Newmont has twice been a big winner for me. My investment thesis has fallen apart. I share how and why I sold my NEM shares.
From a technical perspective, Newmont Corporation (NEM) is looking like an interesting pick, as it just reached a key level of support. NEM recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
Newmont Corporation (NEM) closed at $57.61 in the latest trading session, marking a -4.24% move from the prior day.
U.S. equities were slightly lower at midday as the market weighed the potential impact of the latest Trump administration tariffs. The Dow Jones Industrials Average slipped 0.2%, and the S&P 500 and Nasdaq were down marginally.
Zacks.com users have recently been watching Newmont (NEM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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Newmont (NEM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Newmont Corporation (NEM) concluded the recent trading session at $58.26, signifying a +2.64% move from its prior day's close.
Newmont: The Most Mispriced Large-Cap Stock In The Gold Mining Industry
Investors interested in Mining - Gold stocks are likely familiar with Newmont Corporation (NEM) and Triple Flag Precious Metals (TFPM). But which of these two stocks offers value investors a better bang for their buck right now?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.