Newmont (NYSE:NEM) Shares Down 7.1% After Insider Selling

Shares of Newmont Corporation (NYSE:NEM) fell 7.1% on Thursday after an insider sold shares in the company. The company traded as low as $95.79 and last traded at $98.9320. 24,342,577 shares changed hands during trading, an increase of 137% from the average session volume of 10,285,487 shares. The stock had previously closed at $106.54.

Specifically, insider David James Fry sold 18,394 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $111.45, for a total transaction of $2,050,011.30. Following the sale, the insider owned 17,147 shares of the company’s stock, valued at approximately $1,911,033.15. This trade represents a 51.75% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Wall Street Analysts Forecast Growth

NEM has been the subject of several recent analyst reports. National Bank Financial increased their price target on Newmont from $120.00 to $140.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Citigroup lifted their price objective on Newmont from $118.00 to $150.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. DZ Bank upgraded Newmont to a “strong-buy” rating in a research report on Monday, January 19th. TD Cowen increased their target price on Newmont from $89.00 to $120.00 and gave the stock a “hold” rating in a research note on Thursday, January 22nd. Finally, BMO Capital Markets dropped their target price on shares of Newmont from $145.00 to $140.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $134.15.

Key Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Analyst support and price targets remain constructive — several firms maintain buy/outperform ratings and elevated price targets that suggest upside if bullion stabilizes. Read More.
• Positive Sentiment: Long-term value narrative persists — recent write-ups (Zacks, MSN) highlight Newmont’s cash flow profile, dividend and scale as attractive for long-term investors despite current volatility. Read More. Read More.
• Neutral Sentiment: Planned executive 10b5‑1 sale disclosed — routine, pre‑arranged plan announced for a small scheduled sale, typically neutral for fundamentals but noted by traders. Read More.
• Neutral Sentiment: Market reports are emphasizing the stock’s larger-than-market drop and high intraday volume as context — coverage consolidates the same drivers for traders. Read More.
• Negative Sentiment: Rising fuel and input costs plus softer bullion are putting pressure on margins — Benzinga reports fuel-cost headwinds while gold weakness reduces per‑ounce profitability. Read More.
• Negative Sentiment: Macro backdrop: Fed signaling fewer cuts and dollar strength have softened gold, amplifying downside for gold miners on risk-off days. Coverage links the Fed outlook to the stock’s move. Read More.
• Negative Sentiment: Company guidance and 2026 outlook increase sensitivity — investors are revisiting guidance that implies lower attributable gold volumes and higher all‑in sustaining costs for 2026, which magnifies downside when gold weakens. Read More.
• Negative Sentiment: Insider selling: a recent open‑market sale by a senior insider (~18,394 shares) is being flagged by the market and can worsen sentiment during a selloff. Read More.

Newmont Trading Down 7.1%

The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $107.63 billion, a P/E ratio of 15.48, a price-to-earnings-growth ratio of 0.82 and a beta of 0.39. The business has a fifty day moving average price of $118.70 and a 200 day moving average price of $99.25.

Newmont (NYSE:NEM) last posted its quarterly earnings data on Thursday, February 19th. The basic materials company reported $2.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.71. The business had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.18 billion. Newmont had a return on equity of 23.28% and a net margin of 31.25%.Newmont’s quarterly revenue was up 20.6% on a year-over-year basis. During the same period last year, the company earned $1.40 earnings per share. On average, analysts expect that Newmont Corporation will post 3.45 earnings per share for the current fiscal year.

Newmont Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Tuesday, March 3rd will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Tuesday, March 3rd. This represents a $1.04 annualized dividend and a dividend yield of 1.1%. This is an increase from Newmont’s previous quarterly dividend of $0.25. Newmont’s dividend payout ratio (DPR) is 16.28%.

Institutional Trading of Newmont

Institutional investors have recently made changes to their positions in the business. GoalVest Advisory LLC bought a new position in Newmont in the fourth quarter valued at $25,000. Physician Wealth Advisors Inc. increased its stake in Newmont by 327.8% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 308 shares of the basic materials company’s stock valued at $26,000 after buying an additional 236 shares during the last quarter. Swiss RE Ltd. bought a new stake in Newmont during the 4th quarter worth about $26,000. Cornerstone Planning Group LLC boosted its stake in shares of Newmont by 312.1% during the 4th quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock worth $27,000 after buying an additional 206 shares during the last quarter. Finally, JPL Wealth Management LLC acquired a new position in shares of Newmont during the 3rd quarter worth about $27,000. Institutional investors own 68.85% of the company’s stock.

Newmont Company Profile

Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.

Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.