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Perseus Mining Limited press release

Newmont Corporation (NEM) Shareholders May Have Been Affected by Fraud - Levi & Korsinsky Investigates

TSX - Toronto Stock Exchange · Gold · Australia

NEW YORK, NY / ACCESS Newswire / January 29, 2025 /Levi & Korsinsky notifies investors that it has commenced an investigation of Newmont Corporation ("Newmont Corporation") (NYSE:NEM) concerning possible violations of federal securities laws.

On October 23, 2024, Newmont reported 3Q 2024 earnings that fell below expectations, as well as rising operational costs. Management attributed the increase in costs to contractor inflation and sustaining capital expenditures. Analysts expressed concern at the Company's sudden change to its 2024 cost guidance.

Following this news, NEM's stock price fell by $8.49 per share, or approximately 15% to close at $49.25 per share. To obtain additional information, go to:

https://zlk.com/pslra-1/newmont-corporation-lawsuit-submission-form?prid=125697&wire=1

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.comor by telephone at (212)363-7500.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. Ed Korsinsky, Esq. 33 Whitehall Street, 17th Floor New York, NY 10004 jlevi@levikorsinsky.com Tel: (212)363-7500 Fax: (212)363-7171 https://zlk.com/

SOURCE: Levi & Korsinsky, LLP

View the original press releaseon ACCESS Newswire

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