Newmont Corporation is facing heightened stock price volatility, down over 22% since the onset of the Iran war, amid concerns about its viability as a haven for gold investments. Analysts have highlighted rising interest rates and fluctuating gold prices as pressures, with Newmont not included among the top recommended stocks for investors. Although a slight increase in gold prices is projected by the end of 2026, the company's earnings are at risk due to escalating costs and geopolitical uncertainties.
“Gold miners Coeur Mining (CDE) and Newmont (NEM) are down 37% and 21%, respectively, this month. Their stocks have followed the path of metals prices: Gold has fallen about 14% since the war began despite its reputation as a safe haven asset.”