UBS downgraded Newmont Corporation from Buy to Neutral and set a new price target of $54.00 from $67.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/16/2025 | $63.00 | Outperform | BMO Capital Markets |
| 4/11/2025 | Neutral → Buy | UBS | |
| 1/13/2025 | $47.20 | Buy | Goldman |
| 11/29/2024 | Underperform | CLSA | |
| 11/19/2024 | Neutral → Overweight | Analyst | |
| 10/30/2024 | $67.00 → $54.00 | Buy → Neutral | UBS |
| 10/28/2024 | Sector Outperform → Neutral | CIBC | |
| 10/25/2024 | Sector Outperform → Sector Perform | Scotiabank |
NetworkNewsWire Editorial Coverage NEW YORK, June 4, 2025 /PRNewswire/ -- With gold soaring past $3,000 per ounce in May 2025 — outperforming NASDAQ, the S&P 500, and even bitcoin — Wall Street's attention is shifting. As U.S. debt-to-GDP climbs above 120% and real interest rates remain negative, gold continues to prove itself as the market's most dependable hedge. Yet for institutional investors, traditional holdings such as bullion and ETFs no longer offer enough upside. Today's focus is on leverage, scalability and consistent cash flow, providing an ideal opportunity for a new kind of mining company — a company such as ESGold Corp. (CSE:ESAU) (OTCQB:ESAUF) (Profile), which offers clean ba
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX: NEM, PNGX: NEM)) today published its 2024 Sustainability Report and its 2024 Taxes & Royalties Contribution Report emphasizing the company's environmental, social and governance (ESG) performance and fiscal transparency over the past year. Commenting on Newmont's contributions to sustainable and responsible mining, Chief Executive Officer Tom Palmer said: "In 2024, we continued to strengthen our position as the world's leading gold company while embedding sustainability across all aspects of our business. These reports highlight how we are realizing our potential by operating responsibly, fostering resilience in our workforce and host communiti
Early Warning Disclosure DENVER, May 9, 2025 /CNW/ - Newmont Corporation (NYSE:NEM) (TSX:NGT) (ASX: NEM) (PNGX: NEM) ("Newmont" or the "Company") announced today a decrease in its holdings of common shares ("Common Shares") in the capital of Discovery Silver Corp. ("Discovery"). On May 8, 2025 , Goldcorp Inc. ("G Inc."), a subsidiary of Newmont, sold 50,500,000 Common Shares for aggregate consideration of approximately CAD $124.07 million, or CAD $2.457 per Common Share. The disposition occurred through the facilities of the Toronto Stock Exchange. Immediately prior to the disposition, Newmont beneficially held 119,716,667 Common Shares, representing approximately 14.95% of the issued and o