Why Newmont (NEM) Stock Is Down Today

Newmont Corporation (NEM) is down 3.5% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be weakness in the gold market rather than a new company-specific setback. Gold prices moved lower on September 14 as rising oil prices, firmer rate-hike expectations, and higher yields pressured bullion, which often weighs on large gold miners like Newmont.

Details:

Gold prices were lower early Monday, with spot gold and U.S. futures both under pressure ahead of this week’s Federal Reserve meeting.

When bullion falls, investors often mark down gold producers because lower realized metal prices can hurt revenue and margins.

Newmont had already shown sensitivity to this theme earlier in September, when its shares weakened alongside a retreat in gold prices.

There does not appear to be a major fresh filing, earnings release, or corporate announcement today pointing to a separate company-specific catalyst, so the move looks tied mainly to macro and commodity factors.

Sources:

MarketScreener, Newmont, Yahoo Finance

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 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 have been sales.

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

PETER TOTH (EVP, Chief Sustain & Dev Off) has made 0 purchases and 7 sales selling 21,000 shares for an estimated $2,236,050.
DAVID JAMES FRY (Group Head Projects & Studies) sold 18,394 shares for an estimated $2,050,037
NATASCHA VILJOEN (President & CEO) has made 0 purchases and 3 sales selling 15,528 shares for an estimated $1,693,794.
PETER WEXLER (EVP, CLO & Interim CFO) sold 13,378 shares for an estimated $1,473,051
BRIAN TABOLT (Chief Financial Officer) sold 11,445 shares for an estimated $1,202,755
DAVID JOHN THORNTON (MD, Americas) sold 2,296 shares for an estimated $252,812

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$NEM Hedge Fund Activity

We have seen 840 institutional investors add shares of $NEM stock to their portfolio, and 1,014 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

JPMORGAN CHASE & CO added 8,403,248 shares (+inf%) to their portfolio in Q2 2026, for an estimated $784,863,363
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 6,576,743 shares (+inf%) to their portfolio in Q2 2026, for an estimated $614,267,796
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 5,846,225 shares (-93.3%) from their portfolio in Q2 2026, for an estimated $546,037,415
BLACKROCK, INC. removed 5,207,318 shares (-4.1%) from their portfolio in Q2 2026, for an estimated $486,363,501
PACER ADVISORS, INC. added 4,043,139 shares (+inf%) to their portfolio in Q2 2026, for an estimated $377,629,182
VAN ECK ASSOCIATES CORP removed 3,883,894 shares (-10.8%) from their portfolio in Q2 2026, for an estimated $362,755,699
INVESCO LTD. added 2,872,870 shares (+19.7%) to their portfolio in Q2 2026, for an estimated $268,326,058

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$NEM Congressional Stock Trading

Members of Congress have traded $NEM stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

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

SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$NEM Price Targets

Multiple analysts have issued price targets for $NEM recently. We have seen 8 analysts offer price targets for $NEM in the last 6 months, with a median target of $140.0.

Here are some recent targets:

Michael Jalonen from B of A Securities set a target price of $132.0 on 07/09/2026
Josh Wolfson from RBC Capital set a target price of $135.0 on 07/09/2026
Fahad Tariq from Jefferies set a target price of $146.0 on 07/06/2026
Daniel Major from UBS set a target price of $120.0 on 06/30/2026
Richard Garchitorena from Barclays set a target price of $133.0 on 05/22/2026
Jackie Przybylowski from BMO Capital set a target price of $145.0 on 04/24/2026
Anita Soni from CIBC set a target price of $176.0 on 04/21/2026

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.