high
Buy
9,498 shares
$400,335
Significance
6/10
Director Conger buys 9,498 NEM shares at $42.15 on 2024-11-27; stock now $40.91, down 30.3% from 52-week high
Director Harry M. Conger IV purchased 9,498 shares of Newmont Corp on 2024-11-27 at $42.15, tripling his holdings from 5,000 to 14,498 shares. The purchase occurred while the stock trades 30.3% below its 52-week high of $58.68 and has declined 21.7% over the past 90 days. Notably, the company reported full-year net income was negative in its most recent fiscal year, making this a director-level equity commitment at a time of profitability pressure and downward price momentum. The material increase in personal exposure—a 190.0% increase in shareholdings—occurred in a period of significant stock weakness rather than momentum.