Updated
Updated · MarketWatch · May 8
Newmont stock rises but underperforms competitors
Updated
Updated · MarketWatch · May 8

Newmont stock rises but underperforms competitors

9 articles · Updated · MarketWatch · May 8
  • Shares gained 2.66% to $116.51 on Friday, while Royal Gold rose 2.68% to $238.91 in a broadly higher US market.
  • Newmont ended the session 13.62% below its 52-week high of $134.88, reached on 29 January.
  • Trading volume was 5.1 million shares, well below the 50-day average of 9.8 million, suggesting lighter investor activity despite the advance.
With record profits and massive cash flow, why is Newmont's stock lagging behind analyst targets?
Is the royalty business model now a better investment than traditional gold mining amid today's market risks?