Newmont's Trading Volume Plummets 63.47% Ranking 187th in Market

On March 24, 2025, Newmont's trading volume was $481 million, a 63.47% decrease from the previous day, ranking 187th in the day's stock market. Newmont (NEM) fell 1.14%, marking its third consecutive day of decline, with a total drop of 2.44% over the past three days.

Newmont, despite facing challenges, is positioned for recovery with its operational mines and surging metal prices. The company's future revenue projections are based on gold prices at $2,500 per ounce, copper at $9,730 per ton, and oil at $80 per barrel. Newmont Corporation is one of the world's largest gold mining companies, involved in the production and exploration of gold and copper properties, primarily in North America, South America, Australia, and Africa.

Newmont's tier-1 assets include 125.5 million ounces of gold, along with 13.5 million tonnes of copper and 530 million ounces of silver reserves. The company engages in the production and exploration of gold, as well as the exploration for copper, silver, zinc, and lead. Newmont's mining operations at its two Tier 1 assets are expected to see lower production than originally guided.