ABX-T owns the majority of the joint venture and NGT-T owns about 40%. This is a deal that should have happened a long time ago. You had all these ounces that could be treated at a plant next door but you could not do that and it was not economic to do so at another plant. It shows some sanity to generalist investors. ABX-T did the best out of it.
Gold picks? He predicted gold would breakout and it has. Gold is way above its 20-day moving average. Interest rates are low, and there are many geopolitical problems, both of which are tailwinds. Gold is your friend. Agnico-Eagle and Newmont are the best picks, and he is adding on weakness. Gold is the place to be now, in a bull market.
Newmont Goldcorp is a Canadian stock, trading under the symbol NGT-T on the Toronto Stock Exchange (NGT-CT). It is usually referred to as TSX:NGT or NGT-T
In the last year, 4 stock analysts published opinions about NGT-T. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Newmont Goldcorp.
Newmont Goldcorp was recommended as a Top Pick by on . Read the latest stock experts ratings for Newmont Goldcorp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Newmont Goldcorp In the last year. It is a trending stock that is worth watching.
On 2023-03-24, Newmont Goldcorp (NGT-T) stock closed at a price of $66.63.