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 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

YouTube 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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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.

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