Newmont's 91st-Ranked Trading Volume Surges 45.59% as 150M Gold Project Sale Drives 2024 Portfolio Overhaul

On September 15, 2025, , , ranking 91st in market activity. , part of a broader strategy to divest non-core assets. , , , marking the completion of Newmont’s 2024 portfolio streamlining plan. CEO emphasized the move aligns with focusing on core operations while maintaining stakeholder commitments.

. The proceeds, , support debt reduction and shareholder returns. Additionally, , further optimizing its asset base. These actions underscore the company’s emphasis on liquidity and operational efficiency amid shifting market dynamics.

The stock’s 52-week high was driven by a Royal Bank of Canada upgrade to “outperform” with a $95 price target, reflecting confidence in Newmont’s earnings resilience and capital allocation strategy. Despite mixed analyst ratings, including downgrades from BNP Paribas and Macquarie, . Institutional ownership remains robust, with hedge funds increasing stakes in the second quarter.

Newmont’s backtest strategy, . stocks by trading volume, requires a multi-asset framework for accurate execution. Current tools limit direct implementation, though alternatives like narrowing the universe or using proxies could approximate the approach. The company’s recent operational and strategic moves, including lease renewals and asset sales, position it to navigate sector volatility while prioritizing core growth opportunities.