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One NYSE- Listed Gold Mining Stock at Resistance Level – NEM

Aug 11, 2026 | Team Kalkine
One NYSE- Listed Gold Mining Stock at Resistance Level – NEM
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  • NEM:NYSE
  • Investment Type
    Large-cap
  • Risk Level
  • Action
  • Rec. Price (US$)

Newmont Corporation

Newmont Corporation (NYSE: NEM) is the world's largest gold mining company, engaged in the exploration, development, mining and processing of gold, while also producing copper, silver, lead and zinc from a diversified portfolio of world-class operations across North America, South America, Australia and Africa. The company focuses on generating sustainable free cash flow through disciplined capital allocation, operational efficiency and long-life, low-cost mining assets, while returning capital to shareholders through dividends and share repurchases.

According to our previous US Dailies Report published on 'NEM' on July 6, 2026, Kalkine recommended a 'Buy' stance on the stock at USD 97.04. This recommendation was based on technical analysis, and the stock has now surged by 20.84%, trading above the second resistance level.

Noted below are the details of technical summary provided in our previous report:


Disclaimer-

Kalkine Equities LLC, with Delaware File Number 4697384, Foreign Qualification Registration in California File Number 202109211078, and Texas File Number 805521396, is authorized to provide general advice only. The information on https://kalkine.com/ does not take into account any of your investment objectives, financial situation or needs. You should consider the appropriateness of advice taking into account your own objectives, financial situation and needs and seek independent financial advice before making any financial decisions. The link to our Terms and Conditions  and Privacy Policy has been provided for your reference. On the date of publishing the reports (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.

Past performance is not a reliable indicator of future performance.

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