Newmont Shares Surge to Annual Peak Amid Gold Rally

The world's largest gold producer has scaled a new 52-week high, propelled by an unprecedented rally in gold prices that has pushed the precious metal above $4,000 per ounce. This milestone underscores a period of exceptional performance for the miner, driven by both favorable commodity markets and a disciplined corporate strategy.

On December 19, 2025, Newmont Corporation's stock achieved a peak of $102.35 during the trading session, ultimately closing at $101.65. Trading activity was notably robust, with volume exceeding 6.8 million shares, well above the average. The equity has appreciated approximately 132% since the start of the year, a direct correlation to the historic surge in gold prices breaching the $4,000 threshold.

With a market capitalization now standing at roughly $110.78 billion, Newmont holds the dual distinction of being the globe's premier gold producer and the sole gold mining entity listed within the S&P 500 Index.

Strategic Divestment Program Accelerates

In a move preceding this share price record, Newmont announced the sale of 6.77 million shares in Fuerte Metals Corporation for about CAD 29.5 million (approximately USD 21 million). Executed through its subsidiary Goldcorp Canada ULC, this transaction reduces Newmont's stake in Fuerte from 24% to 19.5%.

Should investors sell immediately? Or is it worth buying Newmont Mining?

This sale represents the latest step in a divestment initiative launched in 2024, which has to date generated over $3.5 billion for the company. The program is a core component of management's strategy to streamline the portfolio, shedding non-core operations to sharpen focus on high-margin, long-life Tier-1 assets.

Summary of Divestiture Outcomes

• Six non-strategic production facilities sold
• Disposal of two development-stage projects
• Aggregate gross proceeds anticipated to reach $4.9 billion (including contingent payments)
• Net cash from 2025 asset sales totaling $2.6 billion
• Nearly $900 million realized from equity stake sales

Operational Performance Underpins Momentum

The recent equity advance is built upon a foundation of solid operational results. Financial figures released on October 23 for the third quarter of 2025 highlighted the company's operational strength, providing fundamental justification for the positive investor sentiment.

Looking ahead, the confluence of record-breaking gold prices, a streamlined asset portfolio, and consistent production is likely to keep Newmont at the forefront of commodity investor attention through 2026. The company's upcoming quarterly reports will be closely watched for evidence that it can continue to meet elevated market expectations.