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Newmont Corporationâs NEM shares have rallied 28.3% year to date, thanks to skyrocketing gold prices driven by the intense tariff war, global uncertainties and geopolitical tensions. NEM stock has, however, underperformed the Zacks Mining â Gold industryâs 32.9% rise.
Technical indicators for NEM show bullish momentum. NEM eclipsed its 50-day simple moving average (SMA) on March 11, 2025. The stock also broke out above its 200-day SMA on March 14, 2025.
NEM Stock Trades Above ...
>>> Read more: Newmont Gains 28% YTD: How Should Investors Play the Stock?
Technical indicators for NEM show bullish momentum. NEM eclipsed its 50-day simple moving average (SMA) on March 11, 2025. The stock also broke out above its 200-day SMA on March 14, 2025.
NEM Stock Trades Above ...
>>> Read more: Newmont Gains 28% YTD: How Should Investors Play the Stock?
