Gold Mining Stocks Retreat on Signs Israel-Iran Tensions Ease [Yahoo! Finance]
Newmont Corporation (NEM)
Last newmont corporation earnings: 2/20 06:55 am
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Source: Yahoo! Finance
(Bloomberg) -- Gold mining stocks are suffering their worst trading session in two months as the price of bullion drops amid signs of easing geopolitical tensions between Israel and Iran. Most Read from Bloomberg Trump Has Only $6.8 Million for Legal Fees With Trial Underway TikTok to Remove Executive Tasked With Fending Off US Claims China Is Front and Center of Gold's Record-Breaking Rally US Dollar's Extended Reign Delivers Stark Wake-Up Call for Markets Ray Dalio's Famous Trade Is Sputtering and Investors Are Bailing The pullback in the precious metal follows a run of five weekly gains that set record highs along the way, providing a tailwind for mining stocks along the way, on rising demand for havens. That momentum hit a wall Monday after Iran downplayed recent strikes by Israel, saying the country received “the necessary response at this stage.” The previous week's 2% gain in gold prices quickly headed lower “after Iran downplayed the strikes as limited, signal
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NEM
News
- Newmont Co. (NYSE: NEM) had its price target lowered by analysts at BMO Capital Markets from $56.00 to $54.00. They now have an "outperform" rating on the stock.MarketBeat
- Newmont Co. (NYSE: NEM) was downgraded by analysts at National Bank Financial from an "outperform overweight" rating to a "sector perform overweight" rating.MarketBeat
- Newmont Corporation (NEM) is a Top-Ranked Momentum Stock: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- Why gold ETFs are an option to bonds as inflation lingers [Yahoo! Finance]Yahoo! Finance
- Barrick Gold beats estimates for quarterly profit, enters JV in Jamaica [Yahoo! Finance Canada]Yahoo! Finance Canada
NEM
Earnings
- 4/25/24 - Beat
NEM
Sec Filings
- 5/2/24 - Form 4
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- NEM's page on the SEC website