Newsfeeds - Spark Newswire

2 minute read

Newmont Says Brian Tabolt Will Succeed Nancy Buese As Executive Vice President, Chief Financial Officer On Interim Basis While Co. Commences Global Search

Today, 3:45 AM

Newmont Corporation (NYSE:NEM, TSX:NGT) today announced that Nancy Buese will step down from the role of Executive Vice President and Chief Financial Officer of Newmont on November 1, as she pursues an opportunity

NEM

2 minute read

Markets

How The FOMC Announcement Affected Precious Metal Prices

By John Navin

Today, 3:45 AM

Precious metals stocks and precious metals reacted positively to Federal Reserve Chairman Jerome Powell’s announcement that interest rates will by 0.75%. Because this sector is traditionally considered an inflation hedge — although not so much lately — the slightly upward move may be a little surprising.

GDX

2 minute read

This Is What Whales Are Betting On Newmont

By Benzinga Insights

Today, 3:45 AM

A whale with a lot of money to spend has taken a noticeably bullish stance on Newmont. Looking at options history for Newmont (NYSE:NEM) we detected 17 strange trades.

NEM

1 minute read

Barclays Maintains Equal-Weight on Newmont, Lowers Price Target to $57

By Benzinga Newsdesk

Today, 3:45 AM

Barclays analyst Matthew Murphy maintains Newmont (NYSE:NEM) with a Equal-Weight and lowers the price target from $58 to $57.

NEM

1 minute read

News

Newmont Delays Yanacocha Sulfides Project

By Benzinga Newsdesk

Today, 3:45 AM

Newmont Corporation (NYSE:NEM, TSX:NGT) has announced it will delay the full-funds investment decision for the Yanacocha Sulfides project in Peru to the second half of 2024. To complement this announcement, Newmont has

NEM

2 minute read

The VanEck Junior Miners Index: What It Consists Of And Why It’s Interesting Now

By John Navin

Today, 3:45 AM

The VanEck Junior Gold Miners ETF (NYSE: GDXJ) is an exchange-traded fund (ETF) consisting of mostly medium to smallish precious metals companies. For investors looking to diversify broadly in that sector, it’s quite interesting.

AGI

3 minute read

4 Precious Metals Stocks As Possible Inflation Hedges

By John Navin

Today, 3:45 AM

Even though the Inflation Reduction Act of 2022 is in effect, markets can have a way of determining whether the plan works or not. Not that it’s expected, but if the oil and natural gas markets become even more volatile than they are — with Russia and Europe at odds — it’s a concern if you’re thinking about the possibilities of higher prices.

BVN

1 minute read

This Newmont Analyst Remains Bullish Despite Shares Being Down 33% Year To Date

By Priya Nigam

Today, 3:45 AM

Newmont Corp.’s (NYSE: NEM) stock now has a 20% upside as well as an attractive 5.4% dividend yield, according to investment bank UBS Group AG.

NEM

2 minute read

Looking Into Newmont’s Recent Short Interest

By Benzinga Insights

Today, 3:45 AM

Newmont's (NYSE:NEM) short percent of float has risen 14.29% since its last report. The company recently reported that it has 11.77 million shares sold short, which is 1.68% of all regular shares that are available for trading.

NEM

28 minute read

Options

Stocks That Hit 52-Week Lows On Thursday

By Benzinga Insights

Today, 3:45 AM

On Thursday, 529 companies set new 52-week lows.

$APE