Newmont is trading 4% up today at A$142.99, outperforming its recent range as the broader materials complex gains momentum.
- The stock has broken above its recent A$134–138 trading range, buoyed by firmer risk sentiment following record gains in U.S. equity markets.
- With no fresh company-specific news reported, the move is driven by investor rotation into gold miners as commodities rally and geopolitical risks remain in focus.