Why did Newmont Colp. (NEM) last week?

Photo of author

By [email protected]


We recently published a list of 10 companies challenge the stagnation in the market, and recorded double number last week. In this article, we will take a look at the place where Newmont Corp stands. (NYSE: NEM) against other companies that challenge the decline in the market and recorded dual -number gains last week.

The stock market may have been beaten for most of the week, but it was able to recover the losses on Friday, as investors raised the shares while weighing the influence of the American -Chinese trade war.

Of all the main indicators, the NASDAQ technology recorded the highest gain, an increase of 7.29 percent, followed by S&P 500 by 5.7 percent, and Dow Jones by 4.95 percent.

Ten companies, mostly in the sectors of gold and vital pharmaceutical preparations, were the best performance of the week as investors sought a haven from their shares amid uncertainty in the market.

In this article, we identified the top 10 winners last week and detailed the reasons behind their gains.

To reach the list, we considered only $ 2 billion market value shares and a trading volume of $ 5 million.

The prices of the week were based for a week on the prices of closing companies on Friday for April 4, or a week ago.

Why did Newmont Colp. (NEM) last week?
Why did Newmont Colp. (NEM) last week?

Enter a golden mine with a conveyor belt that transports minerals from the depths of the column.

The shares of NewMont Corp increased by 24.4 percent a week, as it got trading on Friday at $ 54.97 compared to $ 44.18 on April 4, as the investor’s money agreed to gold miners amid an increase in gold prices.

During the last trading week, gold prices rose to record highlands twice, as investors turned to gold to obtain a safe haven amid economic uncertainty resulting from continuous trade tensions between the United States and China.

NEM has also seen five consecutive days of gathering last week, with the help of feelings in upgrading the investment bank classification in the company’s shares to buy from the former neutral, while giving it a higher -price goal of $ 60 for $ 50 before. The new target represents the upscale price of 9 percent of the closing price in NEM on Friday.

NEM is gold miners in the United States that owns various mining sites throughout the United States, Canada, Mexico, the Dominican Republic, Australia, Ghana, Argentina, Peru and Surinam.

Generally, no The tenth rank In the list of companies that challenge the market decline and recorded double number last week. While we acknowledge the capabilities of NEM as an investment, our condemnation lies in the belief that artificial intelligence shares have a greater promise to provide higher returns and do so in a shorter time frame. Amnesty International has increased since the beginning of 2025, while famous artificial intelligence shares have lost about 25 %. If you are looking for promising Amnesty International’s share like NEM but is trading less than 5 times its profits, check our report on this The cheapest inventory of artificial intelligence.



https://s.yimg.com/ny/api/res/1.2/mNQQ0tmwEiJSAoA5g89wMw–/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzM-/https://media.zenfs.com/en/insidermonkey.com/0893d3695f127def106f1e1aad66f67f

Source link

Leave a Comment