Center For Asset Management LLC Invests $1.60 Million in Newmont Corporation

The firm purchased 15,991 shares of the basic materials company's stock in the 4th quarter.

Apr. 8, 2026 at 8:36am

An extreme close-up of gleaming, industrial gold mining machinery and equipment, representing the tangible financial security and banking power of the mining sector.An institutional investment in Newmont Corporation signals ongoing confidence in the gold mining industry's infrastructure and operational capabilities.Greenwood Village Today

Center For Asset Management LLC purchased a new position in shares of Newmont Corporation (NYSE:NEM) in the 4th quarter, according to the company's most recent 13F filing with the SEC. The firm purchased 15,991 shares of the basic materials company's stock, valued at approximately $1,597,000.

Why it matters

This investment by Center For Asset Management LLC in Newmont Corporation, a leading global gold mining company, reflects continued institutional investor interest and confidence in the firm's long-term growth prospects amid rising gold prices and industry momentum.

The details

Center For Asset Management LLC purchased the new position in Newmont Corporation during the fourth quarter. The firm acquired 15,991 shares of the basic materials company's stock, valued at approximately $1,597,000.

  • Center For Asset Management LLC made the investment in the 4th quarter of 2026.

The players

Center For Asset Management LLC

An investment management firm that purchased a new position in Newmont Corporation.

Newmont Corporation

A leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties.

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The takeaway

This investment by Center For Asset Management LLC in Newmont Corporation reflects continued institutional confidence in the gold mining company's long-term growth potential, driven by factors like rising gold prices and positive industry trends.