Stocks · News reference
Why Is Newmont Stock Surging Friday?
Newmont stock trades higher behind strong gold demand. See key support, resistance levels, and technical analysis for NEM.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
USAR Falls Below 50-Day SMA: Is It Time to Hold or Exit the Stock?
USA Rare Earth (USAR) has fallen below its 50-day and 200-day moving averages, declining 18.8% over six months due to continued operating losses, negative gross margins, and significant cash burn from capacity expansion. While the Serra Verde acquisition and up to $1.6B in government-backed funding provide growth opportunities, the company faces near-term profitability pressure and execution risks as it ramps commercial production.
Shares of copper-related companies are trading lower after reports suggesting that the Trump administration will abandon its copper tariff plan due to concerns over higher prices and metals inflation. A lack of tariffs may lead to lower producers for miners and refiners of the red metal.
Albemarle’s Next CEO Inherits A $250 Million Swing Per Dollar
Albemarle names ex-BHP exec Rag Udd as CEO starting Feb 2027 to navigate shifting lithium demand and market dynamics.
Company News for Sep 18, 2026
Several stocks moved significantly in market trading: Coinbase Global gained 5.8% following new SEC tokenization rules, CoreWeave fell 4.2% after announcing a $3 billion convertible debt offering, SanDisk jumped 6.2% on broad tech rally strength, and Newmont Corporation rose 2.2% as precious metals benefited from falling yields and a weaker dollar.
Why Newmont Stock Just Popped
Newmont stock rose 2.8% as gold prices rebounded after the Federal Reserve raised interest rates to 3.75%-4% for the first time in three years. While higher rates typically make gold less attractive as an investment, gold prices recovered from yesterday's sell-off. Newmont stock trades at 15.7x trailing earnings with expected 15% annual earnings growth and a 0.9% dividend yield, making it fairly valued but not a compelling buy.