Newmont Plans to Delist from the Toronto Stock Exchange Voluntarily
Newmont's Delisting from TSX: Newmont Corporation has applied for a voluntary delisting of its shares from the Toronto Stock Exchange (TSX) due to low trading volumes, which is expected to take effect around September 24, 2025. The company aims to improve administrative efficiency and reduce costs for shareholders.
Continued Listings on Other Exchanges: Despite the delisting from TSX, Newmont will maintain its primary listing on the New York Stock Exchange (NYSE) and continue to support listings on the Australian Securities Exchange (ASX) and the Papua New Guinea Stock Exchange (PNGX), allowing shareholders to trade under the symbol "NEM".
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Market Trends: The market is experiencing a pullback, creating opportunities for contrarian investors as many individual stocks are down significantly, suggesting a potential for selective buying strategies.
Investment Strategies: Jeff Clark emphasizes the importance of identifying oversold stocks and sectors, particularly in software and grocery chains, while advising caution against popular trades like gold mining stocks.
Bitcoin Sentiment: Current bearish sentiment around Bitcoin contrasts sharply with previous bullish trends, with Clark suggesting that today's prices may be more attractive for investment compared to past highs.
Contrarian Opportunities: Clark highlights that emotional market conditions often present unique investment opportunities, particularly in sectors that are currently undervalued or overlooked.
- Strong Market Performance: Newmont Corporation (NYSE:NEM) saw its stock price surge by 168% in 2025, reflecting a significant increase in gold prices last year, showcasing its robust performance in the gold mining sector, although competitors like Agnico Eagle Mines also performed well.
- Investment Recommendations: While Cramer considers Newmont a solid investment choice, he expresses a preference for Agnico Eagle Mines, indicating that investors have multiple options in the gold market, which has shown overall strong performance.
- Industry Potential: Cramer highlights the excellent performance of the gold sector over the past year, suggesting that investments in this area carry relatively low risk, especially with the ongoing rise in gold prices, further solidifying Newmont's market position.
- AI Stock Comparison: Despite Newmont's impressive performance, the article notes that certain AI stocks may offer greater upside potential and lower downside risk, prompting investors to consider a diversified investment portfolio when making choices.

Software Stock Slump: The recent decline in software stocks has raised concerns among investors, reflecting broader market volatility.
Bitcoin's Winter Meltdown: Bitcoin continues to experience significant downturns, contributing to a challenging environment for cryptocurrency investors.
Dollar's Ongoing Malaise: The U.S. dollar is facing persistent weakness, impacting global trade and investment strategies.
Memification of Precious Metals: Precious metals are becoming increasingly popular in meme culture, indicating a shift in how these assets are perceived and traded.
- Investment Structure Differences: The Sprott Gold Miners ETF (SGDM) focuses on 40 gold mining companies, while the SPDR Gold ETF (GLD) directly tracks the price of physical gold, resulting in significant differences in risk, returns, and trading characteristics that affect investor choices.
- Costs and Returns: SGDM has an expense ratio of 0.50% compared to GLD's 0.40%, and while GLD is more appealing in terms of costs, SGDM's one-year return of 147.1% far exceeds GLD's 72.9%, indicating its potential for higher gains during rising gold prices.
- Risk and Volatility: SGDM's maximum drawdown stands at -45.05%, while GLD's is -21.03%, suggesting that SGDM's portfolio bears greater risk during market fluctuations, making it suitable for investors with a higher risk tolerance.
- Liquidity and Market Performance: GLD, as one of the most liquid ETFs globally with over $173 billion in assets under management, has negligible trading friction, whereas SGDM's liquidity is relatively lower, appealing to investors seeking direct exposure to gold.
- Stock Price Decline: Newmont Corporation's shares have dropped 5.5% as of Thursday morning, marking the second consecutive day of declines, with a total decrease of 16.5% since reaching an all-time high of $132 on January 28, indicating a clear downward trend.
- Plummeting Gold and Silver Prices: Gold prices fell from $5,419.80 per ounce on January 28 to $4,660 by Monday, while silver prices dropped from $116.58 to $79.21, currently at $74.89, directly impacting Newmont's profitability.
- Market Reaction Analysis: While the market anticipates that falling gold and silver prices will affect Newmont's stock, analysts note that the stock trades at 18 times trailing earnings, with expected earnings growth of 38% this year, suggesting investment potential.
- Investment Potential Assessment: With a PEG ratio of 0.5, Newmont's stock appears undervalued at current prices, and analysts generally view it as a buying opportunity, despite short-term price pressures.










