Why Newmont Corp. (NEM) Soared Last Week?
From Yahoo Finance: 2025-04-12 18:46:00
Last week, despite the market slump, 10 firms recorded double-digit gains. Newmont Corp. (NEM) saw a 24.4% surge, closing at $54.97 on Friday, up from $44.18 on April 4. Gold prices hit record highs twice last week, driving investors to gold miners like NEM. An investment bank upgraded NEM to Buy with a price target of $60, a 9% upside from Friday’s closing price. NEM operates in several countries and ranks 10th on the list of top gainers. While NEM shows promise, AI stocks may offer higher returns in a shorter timeframe. Check out a report on the cheapest AI stock for potential investment opportunities.
Read more at Yahoo Finance: Why Newmont Corp. (NEM) Soared Last Week?