Newmont Mining (NEM)
$64.71 1.61 (2.43%)
19:55 EDT NEM Stock Quote Delayed 30 Minutes
Previous Close $64.71
Market Cap 34.52B
PE Ratio 808.88
Volume (Avg. Vol.) 12.54M
Day's Range 64.54 - 66.79
52-Week Range 33.00 - 72.22
Dividend & Yield 0.50 (0.76%)
NEM Stock Predictions, Articles, and Newmont Mining News
- From InvestorPlace
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While people can take some encouragement from declining coronavirus cases, the economy is still standing on shaky ground. Thus, the narrative for gold stocks to buy is as strong as ever.
Mining stocks are likely to trend higher as global demand gradually recovers. Precious metal mining stocks likely to remain in demand as gold trends higher.
By Ian Cooper
If you have $1,000 to spare at the moment, these are some of the best companies to consider investing in now.
Expansionary monetary policies support gold prices, so gold stocks will continue to trend higher as free cash flows swell.
Precious metals continue to impress, particularly on days where the broader market is falling. Here are the top names to buy.
Buyers are dominating in these breakout stocks. The risk-reward balance is attractive and the trends heavily favor the bulls here.
Profit taking is knocking gold stocks off their perch, but the weakness is temporary. Here's how to buy-the-dip for high probability profits.
If you're bullish on gold, it's hard to be bearish on Newmont Mining. Let's take a closer look at NEM stock to see why it's a buy.
Gold stocks offer many benefits to a portfolio. Here are three of the best reasons why you should buy them now.
Gold price upside means EBITDA margin expansion and free cash flow growth. Production growth will add to growth momentum for KL stock.
It feels like global central banks are on a mission to kill cash. Investors should defend themselves with gold stocks like GLD, GOLD and NEM.
Newmont is riding high following its earnings report earlier this week. Watch it carefully however, as the stock could quickly lose momentum.
Without viable catalysts, NEM stock and the broader gold complex suffered from a long-term consolidation pattern for most of last decade. But now, the fears caused by the novel coronavirus have positively disrupted Newmont and gold miners.
Newmont is a true leader in the gold mining world, and NEM stock is currently untouchable. Investors should buy shares ahead of its Q1 report.
Monday's big stock charts feature names that weathered the storm when the market sentiment was risk-off.
From Market News Video
Investors in Murphy Oil Corp (MUR) saw new options begin trading today, for the November 20th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MUR options chain for the new November 20th contracts and identified one put and one call contract of particular interest.
From Seeking Alpha
From Seeking Alpha
Murphy Oil (MUR +1.7%) is upgraded to Buy from Neutral with a $14 price target at MKM Partners after shares have depreciated 30% since mid-August, reflecting nearly 40% intrinsic value upside.MKM analyst John Gerdes calculates Murphy should generate $220M in free cash flow in 2020, assuming $610M in net capital spending this year including the Kings Quay monetization; assuming a $625M capex plan next year, the company should generate $110M free cash flow in 2021 and total $810M during 2021-25, which is 50%-55% of the company's market capitalization.For Q3, MKM's production expectation of 171.7K boe/day is in the upper half of the company's 164.5K-174.5K boe/day, Gerdes says.
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