Newmont (NEM): Exploring Valuation After Strong Share Price Gains in 2024
Newmont (NEM) shares have seen some movement lately, prompting investors to take a closer look at what is happening beneath the surface. With gold prices swinging and sector sentiment shifting, many are weighing Newmont’s current value as well as its future prospects.
See our latest analysis for Newmont.
Newmont’s share price has climbed impressively over 2024, with a sharp 136.56% year-to-date gain and a robust 55.99% jump over the past three months. This suggests that investor momentum is building as gold’s outlook evolves. Even when accounting for dividends, the one-year total shareholder return stands at 60.69%, rewarding longer-term holders as well.
Curious to see which other fast-moving stocks investors are watching? Now’s a…