Newmont Mining (US)

NEM-N

NYSE:NEM

63.85
0.26 (0.41%)
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.
More at Wikipedia

Analysis and Opinions about NEM-N

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
July 17, 2020
(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.
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(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.
TOP PICK
TOP PICK
May 14, 2020
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)
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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)
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.
DON'T BUY
DON'T BUY
September 7, 2011
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.
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Newmont Mining (US) (NEM-N)
September 7, 2011
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
TOP PICK
August 5, 2011
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.
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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
COMMENT
June 29, 2009
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.
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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
TOP PICK
March 10, 2008
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.
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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
DON'T BUY
January 31, 2007
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.
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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
PAST TOP PICK
January 24, 2007
(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.
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(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
BUY
December 20, 2006
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.
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Newmont Mining (US) (NEM-N)
December 20, 2006
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
TOP PICK
December 4, 2006
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.
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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.
COMMENT
COMMENT
November 27, 2006
If he had to own one major gold, this would be the one. Goldcorp (G-T) has lost itself as a pure gold play.
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Newmont Mining (US) (NEM-N)
November 27, 2006
If he had to own one major gold, this would be the one. Goldcorp (G-T) has lost itself as a pure gold play.
DON'T BUY
DON'T BUY
October 16, 2006
Seems to have some production problems right now. Would be more inclined to look at the midsize gold companies where there is some production growth.
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Seems to have some production problems right now. Would be more inclined to look at the midsize gold companies where there is some production growth.
BUY
BUY
July 12, 2006
One of the very biggest companies in the gold sector. A great proxy for the gold sector. Won't be one of the fastest growing ones.
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One of the very biggest companies in the gold sector. A great proxy for the gold sector. Won't be one of the fastest growing ones.
BUY
BUY
May 3, 2006
The largest unhedged producer of gold. The only gold stock in the S&P. The short-term pullback is a really good opportunity to buy lots.
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The largest unhedged producer of gold. The only gold stock in the S&P. The short-term pullback is a really good opportunity to buy lots.
PAST TOP PICK
PAST TOP PICK
March 21, 2006
(A Top Pick Dec 28/05. Down 8%.) For insurance purposes, everybody should have some gold stocks. This one is the best managed with the best properties. Costs for gold miners around the world have gone up as much as the price of gold has gone up.
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(A Top Pick Dec 28/05. Down 8%.) For insurance purposes, everybody should have some gold stocks. This one is the best managed with the best properties. Costs for gold miners around the world have gone up as much as the price of gold has gone up.
Showing 1 to 30 of 65 entries

Newmont Mining (US)(NEM-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

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, 1 stock analyst published opinions about NEM-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. 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 Ross Healy on 2020-07-17. 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?

1 stock analyst 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 2020-08-14, Newmont Mining (US) (NEM-N) stock closed at a price of $63.85.