Newmont gains as gold rebounds and miners catch a bid

Newmont Corporation (NEM) is up 4.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears primarily tied to strength in gold prices, which tends to lift large-cap gold miners with high operating leverage to bullion. Newmont may also be benefiting from renewed interest in the sector after outlining its 2026 outlook and capital allocation priorities in its latest results update.

Details:

Gold prices were higher in early Wednesday trading, helping support sentiment toward precious-metals equities.

Gold miners broadly moved higher alongside bullion in recent sessions when spot gold rose and macro concerns (rates, inflation expectations, geopolitics) pushed investors back toward defensive exposures.

Newmont recently reported full-year results and provided 2026 guidance, alongside an updated capital allocation framework, which can reinforce the stock’s sensitivity to improving gold tape.

This could also reflect a rotation into miners after a tough March for bullion, as some investors position for a potential early-April rebound in gold.

Sources:

Newmont (Investor Relations), Associated Press, Business Recorder, Sahm Capital

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$NEM Insider Trading Activity

$NEM insiders have traded $NEM stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.

Here’s a breakdown of recent trading of $NEM stock by insiders over the last 6 months:

DAVID JAMES FRY (Group Head Projects & Studies) sold 18,394 shares for an estimated $2,050,037
DAVID JOHN THORNTON (MD, Americas) sold 8,060 shares for an estimated $973,486
MARK C RODGERS (MD, Africa-Asia Pacific) has made 0 purchases and 2 sales selling 5,804 shares for an estimated $741,971.
BRUCE R BROOK has made 0 purchases and 3 sales selling 6,240 shares for an estimated $537,284.
THOMAS RONALD PALMER (CEO) sold 5,000 shares for an estimated $406,700
PETER TOTH (EVP, Chief Sustain & Dev Off) sold 3,000 shares for an estimated $324,000

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$NEM Hedge Fund Activity

We have seen 834 institutional investors add shares of $NEM stock to their portfolio, and 665 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 24,039,434 shares (-75.0%) from their portfolio in Q4 2025, for an estimated $2,400,337,484
BLACKROCK, INC. added 7,642,703 shares (+6.2%) to their portfolio in Q4 2025, for an estimated $763,123,894
PACER ADVISORS, INC. removed 5,739,772 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $573,116,234
VAN ECK ASSOCIATES CORP added 5,643,496 shares (+23.4%) to their portfolio in Q4 2025, for an estimated $563,503,075
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 4,588,018 shares (+110.4%) to their portfolio in Q4 2025, for an estimated $458,113,597
PRICE T ROWE ASSOCIATES INC /MD/ removed 3,777,721 shares (-54.1%) from their portfolio in Q4 2025, for an estimated $377,205,441
JPMORGAN CHASE & CO removed 3,368,878 shares (-37.4%) from their portfolio in Q4 2025, for an estimated $336,382,468

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$NEM Analyst Ratings

Wall Street analysts have issued reports on $NEM in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

UBS issued a "Buy" rating on 12/01/2025
CIBC issued a "Outperformer" rating on 10/10/2025

To track analyst ratings and price targets for $NEM, check out Quiver Quantitative's $NEM forecast page.

$NEM Price Targets

Multiple analysts have issued price targets for $NEM recently. We have seen 6 analysts offer price targets for $NEM in the last 6 months, with a median target of $145.0.

Here are some recent targets:

Daniel Major from UBS set a target price of $140.0 on 03/27/2026
Tanya Jakusconek from Scotiabank set a target price of $151.0 on 03/20/2026
Alexander Hacking from Citigroup set a target price of $150.0 on 03/03/2026
Bob Brackett from Bernstein set a target price of $157.0 on 02/27/2026
Michael Jalonen from B of A Securities set a target price of $115.0 on 10/16/2025
Anita Soni from CIBC set a target price of $112.0 on 10/10/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.