AustralianSuper Pty Ltd significantly increased its stake in Newmont Corporation (NYSE:NEM), boosting its holdings by 124.8% to own 330,250 shares valued at $27.843 million. This comes as other institutional investors also adjusted their positions in the gold mining company. Newmont recently reported strong quarterly earnings, beating analyst expectations, and increased its quarterly dividend.
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Newmont Corporation $NEM Shares Acquired by AustralianSuper Pty Ltd
AustralianSuper Pty Ltd significantly increased its stake in Newmont Corporation (NYSE:NEM), boosting its holdings by 124.8% to own 330,250 shares valued at $27.843 million. This comes as other institutional investors also adjusted their positions in the gold mining company. Newmont recently reported strong quarterly earnings, beating analyst expectations, and increased its quarterly dividend.