Gold Futures Rebound Sparks 5% Intraday Rally; Market Cap Swells by Over $7 Billion
### Newmont Corporation (NEM) Surges to $109
Newmont Corporation (NEM), the leading gold miner listed on the New York Stock Exchange, spiked more than 5% intraday on January 6, reaching around $109 per share. The 5.6% gain over the prior session added roughly $5.01 billion (about KRW 7 trillion) to its market capitalization in a single day. As gold futures rebound close to record highs, investors have piled into Newmont as a leveraged play on rising gold prices. (Source: barrons.com)
150% Rally in 2025 Fuels Continued Buying on Fed Easing Hopes
- Throughout 2025, Newmont’s stock jumped approximately 140–150%, outperforming peers in the gold mining sector.
- In November alone, shares rose 12%, and by December they hit a 52-week high near $98.
- The uptrend has carried into the new year, reflecting investors’ anticipation of Federal Reserve rate cuts and a weaker dollar lifting gold prices further. (Source: barrons.com)
Improved Earnings, Cash Flow and CEO Succession Position Newmont as a “Gold Supercycle Winner”
- In Q3 2025, Newmont reported net income more than double that of the same period a year earlier, alongside record quarterly free cash flow.
- Net debt fell to near zero, enabling substantial share buybacks and enhanced shareholder returns.
- Natasha Billon is set to succeed as CEO in early 2026, reinforcing expectations of further cost efficiencies and asset restructuring. (Source: investors.com)
Elevated Volatility Yet “Top Choice for Leveraged Gold Exposure”
Despite the rapid ascent, volatility has increased. Newmont’s stock showed mid-30% annual volatility in 2025 and has recently oscillated by around ±5% intraday. Nevertheless, Wall Street analysts maintain that Newmont remains the premier leveraged vehicle for investors betting on gold’s direction. As long as gold prices stay firm, a buy-and-hold stance is likely to persist despite valuation concerns. (Source: ts2.tech)