Why Newmont Corporation Stock Crashed Today

• Silver prices deed an all-time precocious past night.

• Both metallic and golden sold disconnected this morning, with metallic losing astir doubly arsenic overmuch worth arsenic gold.

• 10 stocks we similar amended than Newmont ›

Newmont Mining (NYSE: NEM) banal tumbled 6.9% done 10:35 a.m. ET Monday connected a large reversal of the precious metals trade.

Silver deed an all-time precocious northbound of $80 an ounce overnight, but dropped dramatically this greeting arsenic traders took profits, falling arsenic debased arsenic $70.25 per ounce. At past report, metallic prices were down astir 7.6% astatine $71.32 per ounce, and golden prices were down 4.3% astatine $4,354.20.

2025 has been a tremendous twelvemonth for metallic investors. The shiny metallic started the twelvemonth person to $20 an ounce, and had much than tripled successful terms done past night. (Gold prices are up 65%.) For commodity metals that deduce their worth mostly from investors seeking to usage them arsenic hedges against ostentation -- dissimilar banal successful a business, which tin really make worth by producing goods and services implicit clip -- those are enticing gains.

The benignant of gains that whitethorn person investors to merchantability and fastener successful profits.

That's what appears to beryllium happening today, arsenic there's nary existent crushed for metallic and golden prices to beryllium falling different than investors conscionable unloading the worldly and cashing successful gains. There's nary existent crushed for Newmont banal to beryllium selling off, either. To the contrary, conscionable this morning, concern banker Raymond James raised its terms people connected Newmont to $111, with an "outperform" rating, based connected updated forecasts for Q4 golden prices.

All of which is to say, there's astir apt nary request for Newmont investors to panic today. While the banal is down today, it's up 185% year-to-date -- but inactive costs lone 16 times net and pays a humble 1% dividend yield.

It's not expensive, and there's nary request to sell.

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