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Stock impact report

Assessing Newmont (NEM) Valuation After Upgrades And A Strong Year For Gold And Earnings [Yahoo! Finance]

Newmont Corporation (NEM) 
Last newmont corporation earnings: 2/20 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
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 prices, and the new CEO's agenda. If you are looking beyond a single gold producer, this could be a good moment to see what else is moving in the sector with our 28 elite gold producer stocks screener. With Newmont up about 2.8x over the past year and trading around a 20% discount to the average analyst price target, the key question now is simple: is there still value on the table, or is the market already pricing in the next leg of growth? Most Popular Narrative: 127.7% Overvalued Show less Read more
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