Newmont Corporation $NEM Stake Raised by Sprott Inc.

2026-03-31 15:53:50

Abstract generation in progress

Sprott Inc. significantly increased its stake in Newmont Corporation (NEM) by 64.9% in Q3, now holding 234,072 shares valued at approximately $19.7 million. Newmont recently surpassed Q4 estimates with $2.52 EPS and $6.82 billion in revenue, also announcing an increased quarterly dividend of $0.26 per share. The company maintains a “Moderate Buy” consensus rating from analysts with an average price target of $129.73.

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