Newmont Corporation – Consensus Indicates Potential 28.8% Upside

Broker Ratings

Newmont Corporation found using ticker (NEM) now have 19 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 104 and 60 calculating the mean target price we have 74.16. Given that the stocks previous close was at 57.56 this is indicating there is a potential upside of 28.8%. The 50 day moving average now sits at 59.19 and the 200 day moving average is 63. The company has a market cap of $45,798m. Find out more information at: http://www.newmont.com

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2020, it had proven and probable gold reserves of 94.2 million ounces and land position of 58,900 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.

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