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

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 Name5 Days1 Month6 Months1 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

TF Metals Report on Twitter: “For those keeping score at home…Newmont $NEM, which is down nearly 50% in just three months, now sports a daily RSI of 13. Yes, that’s right. 13. pic.twitter.com/AFbfi6IZOc / Twitter”

For those keeping score at home…Newmont $NEM, which is down nearly 50% in just three months, now sports a daily RSI of 13. Yes, that’s right. 13. pic.twitter.com/AFbfi6IZOc

NEM Stock Forecast: Today’s Outlook

IndicatorTrend
Overall OutlookNegative
Market Data
Market CapLower
TechnicalNeutral
Trading VolumeHigher
Crowd’s Wisdom
Google Search VolumeLower
Social Media SentimentNegative

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

YouTube video

NEM Stock Forecast: Price Target

SourceHighLow
WSJ$100$52
CNN$100$52
Nasdaq$79.5$60

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 Days24 HoursTrends
Net Sentiments-12.1%-0.5%Lower

WWE Stock Forecast: Continues to grow over CEO chaos

NEM Stock Forecast

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.