Newmont Surges to 137th in Trading Volume with $818 Million Day

On July 23, 2025, Newmont's trading volume reached $818 million, marking a 42.21% increase from the previous day. This surge placed Newmont at the 137th position in terms of trading volume for the day. However, the stock price of Newmont (NEM) experienced a slight decline of 0.45%.

Newmont Corporation is set to release its quarterly earnings report on July 24, 2025. This announcement is highly anticipated by investors, as it will provide insights into the company's financial performance and strategic direction. The earnings report is expected to include details on operating cash flows, free cash flow, and earnings per share (EPS).

Canaccord Genuity has adjusted its price target for Newmont, increasing it from $75 to $85. The firm maintains a buy rating on the stock, indicating a positive outlook on the company's future performance. This adjustment reflects the firm's confidence in Newmont's ability to generate strong financial results and maintain its competitive position in the mining industry.