RE:RE:RE:RE:Pop on close Underwriters for Newmont/Franco Nevada deal were BMO Nesbitt Burns Underwriters for Newmonts Yanachoa mine in Peru were BMO Nesbitt Burns | Jun 20, 2022 3:59 PM | 2.15 | - | - | 1,500 | TSX | BMO Nesbitt Burns Inc. | |
| Jun 20, 2022 3:59 PM | 2.15 | - | - | 1,200 | TSX | BMO Nesbitt Burns Inc. | |
| Jun 20, 2022 3:59 PM | 2.15 | 0.06 | 2.871 | 2,000 | TSX | BMO Nesbitt Burns Inc. | |
| Jun 20, 2022 3:59 PM | 2.09 | 0.01 | 0.481 | 1,200 | TSX | BMO Nesbitt Burns Inc. | |
| Jun 20, 2022 3:59 PM | 2.08 | 0.01 | 0.483 | 1,200 | TSX | BMO Nesbitt Burns Inc. | |
| Jun 20, 2022 3:59 PM | 2.07 | 0.02 | 0.976 | 800 | TSX | BMO Nesbitt Burns Inc. | |
| Jun 20, 2022 3:59 PM | 2.05 | - | - | 1,400 | TSX | BMO Nesbitt Burns Inc. | |
| Jun 20, 2022 3:59 PM | 2.05 | - | - | 100 | TSX | CIBC World Markets Inc. | |
| Jun 20, 2022 3:59 PM | 2.05 | 0.01 | 0.49 | 200 | TSX | CIBC World Markets Inc. | |
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| Jun 20, 2022 3:59 PM | 2.04 |
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800 Anonymous
Jun 20, 2022 3:59 PM 2.04 0.010.493100 TSX Anonymous
Jun 20, 2022 3:59 PM 2.03 100 TSX Anonymous
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Jun 20, 2022 3:59 PM 2.03 300 TSX Anonymous
Jun 20, 2022 3:59 PM 2.03 800 TSX Anonymous
Jun 20, 2022 3:59 PM 2.03 900 TSX Anonymous
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Jun 20, 2022 3:59 PM 2.03 100 TSX Anonymous
Jun 20, 2022 3:59 PM 2.03 500 TSX Anonymous
Jun 20, 2022 3:59 PM 2.03 500 TSX Anonymous
Jun 20, 2022 3:59 PM 2.03 0.020.995100 TSX Anonymous
Jun 20, 2022 3:56 PM 2.01 900 TSX Anonymous
| Jun 20, 2022 3:56 PM | 2.01 | 0.01 | 0.50 | 400 | TSX | Anonymous |
| Jun 20, 2022 3:44 PM | 2.00 | - | - | 500 | TSX | Anonymous |
Finally this;
In a May 11 research note, BMO Capital Markets analyst Jackie Przybylowski reported that the key takeaway from Newmont Corp.'s (NEM:NYSE) recent virtual roundtable for sellside analysts is that the company offers investors "stable and predictable operations and cash flows."
"We continue to believe Newmont will be a go-to investment for predictable, low-risk, and liquid exposure to the gold sector, which could be topical on growing inflation expectations," Przybylowski wrote.
The analyst explained how the gold producer will be able to achieve these operational and financial ends.
First, Newmont plans to keep annual spending stable by staggering construction of mega and large projects. In doing so, it will maintain enough cash flow to keep paying out a dividend.
Second, the Denver-based miner will continue advancing its various projects and currently has a plethora of catalysts on the horizon. These include "full funds decisions" on Ahafo North and Yanacocha Sulfides projects; management indicated it believes Peru will continue its supportive stance on mining. Also in the future for Newmont are the ramp-up of the Subika underground mine; operations optimization at Musselwhite, lonore and Cerro Negro; and life-of-mine extensions at Porcupine, lonore, Cerro Negro and Peasquito.
Third, Newmont will capitalize on the growth potential in its project pipeline. With the transaction closing expected this month, the company will add GT Gold's roughly US$1 billion Tatogga project to its portfolio. Tatogga is of a size that Newmont can manage alone. Also, the gold company has the Coffee project in the Yukon that it can advance.
Przybylowski pointed out that Newmont plans to concentrate on furthering its own projects rather than acquiring additional ones; however, it will continue to investigate and consider prospective opportunities. "Newmont does not plan to bid to acquire Barrick on the July expiry of the standstill agreement," the analyst wrote.
While Newmont's overall strategy may seem "boring," Przybylowski highlights, in actuality it is not because the market "appreciates a disciplined and stable approach to the business." Also, the company has shown it to be effective, as this year it has garnered additional investor interest from generalists. They consider Newmont a "value" and/or "yield" stock, given its greater than 3% dividend expected by year-end 2021.
BMO maintains its Outperform rating and $85 per share target price on Newmont. Its current share price is about US$70.78.
Just maybe Anonymous is Rio Tinto nibbling on the open market and Newmont caught on. Nobody wants to nibble big yet as they are testing the situation out. This could just possibly pre-bidding war behavior.