Why Newmont Stock Collapsed in June, And What to Expect Next
Should investors fear the gold stock's recent decline or buy the dip?
Overview
Investors went from pricing in record cash flows for Newmont (NYSE: NEM) to panicking over cooling gold prices amid falling production and rising costs. This sudden shift in sentiment triggered a 14.9% drop in June in Newmont's share price, according to data provided by S&P Global Market Intelligence. That single bad month erased early momentum, leaving the gold stock up only 10% in the first half of 2026.
Is Newmont headed even lower, or is this a prime opportunity to buy one of the finest gold stocks on the dip?
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.