Bullboard - Stock Discussion Forum Newmont Corporation NEM

Alternate Symbol(s): T.NGT

Metals & Mining Gold

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... see more

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Newmont Corporation > Not included

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Post by MaterialsMan on Apr 09, 2024 7:57am

Not included

NEM responds to fluctuations in the price of gold. No doubt.
In the meantime, silver and copper are going crazy. NEM has exposure to both, especially since Newcrest's contribution will start to show.
If these price increases stick, Newmont should fly once this becomes obvious.
In the meantime, this expected contribution to NEM's bottom line (IMO), is not being factored into the SP.

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