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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, prospects is anchored in mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Its African operations is Ahafo. Its Australian operations include Boddington, Cadia, Tanami and Telfer. 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 16, 2024 9:48am
109 Views
Post# 35991299

Three years trend

Three years trend

The past never indicates future trend ahead . We are in a little gold mania currently and NEM has no traction to go toward three year ago $60 ish level. 

As discussed on this board by others the $40 ish level seems very difficult to cross. We are probably in the non disclosure two weeks ahead of Q1...

there is no indication that the results will be better than analyst's predictions. We can see this on the SP going lower although gold price is up.

let's hope management will be presenting a better overall view on accomplishments versus what next quarter will bring with higher gold price.

We need some positive actions.

dyodd
glta


 

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