NYSE:NEM

Newmont Mining (US) (NEM)

123.07
-3.74 (2.95%)
as of Sep 14, 2026, 8:00:00 pm Market Open.
93 watching
0
COMMENT

Model prices $28.18. Gold stocks are very hard to predict. As the price of the SPDR Gold ETF (GLD-N) goes down, the pressure on gold stocks is enormous.

COMMENT

It is possible that gold could go down even further. If you are considering this, consider doing a partial Buy now followed by more in the months to come. (See Top Picks.)

PAST TOP PICK

(Top Pick Sep 29/11, Down 7.76%) Still a strong buy, now that dividends are linked to gold price. Reasonable yield and direct link to underlying commodity.

HOLD
Do you think they would ever mine diamonds in the FALC property? Most of the major miners I getting out of diamond mining. This is an okay name. Pays a decent dividend yield, linked to the price of gold, 2.8%. There is no growth for the next year or 2.
COMMENT
Have a newish CEO who has been credited with improving the operational execution. It also brought on some Asian/Pacific assets to complement their core Nevada assets. Has also benefit because of being one of the few large and liquid gold equities available. Prefers Goldcorp (G-T), which is more expensive but has better growth prospects.
TOP PICK
Have linked their dividend to the price of gold. Dividend has gone up 100% over the last year. 2nd largest gold stock in North America. You get direct exposure to the price of gold through their dividend policy.
WAIT
Moves with rare earths, whose price has been declining. It is one of the better players. A sustainable model. They can do well in a normal environment. Let this one settle before buying it.
DON'T BUY
Mining sector has held in quite well in spite of market concerns. Gold companies have all lagged bullion. It is a reasonable assumption that they will catch up but, the price of gold, is so far above its marginal costs that if things change, bullion could be adversely affected which would feed down to mining companies. He would lean more towards oil at this time.
TOP PICK
They link their dividends to the gold price. Just raised it 50% on 2nd quarter numbers. Currently 2.2% yield. Well run and conservatively managed. If gold stocks covered to take off, this will be one of the first.
COMMENT
Hasn't been a great performer. Have ties to consumer electronics with its rare earth metals zirconium businesses as well as its neo-powders for magnets. Over $41 million US in cash. Earnings estimates have been coming up nicely. He tends not to play these businesses because of a lack of long-term value creation.
TOP PICK
One of the biggest global gold companies. Likes the outlook for gold for now. Mining stocks in general have lagged the commodity and he is expecting a catch-up. Very high assets and situated in safe countries.
DON'T BUY
Gold. Has not been a very good performer. There have been production and exploration issues. If you are a new investor, buy the ETF’s (XGD-T) or (GLD-N) which are pure plays on gold.
PAST TOP PICK
(A Top Short Put Dec 4/06.) Collected his Put premium and the Puts expired worthless. Didn't own the stock so he was ahead by the premium. Likes the stock here.
BUY
All portfolios should have some gold representation. Longer-term outlook for gold is good. This one has the best properties of any gold stock in the world. Has had some operational snafus lately, but hopefully those are behind them.
TOP PICK
Likes the gold sector. Fundamentally very strong. On a technical basis, it is in a “cup and handle” pattern. Very strong. Has been using Puts on this one.
Showing 31 to 45 of 85 entries