Newmont director Bruce Brook sells shares worth $100,651

Published 03/04/2025, 21:40
Newmont director Bruce Brook sells shares worth $100,651

Bruce R. Brook, a director at Newmont Corp (NYSE:NEM), sold 2,077 shares of the company on April 1, 2025. The mining giant, which has delivered impressive returns of over 30% year-to-date according to InvestingPro data, currently appears undervalued based on Fair Value analysis. The shares were sold at a price of $48.46 each, amounting to a total transaction value of $100,651. Following this sale, Brook retains ownership of 45,839 shares in the company. The transaction was executed under a Rule 10b5-1 trading plan, which had been set up on September 3, 2024. Notably, Newmont maintains a strong financial position with a 50% gross profit margin and has consistently paid dividends for 55 consecutive years. For deeper insights into Newmont’s financial health and more exclusive ProTips, visit InvestingPro.

In other recent news, Nemechek SE reported robust financial results for Q1 2025, with total revenue reaching €996 million, driven by a 14% organic growth rate. The company also saw a significant 41.9% increase in its Annual Recurring Revenue (ARR), indicating strong demand for its digital solutions. Additionally, Nemechek completed a major acquisition, GoCanvas, and opened a new office in India as part of its strategic expansions. The company’s EBITDA grew by 16.8%, achieving a margin of 30.2%. Looking ahead, Nemechek SE has set a revenue growth guidance of 17-19% for 2025. In terms of analyst actions, there were no specific upgrades or downgrades mentioned. The company’s strategic focus includes investments in AI and cloud features, aiming for continued international market expansion.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.