Newmont Corp Stock Surges Above 200-Day Average

Newmont Corp sees a bump as stock climbs over 4.6% today. Notably, shares crossed the crucial 200-day moving average, presenting potential for further price growth.

Date: 14-03-2025

AI Rating: 7

In trading on Thursday, Newmont Corp (Symbol: NEM) experienced a significant movement, with shares crossing above their 200-day moving average of $45.77 and reaching a high of $46.27 per share. This uptick of about 4.6% on the day is a strong indicator of positive market sentiment surrounding the stock.

**52-Week Range Analysis:** The 52-week low for NEM stands at $33.29, while the high reached $58.72, with the latest trade recorded at $45.66. This performance reflects a recovery trend that could entice more investors to consider the stock, especially now that it's showing strength above its moving average.

Though specific details on financial metrics such as Earnings Per Share (EPS), Revenue Growth, Net Income, Profit Margins, Free Cash Flow, and Return on Equity are not provided in this report, the current trend of Newmont Corp's stock indicates positive performance that could be appealing to investors.

Stocks: NEM