Why Did Newmont Corporation Stock Lose 20% In Value?
- Date: 05-Jun-2022
- Source: Nasdaq
- Sector:Financial Markets
- Country:Middle East
Why Did Newmont Corporation Stock Lose 20% In Value?
The shares of Newmont Corporation (NYSE: NEM) have lost 20% in value since mid-April as gold prices declined from $2,000/ounce in March to $1,800 at present. While other commodities, including copper and iron, have also reported a decline over concerns of lower demand due