Newmont Stock Skyrockets as Gold Rally Hits Record Highs – Will the Boom Continue?
Newmont’s stock is benefiting from this perfect storm of factors. Technically, the chart is exceptionally strong – NEM cleared a golden crossover and trades well above key moving averagesnasdaq.cominvesting.com. Fundamentally, the company is healthy: it beat latest earnings, has low net debt, and the free cash flow to maintain dividends and buy back stocknasdaq.commarketbeat.com. Analysts have lifted estimates accordingly. Zacks notes 2025 EPS consensus is now about $5.50 (roughly +58% YOY), and Q3 EPS is expected to jump ~58% vs. a year agonasdaq.com. Expert Commentary: Several strategists point to the gold-friendly environment. For example, Bank of America’s Michael Jalonen reiterated
