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Newmont Corporation NEM

Alternate Symbol(s):  T.NGT

Newmont Corporation is a gold company and a producer of copper, zinc, lead, and silver. The Company’s portfolio of assets and prospects is anchored in mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Its African operations include Ahafo and Akyem. Its Australian operations include Boddington, Cadia, Tanami and Telfer. Its Latin America and Caribbean (LATAC) operations include Cerro Negro, Merian, Penasquito, Pueblo Viejo JV and Yanacocha. Its North American projects include Brucejack, Cripple Creek & Victor, Eleonore, Musselwhite, Nevada Gold Mines JV, Porcupine and Red Chris. Its Papua New Guinea projects include Lihir. Its Ahafo mine is located in the Ahafo region, approximately 290 kilometers (km) northwest of Accra, Ghana. Boddington is located 130 km southeast of Perth in Western Australia and its project area comprises over 52,506 acres (21,249 hectares) of mining tenure leased from the State of Western Australia.


NYSE:NEM - Post by User

Post by ecolo101on Apr 16, 2024 9:48am
82 Views
Post# 35991299

Three years trend

Three years trend

The past never indicates future trend ahead . We are in a little gold mania currently and NEM has no traction to go toward three year ago $60 ish level. 

As discussed on this board by others the $40 ish level seems very difficult to cross. We are probably in the non disclosure two weeks ahead of Q1...

there is no indication that the results will be better than analyst's predictions. We can see this on the SP going lower although gold price is up.

let's hope management will be presenting a better overall view on accomplishments versus what next quarter will bring with higher gold price.

We need some positive actions.

dyodd
glta


 

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