, with a longer-term outlook of approximately 6 million ounces of gold and 150,000 tonnes of copper annually. Key growth drivers include completion of Tanami Expansion 2 (2H 2027), ongoing development of Cadia panel caves, and the Ahafo North ramp-up. NEM's world-class portfolio, coupled with robust free cash flow generation in a supportive gold price environment, supports sustained capital returns through its enhanced capital allocation framework.
Newmont (NEM) has an average rating of overweight and mean price target of $145.22, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $118.68, Change: $+7.62, Percent Change: +6.86%
Newmont (NEM) has an average rating of overweight and mean price target of $145.22, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $118.13, Change: $+7.07, Percent Change: +6.36%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Newmont reported Q1 adj. EPS of $2.90, beating consensus by $0.73 (33%) and up from $1.25 in Q1 2025, driven by a 66% surge in realized gold prices to $4,900/oz. Revenue rose 46% to $7.3B (11% above consensus) while adjusted EBITDA nearly doubled to $5.2B, despite attributable production declining 15% to 1.30M ounces due to planned mine sequencing. We believe the results demonstrate significant operating leverage in NEM's business model during elevated gold price environments, with price appreciation offsetting volume declines. Management reaffirmed 2026 production guidance of 5.3M ounces despite lower Q1 volumes, with production weighted 52% to the second half. The company completed its $6.0B share repurchase authorization and announced an additional $6.0B program, ending Q1 with $8.8B cash and a net cash position of $3.2B. We view the combination of a fortress balance sheet strength, disciplined capital allocation, and resumption of production growth beyond 2026 as supporting the long-term value proposition.
Newmont (NEM) has an average rating of overweight and mean price target of $144.35, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $112.11, Change: $+2.81, Percent Change: +2.57%
Newmont (NEM) has an average rating of overweight and mean price target of $143.40, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $117.14, Change: $+3.73, Percent Change: +3.29%
Newmont (NEM) has an average rating of overweight and mean price target of $143.40, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Newmont (NEM) shares fell 4.4% in afternoon trading on Wednesday after the company said it halted underground operations at its Cadia site in New South Wales, Australia, due to an earthquake on Tuesday evening.All personnel were accounted for, and there were no reported injuries, the company said.Price: $114.06, Change: $-5.24, Percent Change: -4.40%