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Bullboard - Stock Discussion Forum 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... see more

NYSE:NEM - Post Discussion

Newmont Corporation > Analysts believe NEM and GOLD have higher upside potential!
View:
Post by JasleenDhaka on Mar 07, 2023 3:34pm

Analysts believe NEM and GOLD have higher upside potential!

Highlights from the recent report:
 

  • 2022 wasn't kind to Newmont and Barrick's EPS, but there's light at the end of the tunnel.
 
  • Newmont's EPS exceeded expectations by 15%, while Barrick's came in 11% lower.
 
  • Cash costs were up 19% YoY but in line with our analyst's estimates.
 
  • Barrick anticipates a 5% production increase this year, while Newmont maintains production.
 
Discover fair value estimates for Barrick and Newmont in the complete report: https://www.researchfrc.com/senior-gold-producers-newmont-corporation-nyse-nem-barrick-gold-nyse-gold-expecting-a-pullback-prior-to-a-rally/

*FRC provides issuer-paid coverage.
*Past performance is not indicative of future results.
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