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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 > Up to now
View:
Post by MaterialsMan on Apr 25, 2024 3:39pm

Up to now

It's been a heck of a day for Newmont stock.
The market cap blew through fifty billion. 
Let's trust that it holds on to its gains.
Anyone who is overweight in the gold sector like myself should be very pleased to see gold stocks beginning to respond to the  significant gains in the price of gold.
NEM is a bellweather for the industry.
Comment by ecolo101 on Apr 26, 2024 6:39pm
Take some profit when you can and play the just the profit on any pullback... glta
Comment by ecolo101 on Apr 27, 2024 10:13am
This is only for one major. Others have not been reacting too much so far. i am anxious to see the juniors finally get their ride up.... the inferred gold material already proven is not valued to the current gold price environment. This will change over the next few months. Difficult to predict when it will start but maybe following a pullback and with available cash for the sideline.  ...more  
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