Newmont Falls 0.5% as $660M Volume Ranks 139th Amid Cost-Cutting and Gold Volatility

. 12, , ranking it 139th in market activity. The decline came amid mixed signals from operational updates and broader market dynamics.

Recent reports highlighted the miner’s ongoing cost-cutting initiatives and exploration progress in key regions, which analysts noted could bolster long-term earnings potential. However, near-term pressure persisted as gold prices fluctuated within a narrow range, limiting tailwinds for the sector.

Investor sentiment remained cautious ahead of quarterly earnings releases from major peers, with some strategists suggesting Newmont’s stock may remain range-bound until macroeconomic clarity emerges. Technical indicators showed oversold conditions, though momentum remained subdued.

Backtesting results for a volume-weighted strategy from Jan. 3, 2022, to Sept. 12, 2025, . Current platforms lack multi-asset portfolio rebalancing capabilities, limiting direct execution of the approach. Alternative methods include using proxy instruments or exporting data for external analysis.