Newmont Mining (US)

NEM-N

NYSE:NEM

44.30
0.26 (0.58%)
Newmont 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 NEM-N

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
July 11, 2019
(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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(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.
TOP PICK
TOP PICK
July 11, 2019
Likes the golds, and likes this one. (Analysts’ price target is $42.76)
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Likes the golds, and likes this one. (Analysts’ price target is $42.76)
BUY
BUY
June 7, 2019
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.
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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.
PAST TOP PICK
PAST TOP PICK
November 7, 2016

(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.

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(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.

PAST TOP PICK
PAST TOP PICK
November 16, 2015

(A Top Pick Nov 25/14. Up 10.1%.) *Short* He hates gold in general. Gold prices in US$ does not do well.

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Newmont Mining (US) (NEM-N)
November 16, 2015

(A Top Pick Nov 25/14. Up 10.1%.) *Short* He hates gold in general. Gold prices in US$ does not do well.

TOP PICK
TOP PICK
October 26, 2015

The model price is 24% lower than it is today. It is a stock in conflict t. The analysts and the street are negative. Put it away. Day to day you can`t look at it.

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The model price is 24% lower than it is today. It is a stock in conflict t. The analysts and the street are negative. Put it away. Day to day you can`t look at it.

TOP PICK
TOP PICK
November 25, 2014

*Short* Hates gold companies and gold prices. We are in for another decade or more of disappointment. This is one of the few material names in the US, so it is widely held by generalists, but what it doesn’t have going for it is growth. Has had no growth for years. Huge issues with debt at $6.8 billion. It needs to spend roughly $2.6 billion over the next year or so, just to maintain production. If the Swiss don’t vote for gold to be backed by the central bank reserve, then gold will be under pressure and gold stocks will be very, very weak. Yield of 0.51%.

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Newmont Mining (US) (NEM-N)
November 25, 2014

*Short* Hates gold companies and gold prices. We are in for another decade or more of disappointment. This is one of the few material names in the US, so it is widely held by generalists, but what it doesn’t have going for it is growth. Has had no growth for years. Huge issues with debt at $6.8 billion. It needs to spend roughly $2.6 billion over the next year or so, just to maintain production. If the Swiss don’t vote for gold to be backed by the central bank reserve, then gold will be under pressure and gold stocks will be very, very weak. Yield of 0.51%.

HOLD
HOLD
February 24, 2014

How much worse can it get. It will eventually go up with gold. He is encouraged by what is going on with gold. Prefers one of his top picks for a gold pick.

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Newmont Mining (US) (NEM-N)
February 24, 2014

How much worse can it get. It will eventually go up with gold. He is encouraged by what is going on with gold. Prefers one of his top picks for a gold pick.

COMMENT
COMMENT
August 7, 2013

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.

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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
COMMENT
June 10, 2013

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.)

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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
PAST TOP PICK
October 1, 2012

(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.

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(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
HOLD
April 10, 2012
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.
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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
COMMENT
November 17, 2011
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.
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Newmont Mining (US) (NEM-N)
November 17, 2011
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
TOP PICK
September 29, 2011
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.
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Newmont Mining (US) (NEM-N)
September 29, 2011
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
WAIT
September 23, 2011
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.
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Newmont Mining (US) (NEM-N)
September 23, 2011
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.
Showing 1 to 15 of 63 entries