Gold Stocks Dip: What's Going On?
Gold shares like Agnico Eagle Mines and Newmont are falling Thursday as gold slides to a one-year low on fading Middle East peace hopes.
Last updated: 2026-11-13 22:58:20. Prices reflect the latest after-hours trading data. Stock price data is sourced from Massive.
Newmont Corporation (NEM) operates in the GOLD AND SILVER ORES sector and is listed on NYSE. The stock is currently priced at $113.13, with a market capitalization of $117.05B and a P/E ratio of 12.67. Over the past 52 weeks, its price has ranged from $81.34 to $135.29. This page covers its latest market performance, valuation, price trends and company information.
$117.05B | |
$112.88 | |
$114.45 | |
$112.30 | |
$112.64 | |
3.13M | |
6.88M | |
12.67 | |
$135.29 | |
$81.34 | |
0.94% | |
12-31 |
Newmont Corporation (NEM) is trading at $112.68 in after-hours trading as of 2026-11-13 22:56:00, down 0.40% ($0.45) from the regular-session close of $113.13.
After-hours trading shows how investors are pricing NEM after the regular session closes. The current after-hours price is near the regular-session close, indicating cautious after-hours sentiment.
NEM is up 0.15% in after-hours trading.
Over the past seven days, Newmont Corporation (NEM) moved from $119.71 to $113.13, representing a decline of 5.50% ($6.58).
The stock traded between $112.30 and $127.28 during the period. The latest price is near the lower end of the 7-day range, indicating strong downward.
The average daily volume was 6.85 million shares, up versus the previous seven-day period, indicating higher trading activity.
Position in Range: 58.9%
NEM is currently trading at $113.13, placing it 58.9% of the way from its 52-week low of $81.34 to its 52-week high of $135.29. This percentage reflects the stock's relative position within its 52-week trading range, not its valuation or future performance.
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 11 mines and interests in two joint ventures in the Americas, Africa, Australia, and Papua New Guinea. It is expected to sell roughly 5.3 million ounces of gold in 2026 from its continuing mines after selling six higher-cost, smaller mines following the Newcrest acquisition. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves, along with significant byproduct reserves at the end of December 2025.
| Industry | GOLD AND SILVER ORES |
| Employees | 17,500 |
| CEO | Natascha Viljoen |
| Founded | 1916 |
| Exchange | NYSE |
| Company Website |
View the latest dividend and stock split events for Newmont Corporation.
Dividend | |
|---|---|
| Ex-Dividend Date | Nov 25, 2026 |
| Payment Date | Dec 21, 2026 |
| Dividend Per Share | $0.26 |
Latest news related to Newmont Corporation and NEM stock.
Gold shares like Agnico Eagle Mines and Newmont are falling Thursday as gold slides to a one-year low on fading Middle East peace hopes.
Five sectors are higher and six are lower in Thursday’s regular session, with cyclical, defensive and growth sectors split across the top three positions. The leaders are separated rather than clustered, with Energy clearly ahead of the next group.
The gold mining industry faces near-term challenges as prices have retreated from January records due to a stronger U.S. dollar and expectations of further interest rate hikes. Miners continue to struggle with rising costs and labor shortages. However, long-term supply deficits from resource depletion and declining mature mine production could support prices. Despite these headwinds, several well-positioned companies with strong balance sheets are expected to benefit from growth initiatives and expanding investment demand.
With central banks doubling gold purchases since 2022 amid geopolitical tensions and rising U.S. deficits, gold mining stocks offer investors different exposure strategies. JPMorgan projects gold could reach $6,300 by next year. Five major players—Newmont, Agnico Eagle, Barrick Mining, Kinross Gold, and Wheaton Precious Metals—each offer unique risk-return profiles, from large-scale diversified producers to leveraged plays and streaming business models.
Newmont Corporation's Q3 2026 gold costs surged 22% year-over-year to $1,449 per ounce on a co-product basis, with AISC climbing 25%. The company lowered full-year AISC guidance but Q4 is projected to reach $1,900 per ounce as capital spending peaks and production declines. Competitors Kinross Gold and Agnico Eagle also reported significant cost increases, with AISC rising 20% and 24% respectively, pressuring industry profitability.
Eligible investors can buy real shares of Newmont Corporation (NEM) through MEXC RealStocks. Follow these three steps to open a RealStocks account, transfer USDT, and place a US stock order.
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Estimate the value between NEM shares and USD.
NEM Shares to USD
1.00 NEM shares = 113.125 USD
Calculations are estimates based on the latest available price and are for reference only.