NEWMONT DECLINES 2.8%, SIBANYE STILLWATER DROPS 3.9%, BARRICK MINING FALLS 2.6%, HARMONY GOLD SLIPS 3%
Written by Emily J. Thompson, Senior Investment Analyst
Source: moomoo
Updated: 4 days ago
0mins
Source: moomoo
Economic Decline: Various sectors are experiencing a downturn, with notable decreases in Newmont (2.8%), Sibanye Stillwater (3.9%), and Barrick Mining (2.6%).
Gold Sector Impact: Harmony Gold has also reported a decline of 3%, indicating a broader trend affecting the gold mining industry.
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Sign upAnalyst Views on ABX
Wall Street analysts forecast ABX stock price to rise
Wall Street analysts forecast ABX stock price to rise
Current: 8.340

Current: 8.340

About ABX
Abacus Global Management, Inc. is a financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. The Company’s segments include Asset Management, Life Solutions and Technology Services. The Asset Management segment provides asset management services to primarily institutional investors alongside private clients investing in uncorrelated and longevity-based assets, fixed-income replacement strategies and free cash flow based investment solutions. It also provides policy servicing activities to customers on a contract basis. The Life Solutions segment is engaged in buying, selling, and trading policies, and maintaining policies until receipt of death benefits. The Technology Services segment provides real-time mortality verification, missing participant verification, and other services specific to the life insurance market services to customers on a contract basis.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
SPDR Gold Shares ETF Drops by 2.1%
- Market Performance: Gold shares have experienced a decline of 2.1%.
- Investor Sentiment: The decrease in gold shares may reflect changing investor confidence in the market.
Kinross Gold Declines 2.7%, AngloGold Ashanti Drops 3.2%, Gold Fields Decreases by 3%
Kinross Gold Decline: Kinross Gold's stock has decreased by 2.7%.
AngloGold Ashanti Drop: AngloGold Ashanti's shares have fallen by 3.2%.
Gold Fields Decrease: Gold Fields has experienced a decline of 3% in its stock value.
Overall Market Trend: The gold mining sector is facing a downward trend in stock prices.
U.S. GOLD MINER STOCKS DROP IN PREMARKET TRADING AS GOLD PRICES FALL OVER 1%
- Market Impact: U.S. listed shares of gold miners have experienced a decline in pre-market trading.
- Gold Prices: This drop in shares coincides with a more than 1% decrease in gold prices.
NEWMONT DECLINES 2.8%, SIBANYE STILLWATER DROPS 3.9%, BARRICK MINING FALLS 2.6%, HARMONY GOLD SLIPS 3%
Economic Decline: Various sectors are experiencing a downturn, with notable decreases in Newmont (2.8%), Sibanye Stillwater (3.9%), and Barrick Mining (2.6%).
Gold Sector Impact: Harmony Gold has also reported a decline of 3%, indicating a broader trend affecting the gold mining industry.
SPDR Gold Shares ETF Rises by 3.8%
- Stock Performance: Gold shares have advanced by 3.8%, indicating a positive trend in the market.
- Market Analysis: The increase in gold shares reflects investor confidence and potential growth in the sector.
Kinross Gold Rises 4.7%, AngloGold Ashanti Increases by 4.4%
Kinross Gold Performance: Kinross Gold's stock has increased by 4.7%, indicating a positive market response.
AngloGold Ashanti Update: AngloGold Ashanti has also seen a rise in its stock, with an increase of 4.4%.