Assessing Newmont (NEM) Valuation After Upgrades And A Strong Year For Gold And Earnings
Multiple banks have turned more positive on Newmont (NEM) after a stretch of earnings beats, a leadership change, and stronger gold prices, drawing fresh attention to the miner’s recent share performance. See our latest analysis for Newmont. The share price has pulled back 9.14% over the last week after a strong run, yet its 90 day share price return of 24.31% and very large 1 year total shareholder return of about 2.8x suggest momentum has been building around earnings surprises, higher gold...
Multiple banks have turned more positive on Newmont (NEM) after a stretch of earnings beats, a leadership change, and stronger gold prices, drawing fresh attention to the miner’s recent share performance. See our latest analysis for Newmont. The share price has pulled back 9.14% over the last week after a strong run, yet its 90 day share price return of 24.31% and very large 1 year total shareholder return of about 2.8x suggest momentum has been building around earnings surprises, higher gold...