RE:And if you think....I can hear the short sellers looking at Newmont share price and licking their chops thinking there's gotta be a short trade there. And I say go ahead and give it a try but, expect to get your a$$es handed to you...LOL.
Warning to shorters...Newmont is guiding to produce 8 million ounces of gold in 2025 and their AISC guidance in 2024 is about $1450 US an ounce.
Here I'll help you with a little math...thats 8,000,000 x $900 US margin = $7,200,000,000 (yes that's billions!). So Morningstar's price targets aren't just pie in the sky. But hey what do I know? LOL
HB77