Newmont Stock Skyrockets on Gold Boom: Record Highs, $100 B Milestone & Bold Forecasts
Newmont Shares Soar to Multi-Year Highs Newmont’s stock price has been on a tear, skyrocketing this week to levels not seen in years. Shares traded around the high-$90s on October 17 – up sharply from the low-$80s just a week ago – after rallying ~14.8% from last Friday to Thursday’s close alonefinviz.com. The stock hit a fresh 52-week high near $98.58 on Thursdayfinviz.com, and in doing so Newmont’s market cap crossed the $100 billion threshold for the first timeboerse-am-sonntag.de. This milestone is significant: Newmont is now on the cusp of becoming the first-ever gold mining company valued in twelve digits, reflecting