Someone with a lot of money is betting that the price of Newmont, a big company that digs up gold, will go down. They are using something called "options" to make this bet. Options are a way to buy or sell something at a certain price in the future. Read from source...

- The article does not provide any explanation of why the author believes that whales are bearish on Newmont.
- The article uses vague terms such as "noticeably bearish stance" and "targeting a price range" without providing any concrete evidence or analysis.
- The article cites options history for Newmont NEM, but does not explain how this data supports the author's bearish claim.
- The article mentions specific trades and their details, but does not analyze how these trades affect the overall market sentiment or the company's performance.
- The article includes a paragraph about Newmont's business and market position, but does not explain how these factors influence the whales' bearish outlook.
- The article presents expert opinions on Newmont, but does not compare or contrast them with the author's claim or provide any evaluation of their credibility or reliability.
- The article ends with a promotion for Benzinga Pro, which is irrelevant to the main topic and seems to be an attempt to generate revenue from the readers.

Neutral
Article's Tone (positive, negative, neutral): Neutral

"Newmont"
Newmont is a leading gold miner and has been expanding its operations through acquisitions and joint ventures. The company is expected to produce 6.9 million ounces of gold in 2024, with additional byproducts such as copper, silver, zinc, and lead. The stock is currently trading at $48.84, with a market cap of $58.25 billion.
Options activity suggests a bearish stance on the stock, with 63% of investors opening trades with bearish expectations. The options history shows that whales have been targeting a price range from $25.0 to $60.0 for Newmont over the last 3 months.
Expert opinions on Newmont are mixed, with an average price target of $57.333333333333336. Analysts from CIBC, Jefferies, and BMO Capital have different opinions on the stock, with ratings ranging from Outperform to Buy.
Investment risk and recommendation: Newmont is a risky investment due to the volatility of the gold market and the company's expansion plans. Investors should monitor the company's financial performance and operational updates closely. A possible investment strategy could be to buy a small position in Newmont at current prices and monitor the stock's performance for potential entry or exit points.