The Latest Breaking News from NEM

Newmont stock has been outperforming the basic materials sector over the past year and analysts remain bullish about its prospects.

Mining giant Newmont has significantly outperformed the broader market over the past year, and analysts remain strongly bullish on the stock’s prospects.

In 2025's stock market spotlight — dominated by tech titans such as Nvidia Corp (NASDAQ:NVDA) and Meta Platforms Inc (NASDAQ:META) — Newmont Corp. (NYSE:NEM) is quietly stealing the show. The world's largest gold miner has surged 106% year-to-date (YTD) as of Sep. 15, turning ore into investor treasure.

Although Newmont has outpaced the Dow over the past year, analysts remain cautiously optimistic about the stock’s prospects.

Four leading precious metals stocks have surged into the top 10th percentile of the latest market momentum rankings, as shifting global demand boosts gold prices and gives miners a competitive edge.

Newmont Corporation (NYSE:NEM), the world’s largest gold producer, is reported to be evaluating significant cost-cutting measures that could result in thousands of job losses.

SPOT, VRSN, and NEM are all greatly outperforming in 2025. As a signal of confidence going forward, they are also boosting buyback capacity significantly.

Newmont has delivered stronger returns than the broader market over the past year, and analysts are maintaining a moderately positive outlook on the stock’s future performance.

Newmont Corp. (NYSE:NEM) released its second-quarter results after Thursday's closing bell. Here's a look at the key figures from the quarter.