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Newmont Corporation NEM

Alternate Symbol(s):  T.NGT

Newmont Corporation is a gold company and producer of copper, zinc, lead, and silver. Its portfolio of assets and prospects is anchored in mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Its African operation is Ahafo. Its Australian operations include Boddington, Cadia, and Tanami. 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 in the Ahafo region, approximately 290 kilometers (km) northwest of Accra, the national capital city. The Boddington mine operates within the Saddleback greenstone belt in Western Australia. Boddington is located 16 km from the rural farming town of Boddington and 130 km from Western Australia’s capital city, Perth.


NYSE:NEM - Post by User

Post by ecolo101on Apr 03, 2024 8:14am
146 Views
Post# 35967080

Gold at $2290 this am

Gold at $2290 this amHopefully we get to the. 200 MA number over the next few days and we build from that point...

we have been lagging behind for too long. Leadership on managing their assets has definitely not rally most of the investors. Some of them put them at a C level on a scale of A to E. A for strong buy.

mine efficiency, cost control, capex spending, cash flow generation, etc.

can we expect them to finally show us a strong quarter to let us know that we could believe a higher stock price a year from now?
Last year  2023 April 2nd stock price was at us$ 52 with gold price at $2026.

your call is a good as mine. $36-37 is way out of reality based on a gold price $250 per oz. Higher

dyodd

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