On July 30, Newmont Mining rose 3.15% in regular trading, trading at $93.81/share, with turnover of $143 million. The move came as the Federal Reserve's July rate decision landed, with markets pricing in an 89% probability of a 25-basis-point cut, sending gold prices higher and lifting the broader gold sector.

On the company level, Newmont released Q2 earnings on July 23, reporting adjusted EPS of $2.10, up 46.85% year-over-year, and revenue of $6.118 billion, up approximately 30% year-over-year. While both figures came in slightly below consensus estimates, the company reaffirmed its full-year production targets and highlighted cost control progress, with Q3 production expected to remain flat versus Q2. Additionally, a retreat in oil prices has eased prior market concerns over rising Q3 unit costs.

Within the Gold sector, Coeur Mining rose 3.01%, Agnico Eagle Mines rose 2.97%, Barrick Mining Corporation rose 1.57%, Kinross fell 0.37%, and Alamos fell 0.72%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)