Buy, Sell or Hold: Newmont Mining (US) (NEM-N) — Stock Predictions at Stockchase

NYSE:NEM

65.45

0.20 (0.31%) 1d

Showing 1 to 15 of 74 entries

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PAST TOP PICK

(A Top Pick Oct 26/21, Up 22.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NEM has triggered its stop at $70.50. To remain disciplined we recommend covering the position at this time. This will result in a net investment gain of 15%, when combined with the previous buy recommendations.

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PAST TOP PICK

(A Top Pick Oct 26/21, Up 31.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NEM is progressing well. We now recommend trailing up the stop (from $62.50) to $70.50.

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PAST TOP PICK

(A Top Pick Oct 26/21, Up 26.6%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with NEM has achieved its $73 target. To remain disciplined, we recommend covering half the position and trailing up the stop (from $57.50) to $62.50.

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TOP PICK

The gold sector is breaking out driven by inflation. Newmont is the largest gold producer with over 6 million ounces per year. It has 8 world class assets and 2 new emerging assets in mostly low risk political environments. It is good for income with a 3% dividend and strong dividend growth ahead. Some inflation protection is built in. Buy 11, Hold 12, Sell 0.

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PAST TOP PICK

(A Top Pick Oct 26/21, Up 9.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NEM is progressing well. We now recommend trailing up the stop (from $52.00) to $57.50.

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TOP PICK

Stockchase Research Editor: Michael O'Reilly We reiterate NEM as a good defensive holding and TOP PICK. It is well funded, with a high level dividend. It offers inflation protection and market uncertainty protection. As a miner, primarily of gold, with reserves over 94 million ounces, it checks a lot of boxes. Trading at 18x earnings, it is cheaper than its peers at 26x. Its dividend (which has tripled over the past three years) is backed by a payout ratio expected to be under 60% of next year earnings. Earnings will be reported later this week. We would buy this with a stop loss at $52, looking to achieve $73 -- upside exceeding 25%. Yield 3.56% (Analysts’ price target is $72.90)

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DON'T BUY

Likes it, but buy Barrick instead. The gold stocks as a whole are hot.

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TOP PICK

Stockchase Research Editor: Michael O'Reilly NEM is a good defensive holding -- a well funded, high level dividend; inflation protection; and market uncertainty protection. As a miner, primarily of gold, with reserves over 94 million ounces, it checks a lot of boxes. Trading at 20x earnings, it is cheaper than its peers at 26x. Over 75% of the shares are held by large institutions, giving it more staying power. Its dividend is backed by a payout ratio of 57%. We would buy this with a stop loss at $52, looking to achieve $80 -- upside exceeding 23%. Yield 3.56% (Analysts’ price target is $72.91)

precious metals

BUY

The USD and gold price The debt clock in Times Square will hit $30 trillion in a couple weeks. If you can't get bearish on the USD with that, he doesn't what will. He was wrong--he thought the USD would continue to slide since last fall into this spring, but it's obviously bounce--but the bounce is temporary, he thinks. The dollar will continue to fall, which will benefit metals. He didn't think gold would fall down here, either, but at least gold has held the low of June 2020. In this space, Newmont around $57 off last summer's $70 looks interesting.

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PAST TOP PICK

(A Top Pick Jul 11/19, Up 61%) He has been bullish on the golds for some while and thinks you should hold a minimum of 20% in your portfolio. He continues to hold his gold stocks and they are now running close to 40% of his portfolio. He is letting them run as they have miles to go.

precious metals

TOP PICK

He is not a gold bug but there is a time to own golds. It makes sense due to all the monetary stimulus and all the money printing around the world. They just raised their dividend 78%. They are about to start a new mine in Mexico. 90% of their production is up and running. It continues to be an under-owned group. (Analysts’ price target is $64.63)

precious metals

PAST TOP PICK

(A Top Pick Aug 20/18, Up 3.75%) Used to be Goldcorp, which got bought out. If you're bullish on gold, your best leverage is in the stocks. Bullion is a lot more stable, but if you're in gold stocks, you're in it for the fun and the gains.

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TOP PICK

Likes the golds, and likes this one. (Analysts’ price target is $42.76)

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BUY

Resistance is at $36.75, but he expects it to breakout to the mid-$40's. Looks pretty good, and all indicators point upward. The USD is the linchpin; if the USD pushes up, gold goes back down. But he's bullish gold.

precious metals

PAST TOP PICK

(Top Pick Oct 26/15, Up 91.64%) For three years in a row they killed gold stocks. It worked out fabulously well. It went up to EBV +3, where they trimmed their position. There is a 13% downside to his model price.

precious metals

Showing 1 to 15 of 74 entries

Newmont Mining (US)(NEM-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 5

Stockchase rating for Newmont Mining (US) 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 Mining (US)(NEM-N) Frequently Asked Questions

What is Newmont Mining (US) stock symbol?

Newmont Mining (US) is a American stock, trading under the symbol NEM-N on the New York Stock Exchange (NEM). It is usually referred to as NYSE:NEM or NEM-N

Is Newmont Mining (US) a buy or a sell?

In the last year, 5 stock analysts published opinions about NEM-N. 4 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Newmont Mining (US).

Is Newmont Mining (US) a good investment or a top pick?

Newmont Mining (US) was recommended as a Top Pick by on . Read the latest stock experts ratings for Newmont Mining (US).

Why is Newmont Mining (US) 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 Mining (US) worth watching?

5 stock analysts on Stockchase covered Newmont Mining (US) In the last year. It is a trending stock that is worth watching.

What is Newmont Mining (US) stock price?

On 2022-05-16, Newmont Mining (US) (NEM-N) stock closed at a price of $65.45.

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