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What's Going On With Newmont Shares On Friday?
Newmont (NYSE: NEM) shares are trading lower on Friday despite reporting fourth-quarter earnings that beat analyst estimates for both EPS and revenue. The company also provided 2026 guidance, projecting 5.3 million ounces of gold production. Technical analysis shows a strong bullish trend over the past year, but mixed signals from RSI and MACD, coupled with the stock trading below a recent high, suggest caution for investors.