Newmont's rating was lowered from Strong Buy to Buy after Q2 results showed lower gold prices and higher costs, reducing free cash flow and EBITDA estimates. Despite short-term challenges like a hawkish Fed and rising oil prices, structural factors such as fiscal deficits and long-term interest rates continue to support gold's value and Newmont's investment potential. A recent favorable settlement with Barrick enhances Newmont's asset base, adding to its appeal for investors.
Newmont Corporation (NEM) is trading at USD 116.00 on Pluang as of Sep 29, 2026 05:11 WIB, down 4.47% in the past day. The stock shows a market cap of $127.95 billion and a dividend yield of 0.86%, with a typical hold time of 58 days among Pluang investors. Despite the recent downgrade from Strong Buy to Buy, the platform’s order activity leans heavily toward selling at 82%, indicating cautious sentiment among users at this time.
