On July 21, Newmont rose 3.21% in regular trading, trading at $92.165/share, with turnover of $181 million. The move was driven by pre-earnings optimism ahead of the company's quarterly report scheduled for July 23, combined with a strong rally in spot gold prices above $4,100.

On the news front, market consensus expects Newmont to report quarterly revenue of $6.406 billion, up 30.50% year-over-year, with adjusted EPS of $2.09, up 77.43%, and EBIT of $3.199 billion, up 56.10%. Analysts highlighted profit elasticity from the upward shift in gold price center and production recovery. Meanwhile, U.S. June CPI data came in below expectations with a 0.4% month-over-month decline, easing Fed tightening pressure and pushing gold higher.

Within the Gold sector, the broader group showed strength. Among individual stocks, Coeur Mining rose 4.48%, Wheaton Precious Metals rose 4.61%, Pan American Silver rose 3.65%, Barrick Mining rose 3.1%, and Agnico Eagle Mines rose 2.33%. Multiple analysts maintain overweight ratings on Newmont with a mean price target of approximately $135.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)