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 > Barrick’s EV/EBITDA dropped to 6.56x this week

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Post by sdhaka on Sep 11, 2024 2:35pm

Barrick’s EV/EBITDA dropped to 6.56x this week

Barrick’s EV/EBITDA dropped to 6.56x this week, reflecting the overall downturn in gold producer valuations. With gold hovering near $2k/oz, these lowered multiples could present an opportunity for value investors. Watch for market stabilization.

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