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Newmont Co. (NYSE:NEM) Receives Average Recommendation of "Hold" from Brokerages

Newmont Co. (NYSE:NEM – Get Rating) has received an average rating of “Hold” from the twenty brokerages that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, fourteen have issued a hold recommendation and three have issued a buy recommendation on the company. The average […] ....

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National Bank Financial Brokers Boost Earnings Estimates for Newmont Co. (NYSE:NEM)

Newmont Co. (NYSE:NEM – Get Rating) – Analysts at National Bank Financial raised their FY2022 earnings per share estimates for Newmont in a report released on Tuesday, April 19th. National Bank Financial analyst M. Parkin now expects that the basic materials company will post earnings per share of $3.27 for the year, up from their […] ....

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Newmont Co. (NYSE:NEM) Short Interest Down 36.6% in March

Newmont Co. (NYSE:NEM – Get Rating) was the target of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 8,310,000 shares, a decline of 36.6% from the March 15th total of 13,100,000 shares. Approximately 1.1% of the shares of the company are sold short. […] ....

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Raymond James Reiterates $82.00 Price Target for Newmont (NYSE:NEM)

Newmont (NYSE:NEM – Get Rating) has been given a $82.00 price target by equities research analysts at Raymond James in a research report issued on Wednesday, BayStreet.CA reports. The firm presently has an “outperform” rating on the basic materials company’s stock. Raymond James’ price target indicates a potential downside of 2.30% from the company’s current […] ....

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Newmont (NYSE:NEM) Sees Large Volume Increase Following Analyst Upgrade

Newmont Co. (NYSE:NEM – Get Rating) saw an uptick in trading volume on Wednesday after Raymond James raised their price target on the stock from $72.00 to $82.00. Raymond James currently has an outperform rating on the stock. 135,344 shares changed hands during trading, a decline of 98% from the previous session’s volume of 8,967,190 […] ....

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