Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, March 25, 2025 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises Newmont Corporation (“Newmont” or the “Company”) NEM investors of a class action representing investors that bought securities between February 22, 2024 and October 23, 2024, inclusive (the “Class Period”). Newmont investors have until April 1, 2025 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
According to the complaint, on October 23, 2024, Newmont issued a press release reporting disappointing third-quarter 2024 EBITDA results, along with declines in production and rising operating costs. Notably, the company disclosed that mining operations at its two Tier 1 assets would produce less than previously forecasted while incurring higher costs. Following this news, Newmont’s stock price dropped from $57.74 per share at market close on October 23, 2024, to $49.25 per share on October 24, 2024.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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