Newmont Corporation (NYSE:NEM) Short Interest Down 13.4% in February

Newmont Corporation (NYSE:NEM) was the recipient of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 18,702,308 shares, a drop of 13.4% from the January 29th total of 21,583,987 shares. Based on an average daily trading volume, of 9,929,151 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.7% of the shares of the stock are short sold. Currently, 1.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,929,151 shares, the days-to-cover ratio is presently 1.9 days.

More Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Strong fundamental support — Newmont’s Feb. earnings beat, record 2025 free cash flow and a higher quarterly dividend underpin longer‑term bull case and make the stock attractive as a defensive gold play. Markets Seek Shelter as Gold Shines Brightest
• Positive Sentiment: Big-name analyst upgrade — Citigroup raised its price target to $150 and reinstated a Buy, implying significant upside from current levels and giving technical/buy-side catalysts. Citigroup Raises PT to $150 (Benzinga)
• Neutral Sentiment: Elevated call activity — unusually large call-option buying was recorded, signaling some traders are positioned for a rebound or continued volatility; this boosts short-term liquidity and can amplify moves either way. Options/Volume Note (QuiverQuant)
• Neutral Sentiment: Momentum and valuation debate — coverage highlights strong momentum following a large multi‑month rally but also flags valuation and whether recent gains are already priced in, keeping both bulls and cautious investors active. Valuation After Rally (Yahoo/Finance)
• Negative Sentiment: Sector profit‑taking from a pullback in gold — the immediate intraday selloff tracks a drop in bullion prices after a geopolitics‑driven rally, prompting traders to lock in gains; miners like Newmont are highly correlated to spot gold and thus react quickly. Newmont Slides as Gold Pulls Back (QuiverQuant)
• Negative Sentiment: Short-term analyst skepticism — TD Securities trimmed its price target slightly to $118 and moved to a Hold, adding a near-term ceiling on sentiment and increasing headline noise. TD Securities Lowers PT to $118 (BayStreet.CA)
• Negative Sentiment: Flow and positioning pressures — reports note insider sales and large institutional rebalancing in recent quarters; combined with dividend record/ex‑date mechanics and momentum unwind, these flows can amplify down-days. Insider/Flows Context (QuiverQuant)
• Negative Sentiment: News coverage of the drop — media explain the intraday decline and investor reaction, which can reinforce selling momentum as headlines circulate. Why Newmont Stock Dropped (Motley Fool)

Analyst Ratings Changes

NEM has been the subject of several recent analyst reports. Citigroup upped their price objective on Newmont from $118.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday. Bank of America increased their target price on shares of Newmont from $134.00 to $151.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. BMO Capital Markets decreased their price target on shares of Newmont from $145.00 to $140.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. Canadian Imperial Bank of Commerce lowered their price objective on shares of Newmont from $71.00 to $67.00 in a research report on Friday, February 27th. Finally, Wall Street Zen lowered shares of Newmont from a “buy” rating to a “hold” rating in a research report on Saturday. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $133.68.

Newmont Trading Up 1.5%

Shares of NYSE NEM traded up $1.77 during trading on Wednesday, reaching $120.29. The company had a trading volume of 1,891,201 shares, compared to its average volume of 9,934,292. The stock has a market cap of $130.86 billion, a P/E ratio of 18.82, a PEG ratio of 1.08 and a beta of 0.39. The company’s fifty day moving average price is $116.52 and its 200-day moving average price is $96.11. The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.16. Newmont has a 12 month low of $42.03 and a 12 month high of $134.88.

Newmont (NYSE:NEM) last announced its earnings results on Thursday, February 19th. The basic materials company reported $2.52 EPS for the quarter, beating the consensus estimate of $1.81 by $0.71. Newmont had a return on equity of 23.28% and a net margin of 31.25%.The business had revenue of $6.82 billion for the quarter, compared to analysts’ expectations of $6.18 billion. During the same period in the prior year, the business posted $1.40 earnings per share. The firm’s revenue was up 20.6% on a year-over-year basis. As a group, research analysts expect that Newmont will post 3.45 earnings per share for the current year.

Newmont Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. This is an increase from Newmont’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Tuesday, March 3rd. Newmont’s payout ratio is currently 15.65%.

Institutional Investors Weigh In On Newmont

Hedge funds have recently added to or reduced their stakes in the business. Apella Capital LLC boosted its stake in Newmont by 4.1% during the fourth quarter. Apella Capital LLC now owns 2,198 shares of the basic materials company’s stock worth $219,000 after acquiring an additional 86 shares in the last quarter. New Wave Wealth Advisors LLC raised its holdings in shares of Newmont by 1.3% during the fourth quarter. New Wave Wealth Advisors LLC now owns 6,849 shares of the basic materials company’s stock valued at $684,000 after purchasing an additional 88 shares during the period. Novem Group boosted its position in shares of Newmont by 3.7% during the 4th quarter. Novem Group now owns 2,487 shares of the basic materials company’s stock worth $248,000 after purchasing an additional 88 shares in the last quarter. Norden Group LLC grew its stake in shares of Newmont by 0.7% in the 4th quarter. Norden Group LLC now owns 12,367 shares of the basic materials company’s stock valued at $1,235,000 after buying an additional 90 shares during the period. Finally, Parkside Financial Bank & Trust increased its position in Newmont by 1.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 7,153 shares of the basic materials company’s stock valued at $714,000 after buying an additional 96 shares in the last quarter. 68.85% of the stock is currently owned by institutional investors.

Newmont Company Profile

Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.

Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.