Newmont Corporation Stock: Is NEM Outperforming the Basic Materials Sector?
ByAinvest
Tuesday, Dec 2, 2025 2:57 pm ET1min read
NEM--
Newmont Corporation (NEM) stock has been outperforming the basic materials sector. The stock has seen a significant increase in value, with a 52-week high of $74.64 and a 52-week low of $52.07. NEM's performance is attributed to its strong gold production and revenue growth. The company's Q2 2022 earnings report showed a 16% increase in gold production and a 23% increase in revenue compared to the previous year. NEM's stock has also been positively impacted by the recent gold price surge.
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