NEM Stock Forecast: Stock dips as soon as earnings are announced

NEM Stock Forecast: The stock is expected to trade between $39.9 and $46.6. The overall recommendation is Hold.
July 27th
NEM Stock Forecast: Latest Price
Stock Name | 5 Days | 1 Month | 6 Months | 1 Year |
NEM | -15.4% | -27.7% | -23.9% | -24.7% |
NEM Stock Forecast: Latest News
- As Newmont reported disappointing earnings and is facing inflation trouble – As a result, the stock dipped by 14% yesterday.
- Newmont Corporation signed a deal with its represented workforce at its Penasquito mine in Zacatecas, Mexico. An uncapped profit-sharing bonus of up to 10% will be paid.
NEM Stock Forecast: Latest Tweet
NEM Stock Forecast: Today’s Outlook
Indicator | Trend |
Overall Outlook | Negative |
Market Data | |
Market Cap | Lower |
Technical | Neutral |
Trading Volume | Higher |
Crowd’s Wisdom | |
Google Search Volume | Lower |
Social Media Sentiment | Negative |
Also Read: PLRX Stock Forecast 2022
NEM Stock Forecast: Last quarter earnings summary
- The earnings per share were $0.5 in the second quarter of 2022, down from $0.8 in 2021 during the same period.
- The revenue was reported to be $3,058 million, almost flat year over year. However, it was down from estimates by 0.5%
- Average realized prices of gold rose 0.7% year over year to $1,836 per ounce.
NEM Stock Forecast: Latest Video
NEM Stock Forecast: Price Target
NEM Stock Forecast: Google Trends
The search volume of NEM stock is lower compared to yesterday
NEM Stock Forecast: Technicals
NEM Stock Forecast: Social Media sentiments
7 Days | 24 Hours | Trends | |
Net Sentiments | -12.1% | -0.5% | Lower |
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–Nandini Panchal
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.
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