Mark C. Rodgers, MD, who serves as Newmont Corp’s executive for Africa-Asia Pacific, sold 1,361 shares of the company’s common stock on March 3, 2026, at a per-share price of $120.78. The disposition generated proceeds of $164,381 and was carried out under a Rule 10b5-1 trading plan that Rodgers established on November 24, 2025.
Following the sale, Rodgers’ direct holdings in Newmont total 25,756 shares. The transaction comes as Newmont stock has climbed 176% over the last 12 months and was trading at $119.37 at the time the figures were reported. The company’s market capitalization stood at $129.67 billion.
Market intelligence from InvestingPro indicates that Newmont appears undervalued at current levels and highlights 16 additional ProTips for the ticker NEM. Among the platform’s metrics called out are Newmont’s 56-year streak of dividend payments and a Piotroski Score of 9.
Investor attention to Newmont is heightened by a string of recent analyst actions and company metrics. JPMorgan has initiated coverage on Newmont with an overweight rating, putting forward a forecast of a 5% compound annual growth rate in production and projecting an EBITDA margin of around 67% by fiscal 2029.
Bernstein has moved Newmont’s rating up to Outperform from Market Perform, reflecting a favorable stance on gold and the stock’s sensitivity to gold price movements. In contrast, BMO Capital has cut its price target to $140 from $145, pointing to a mixed fourth-quarter outlook that includes elevated costs and a year-over-year production decline of 7%.
Separately, Newmont’s contained gold in reserves and resources has decreased by approximately 12%. These operational and resource metrics, together with the analyst commentary, arrive against a backdrop of fluctuating gold prices that have been influenced by recent U.S. labor data and geopolitical tensions.
Summary of the transaction and context:
- Sale: 1,361 shares on March 3, 2026, at $120.78 per share - proceeds $164,381.
- Post-sale ownership: Rodgers holds 25,756 shares directly.
- Trading backdrop: Newmont up 176% over the past year; trading at $119.37; market cap $129.67 billion.