Newmont Corporation

Registration Deadline:

04/01/2025

A securities class action has been filed in the USDC CO. against Newmont Corporation (NEM) (“Newmont” or the “Company”), on behalf of all persons or entities who purchased or otherwise acquired Newmont securities between February 22, 2024, and October 23, 2024, both dates inclusive (the “Class Period”).

 

Newmont is the world’s leading gold mining company and producer of copper, silver, zinc and lead. The Company has operations and/or assets in the North America, Africa, Australia, Latin America and Caribbean, and Papua New Guinea.

 

The claim arises on October 23, 2024, when Newmont published a press release announcing disappointing EBITDA third quarter 2024 highlights, in addition to decreases in production and increases in operating costs.

 

The complaint alleges that Defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning Newmont’s ability to deliver increased gold production at its Tier 1 operations, specifically, Lihir and Brucejack, in addition to lowering overall costs throughout its mining operations.

 

As a result, from a closing market price of $57.74 per share on October 23, 2024, Newmont’s stock price fell to $49.25 per share on October 24, 2024.

 

If you purchased Newmont securities during the class period and would like to receive more information or join the action, please enter your contact information below for a FREE consultation and click “Submit Your Information”.

 

About Lowey Dannenberg

Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.

If you suffered a loss on your investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below.

An attorney will contact you at no cost to provide you information about joining the action and answer your questions. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.