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Stock impact report

A Look At Newmont (NEM) Valuation As Geopolitics And Rate Expectations Pressure Gold Miners [Yahoo! Finance]

Newmont Corporation (NEM) 
Last newmont corporation earnings: 2/20 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
Escalating conflict with Iran, oil market tensions, and expectations for higher global interest rates have coincided with weaker gold prices and have pressured Newmont (NEM), along with other major gold miners, in recent trading. See our latest analysis for Newmont. Recent geopolitical headlines have arrived during a weak patch for the stock, with a 7 day share price return showing a 10.94% decline and a 30 day share price return showing a 19.64% decline. However, the 1 year total shareholder return of 112.34% and 3 year total shareholder return of 119.13% point to strong longer term gains off a lower base. If this volatility has you looking across the precious metals space, it could be a useful moment to scan other producers using our screener of 28 elite gold producer stocks With Newmont trading at $98.14, showing a small intrinsic discount and a wider gap to analyst targets, the key question is whether recent geopolitical and rate worries have pushed the shares below fair Show less Read more
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