New York, March 2, 2026, 15:35 EST — Regular session
- Newmont shares slipped roughly 0.9% in afternoon trading, recovering slightly after an initial drop earlier in the session.
- A company officer has put in a Form 144, signaling a possible share sale under Rule 144.
- Traders eye bullion’s recent surge, with Friday’s U.S. jobs report in focus too.
Newmont Corporation shares slipped roughly 0.9% to $128.81 Monday afternoon, paring some of last week’s gains. Bullion, meanwhile, stayed on steadier ground.
This shift has put gold-related stocks back on edge. Investors are caught between seeking safety in bullion and grappling with a firmer dollar and higher energy prices. Newmont kicked off the session at $131.14, then dropped to $126.64 before finding its footing.
Spot gold edged up 0.4% to $5,297.31 an ounce by 1831 GMT, according to Reuters, having earlier surged over 2% as lingering concerns over the Middle East conflict sent some investors hunting for safety. “I think it’s that uncertainty that is more than likely to support prices,” said David Meger, director of metals trading at High Ridge Futures. Reuters
Newmont had another insider move crop up. Officer David John Thornton filed a Form 144 notice Monday, disclosing a planned sale of 944 common shares, with the total market value pegged at about $123,796. The filing points to a Rule 10b5-1 trading plan, put in place on Dec. 1, 2025. (Form 144s serve as disclosure for Rule 144 sales; a 10b5-1 plan allows for scheduled trades.) Streetinsider
Recent sessions have seen Wall Street analysts hold their positive stance. Jefferies bumped its price target on Newmont up to $162 from $158, sticking with a “buy” call, a note picked up by MT Newswires showed. MarketScreener
Income-oriented investors have their eyes on Newmont after the miner announced it will pay a $0.26 per share quarterly dividend on March 26 to holders registered by March 3, according to a statement last month. Newmont
Volatility has ruled the broader tape. Oil, the dollar, and Treasury yields all ticked up while Middle East tensions rattled markets—a combination that muddies the usual link between stronger gold prices and mining stocks. Reuters
But the dynamic isn’t one-sided. Should the dollar extend its rally on risk-off sentiment, dollar-denominated bullion could stall, and gold miners often shed their “gold proxy” status, reverting to trading like regular equities. Reuters
What’s coming up for Newmont? Two key points: March 3 is the record date for the dividend, while this Friday’s U.S. jobs numbers could jolt both rate and dollar forecasts—both factors that tend to move gold. Bls
