Newmont Corporation Investors: Please contact the Portnoy Law Firm to recover your losses; April 1, 2025 Deadline to file Lead Plaintiff Motion
Portfolio Pulse from
The Portnoy Law Firm is preparing a class action lawsuit against Newmont Corporation for investors who purchased securities between February 22, 2024, and October 23, 2024. The lawsuit stems from Newmont's October 23, 2024 press release revealing disappointing third-quarter EBITDA results, production declines, and rising operating costs, which caused the stock price to drop from $57.74 to $49.25 per share.
March 25, 2025 | 10:30 pm
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NEGATIVE IMPACT
Potential class action lawsuit highlights concerns about Newmont's financial reporting and operational performance in Q3 2024, with specific issues around production forecasts and operating costs.
The lawsuit directly relates to Newmont's financial performance, potentially indicating significant operational challenges that could negatively impact investor confidence and stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100