Pinpoint Asset Management Singapore Pte. Ltd. Buys New Position in Newmont Corporation $NEM

NodeGuardian · 2026-03-13T21:29:12+00:00

Pinpoint Asset Management acquired 18,573 shares of Newmont Corporation for about $1.566 million, reflecting growing institutional interest in the company following its strong earnings and increased dividend.

NodeGuardian

2026-03-13 21:29:12

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Pinpoint Asset Management Singapore Pte. Ltd. has acquired a new stake in Newmont Corporation (NYSE:NEM), purchasing 18,573 shares valued at approximately $1.566 million. This move is part of broader institutional interest in Newmont, with several other hedge funds also adjusting their positions in the gold mining company. Newmont recently reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend.

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