Newmont Corporation NEM

Alternate Symbol(s): T.NGT

Metals & Mining Gold

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

Newmont Corporation

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Post by ecolo101on Jun 22, 2024 9:58pm

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Post# 36101990

2016 level

I am so surprised that we are at Stock Price 2016 level....
with gold at a peak and we should see a little retreat from here until the next leg up, the management is happy with current stock price level. How can they do a better job? Generating more cash flow.
they cut back dividend and stock price to remain in this level for a while.
will wait for the next pullback before getting back in.
I like it but now is not the time.
Dyodd
glta

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