Newmont Corporation (NEM)
Is Newmont (NEM) a Buy as Wall Street Analysts Look Optimistic?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Newmont: A Safe Bet For My Growth-Heavy Portfolio
Newmont Corporation is a 'Strong Buy' due to its dominant position in gold mining and solid copper exposure, with favorable price forecasts for both metals. The company benefits from operational efficiency, prudent capital allocation, and a strategic portfolio, including the transformative acquisition of Newcrest Mining. Newmont's valuation is attractive, with a forecasted P/E ratio decline and a DCF model suggesting a fair share price of $43.25, indicating 13% upside potential.
Newmont Corporation (NEM) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Newmont (NEM). This makes it worthwhile to examine what the stock has in store.
Why Newmont Corporation (NEM) is a Top Value Stock for the Long-Term
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Newmont Corporation (NEM) Is a Trending Stock: Facts to Know Before Betting on It
Newmont (NEM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Newmont overhauls leadership, streamlines operations amid challenges
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM) has let go of nearly a dozen managers as part of a major corporate restructuring effort, according to Bloomberg. The layoffs include a member of its executive team, Bloomberg reported.
Newmont Stock Skids 30% From Its 52-Week High: Should You Buy the Dip?
While NEM's robust portfolio of projects and a healthy growth trajectory paint a promising picture, its high production costs warrant caution.
Newmont to Sell CC&V to SSR Mining for up to $275 Million
NEM expects gross proceeds of up to $275 million, including a cash consideration of $100 million due at closure.
Newmont: A Promising Turnaround Opportunity
Newmont has underperformed due to operational challenges, but improving efficiency and divesting non-core assets present a significant investment opportunity. Despite high All-in Sustaining Costs (AISC) of $1,600/oz in Q3 2024, Newmont is focused on increasing margins through key project ramp-ups. Barrick and AEM reported lower AISCs, highlighting NEM's current inefficiencies but also its potential for margin improvement.
Newmont Corporation (NEM) is Attracting Investor Attention: Here is What You Should Know
Newmont (NEM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Newmont: 3 Reasons For Upside After Overcorrection
Newmont Corporation's price decline is an opportunity to buy the otherwise strong stock at a discount. While earnings might have fallen short of expectations in Q3 2024, on their own they are robust, and the outlook for the company and gold prices is positive too. NEM's market multiples indicate the possibility of a doubling in price in 2025, though risks to gold prices should be taken into account as well.
Newmont Corporation: Valuation Is Now More Attractive
Newmont Corporation's recent asset divestitures, including the Eleonore mine sale, are part of a strategy to optimize its portfolio and strengthen its capital position. Despite rising operational costs, Newmont's strong cash flow and revenue growth, driven by high gold prices, make it a compelling buy at the current price. Newmont's valuation metrics, including a low P/E and P/CF ratio, suggest the stock is undervalued, presenting a buying opportunity for value-oriented investors.
