Newmont Mining

NMC-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about NMC-T

Signal
Opinion
Expert
N/A
N/A
March 4, 2019

They are saying the ABX-T offer is just not good enough. It wants to stick with the plan with G-T to put together a joint venture for the Nevada assets which is really what ABX-T was after. There is key resistance at $1175 in gold. Over the last 6 months we were bottoming in August and have gathered steam ever since. Shorts scrambled to cover their positions. To go above neutral into bullish we have to get above $1375 and are due for a pullback.

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They are saying the ABX-T offer is just not good enough. It wants to stick with the plan with G-T to put together a joint venture for the Nevada assets which is really what ABX-T was after. There is key resistance at $1175 in gold. Over the last 6 months we were bottoming in August and have gathered steam ever since. Shorts scrambled to cover their positions. To go above neutral into bullish we have to get above $1375 and are due for a pullback.

WATCH
WATCH
July 18, 2013

He would be inclined to cover any short. He thinks they have seen the lows in gold. These may be overdue for a pop. Should see $34+ when earnings start to come out. The seasonal trade is setting up.

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He would be inclined to cover any short. He thinks they have seen the lows in gold. These may be overdue for a pop. Should see $34+ when earnings start to come out. The seasonal trade is setting up.

COMMENT
COMMENT
July 19, 2012
Price was just under $45 and caller bought August $44 Calls. Stock rallied in the afternoon and he sold the weekly July $45 Calls. Comments? What you are doing is taking advantage of the daily fluctuation in typical gold mining companies, which means you are getting very good premium. Option premiums decline in and exponential fashion. If you consistently do this and you can pick up those opportunities, eventually you will end up fully paying for the cost of the option you bought. This is called Time or Calendar Spread. Probably really works well on this company and is a great way to do it.
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Price was just under $45 and caller bought August $44 Calls. Stock rallied in the afternoon and he sold the weekly July $45 Calls. Comments? What you are doing is taking advantage of the daily fluctuation in typical gold mining companies, which means you are getting very good premium. Option premiums decline in and exponential fashion. If you consistently do this and you can pick up those opportunities, eventually you will end up fully paying for the cost of the option you bought. This is called Time or Calendar Spread. Probably really works well on this company and is a great way to do it.
HOLD
HOLD
December 23, 2009
3 stocks he would look at in gold would be Barrick (ABX-T), GoldCorp (G-T) or Newmont (NMC-T). They are all seniors and well run. The problem is, gold stocks have not kept up with the commodity. Gold had been in a short-term bubble and is now coming off.
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Newmont Mining (NMC-T)
December 23, 2009
3 stocks he would look at in gold would be Barrick (ABX-T), GoldCorp (G-T) or Newmont (NMC-T). They are all seniors and well run. The problem is, gold stocks have not kept up with the commodity. Gold had been in a short-term bubble and is now coming off.
COMMENT
COMMENT
September 28, 2009
Have to de-consolidate Indonesian operations, which will create significant downward pressure on cash flow. Will also have to make a large acquisition that he thinks will be dilutive. (Pair traded with a Long on Barrick (ABX-T).)
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Newmont Mining (NMC-T)
September 28, 2009
Have to de-consolidate Indonesian operations, which will create significant downward pressure on cash flow. Will also have to make a large acquisition that he thinks will be dilutive. (Pair traded with a Long on Barrick (ABX-T).)
BUY
BUY
December 15, 2008
Gold stocks are starting to perform better. He likes this one because it is internationally diverse. Because it is one of the biggest, it has a lot of new projects coming on stream at any one time. Very well financed.
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Newmont Mining (NMC-T)
December 15, 2008
Gold stocks are starting to perform better. He likes this one because it is internationally diverse. Because it is one of the biggest, it has a lot of new projects coming on stream at any one time. Very well financed.
COMMENT
COMMENT
December 1, 2008
(Market Call Minute.) Gold stocks tend to trade as a group but this wouldn't be his first choice. It will participate in the strength of precious metals.
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Newmont Mining (NMC-T)
December 1, 2008
(Market Call Minute.) Gold stocks tend to trade as a group but this wouldn't be his first choice. It will participate in the strength of precious metals.
HOLD
HOLD
May 12, 2008
Gold has come off its high. Longer-term outlook continues to be good but has some near-term weakness ahead of it. Barrick (ABX-T) or Newmont (NMC-T) would be fine choices.
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Gold has come off its high. Longer-term outlook continues to be good but has some near-term weakness ahead of it. Barrick (ABX-T) or Newmont (NMC-T) would be fine choices.
DON'T BUY
DON'T BUY
September 19, 2007
Assets are lower quality, prefers others.
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Newmont Mining (NMC-T)
September 19, 2007
Assets are lower quality, prefers others.
DON'T BUY
DON'T BUY
December 15, 2006
In a downtrend right now.
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Newmont Mining (NMC-T)
December 15, 2006
In a downtrend right now.
HOLD
HOLD
December 5, 2006
Have great problems, but have some operational difficulties at a couple of their big properties, which has moved their costs up and margins down. Feels that is largely behind them and the stock is starting to move up.
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Newmont Mining (NMC-T)
December 5, 2006
Have great problems, but have some operational difficulties at a couple of their big properties, which has moved their costs up and margins down. Feels that is largely behind them and the stock is starting to move up.
DON'T BUY
DON'T BUY
March 27, 2006
Gold stocks seem to reach a certain level and don't want to go any higher. The market is more interested in the base metals right now.
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Newmont Mining (NMC-T)
March 27, 2006
Gold stocks seem to reach a certain level and don't want to go any higher. The market is more interested in the base metals right now.
BUY
BUY
January 31, 2006
Feels that gold is still in a secular move up.
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Newmont Mining (NMC-T)
January 31, 2006
Feels that gold is still in a secular move up.
BUY
BUY
July 11, 2005
One of the premier plays. If you are going to have a major mining portfolio, this has to be near the top. Good management. Phenominally run.
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One of the premier plays. If you are going to have a major mining portfolio, this has to be near the top. Good management. Phenominally run.
BUY
BUY
July 5, 2005
Looks like it has good upside in a better gold market.
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Looks like it has good upside in a better gold market.
Showing 1 to 15 of 39 entries

Newmont Mining(NMC-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Newmont Mining 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(NMC-T) Frequently Asked Questions

What is Newmont Mining stock symbol?

Newmont Mining is a OTC stock, trading under the symbol NMC-T on the (). It is usually referred to as or NMC-T

Is Newmont Mining a buy or a sell?

In the last year, there was no coverage of Newmont Mining published on Stockchase.

Is Newmont Mining a good investment or a top pick?

Newmont Mining was recommended as a Top Pick by Jon Case on 2019-03-04. Read the latest stock experts ratings for Newmont Mining.

Why is Newmont Mining 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 worth watching?

In the last year, there was no coverage of Newmont Mining published on Stockchase.

What is Newmont Mining stock price?

On , Newmont Mining (NMC-T) stock closed at a price of $.