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Newmont stock price closes near $130 as gold flirts with $5,200 — what to watch next week
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Newmont stock price closes near $130 as gold flirts with $5,200 — what to watch next week
Newmont Corp shares rose 1.98% to $130.00 Friday, bucking declines in the S&P 500 and Dow as spot gold climbed 0.8% to $5,230.56 an ounce. Bernstein upgraded Newmont to Outperform and raised its price target to $157, citing higher long-term gold forecasts. Newmont recently beat Q4 profit estimates and plans $1.4 billion in asset development. Managing director Mark C. Rodgers sold 5,147 shares at $125 on Feb. 25. The post Newmont stock price clos…
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