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16,468 Shares in Newmont Corporation $NEM Acquired by Florida Financial Advisors LLC
Florida Financial Advisors LLC recently acquired 16,468 shares of Newmont Corporation (NEM) valued at approximately $1.39 million, as detailed in an SEC filing. This acquisition is part of a broader trend of institutional investors increasing their stakes in Newmont, with several other major firms also boosting their holdings. The stock has seen a significant surge of about 73% in the past six months, driven by a rally in gold prices, and currently trades near its 52-week high, with analysts maintaining a “Moderate Buy” rating.