| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 4B | +59% |
| Gross Profit | 1.7B | - |
| Cost Of Revenue | 2.3B | +68% |
| Operating Income | -3.1B | -1437% |
| Operating Expenses | 4.8B | - |
| Net Income | -3.2B | -2099% |
| R&D | 68MM | +28% |
| G&A | 84MM | +20% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
4 of these companies are trading near their all-time highs and then there is the gold producer.
Newmont's (NEM) first-quarter performance is likely to have been aided by higher production and the strength in gold prices.
STOCKSTOWATCHTODAY BLOG Shares of Newmont were dropping after gold prices fell sharply Monday. War tensions have eased and investors are pivoting away from safe havens to riskier assets. Gold contracts were down 2.
It's been a rough month for most S&P 500 stocks. But some are absolutely thriving. Five stocks, including Newmont, Freeport-McMoRan and United Airlines, are up more than 7% since the S&P 500 peaked this year on March 27, says an Investor's Business Daily analysis of data from S&P Global Market Intelligence and MarketSurge.
DENVER, April 19, 2024--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced the appointment of Francois Hardy as Chief Technology Officer (CTO). Francois will join Newmont’s Executive Leadership Team and lead the technical work across the business to improve operational performance and drive growth.
Newmont Corporation (NEM) closed the most recent trading day at $38.55, moving -0.03% from the previous trading session.
Gold prices have been enjoying a very strong surge over the past two months, defying earlier predictions of a cooldown and surpassing the psychologically important milestone of $2,000 an ounce. The rally has significantly impacted the performance of gold stocks, reflecting heightened investor interest in the sector. The yellow metal experienced a significant drop in U.S. trade on Wednesday after consumer price index data revealed higher-than-expected inflation growth in March, contributing to a
The run-up in gold prices isn’t over just yet. In fact, with Middle East tensions boiling over, and a pickup in safe-haven demand, the metal could test $2,700 this year, says Goldman Sachs. Roth MKM analysts also believe gold could range between $2,500 and $2,600 this year. All of which could send some of the top gold stocks to higher highs. Central bank buying isn’t slowing either. China’s central bank, for example, just bought even more gold for the seventeenth month in a row, says The Wall St
Going into the Q1 earnings season, earnings releases from the sector giants will determine the movement of these funds.
Newmont (NEM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.