Newmont Corporation (NEM)

Newmont Corporation is trading at $111.70, down 1.95% on the session. The 50 day average sits at $121.67 and the 200 day at $112.45, which puts the stock in a uptrend. RSI is at 36.2, which reads as weak, and MACD is bearish crossover. Volume is above average.

The nearest support is around $91.85 with resistance near $119.05, so that band frames the current range. Average daily movement is roughly $3.96, or about 3.5% of the share price, which is what any stop placement has to allow for. The overall health score of 37 out of 100 combines a trend score of 41, momentum of 24 and a risk score of 50.

Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals. It has operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. The company was founded in 1916 and is headquartered in Denver, Colorado.