Newmont Goldcorp

NGT-T

TSE:NGT

85.62
1.68 (1.92%)
Newmont Goldcorp Corporation, based in Greenwood Village, Colorado, USA, is an American mining company that traces its roots to the diversified holding company William Boyce Thompson established in 1916. Incorporated in 1921, it has active gold mines in Nevada, Australia, Ghana, Peru, and Suriname.
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Analysis and Opinions about NGT-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
August 18, 2020

Stockchase Research Editor: Michael O'Reilly This is a bit of a defensive holding, in the event the market continues to push gold higher -- as many analysts believe could be the case. Gold stocks have rallied as of late with the investment of ABX by Warren Buffet. NMC pays a nice dividend and with a payout ratio of only 14% of cash flow, it should be safe. Cash flow from operations were recently reported up 120% from last year and that goes directly to the bottom line. The recent pullback from highs near $95 is a good opportunity to enter here. Analyst price targets are over $103 -- giving over 15% upside. We would trade this with a $83 stop loss. Yield 1.46% (Analysts’ price target is $103.65)

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Newmont Goldcorp (NGT-T)
August 18, 2020

Stockchase Research Editor: Michael O'Reilly This is a bit of a defensive holding, in the event the market continues to push gold higher -- as many analysts believe could be the case. Gold stocks have rallied as of late with the investment of ABX by Warren Buffet. NMC pays a nice dividend and with a payout ratio of only 14% of cash flow, it should be safe. Cash flow from operations were recently reported up 120% from last year and that goes directly to the bottom line. The recent pullback from highs near $95 is a good opportunity to enter here. Analyst price targets are over $103 -- giving over 15% upside. We would trade this with a $83 stop loss. Yield 1.46% (Analysts’ price target is $103.65)

BUY
BUY
March 2, 2020

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.

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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.

DON'T BUY
DON'T BUY
January 14, 2020
Note: Newmont is dropping Goldcorp from its name. The two merged last year to become a big company now. Newmont are good operators and integrating or selling Goldcorp's weaker mines. She has no exposure to gold, but this isn't bad--it's a large cap not dependent on a single mine, but many. That said, maybe Newmont is too big, and they're still integrating with Goldcorp.
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Newmont Goldcorp (NGT-T)
January 14, 2020
Note: Newmont is dropping Goldcorp from its name. The two merged last year to become a big company now. Newmont are good operators and integrating or selling Goldcorp's weaker mines. She has no exposure to gold, but this isn't bad--it's a large cap not dependent on a single mine, but many. That said, maybe Newmont is too big, and they're still integrating with Goldcorp.
BUY
BUY
January 10, 2020

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.

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Newmont Goldcorp (NGT-T)
January 10, 2020

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.

COMMENT
COMMENT
September 6, 2019
This is going to trade along with gold. If you believe gold will go higher, would be a buyer.
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Newmont Goldcorp (NGT-T)
September 6, 2019
This is going to trade along with gold. If you believe gold will go higher, would be a buyer.
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Newmont Goldcorp(NGT-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

Stockchase rating for Newmont Goldcorp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Newmont Goldcorp(NGT-T) Frequently Asked Questions

What is Newmont Goldcorp stock symbol?

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

Is Newmont Goldcorp a buy or a sell?

In the last year, 3 stock analysts published opinions about NGT-T. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Newmont Goldcorp.

Is Newmont Goldcorp a good investment or a top pick?

Newmont Goldcorp was recommended as a Top Pick by Stockchase Research on 2020-08-18. Read the latest stock experts ratings for Newmont Goldcorp.

Why is Newmont Goldcorp stock dropping?

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.

Is Newmont Goldcorp worth watching?

3 stock analysts on Stockchase covered Newmont Goldcorp In the last year. It is a trending stock that is worth watching.

What is Newmont Goldcorp stock price?

On 2020-09-18, Newmont Goldcorp (NGT-T) stock closed at a price of $85.62.