Newmont(NEM)
Search documents
World Metal & Mining ETFs - 2024 Year in Review
Newsfile· 2025-01-08 16:23
31.Dec.2023 - 31.Dec.2024228 ETFs Metal ETFs, Miners ETFs, Metal and Miners Hedged & Leveraged ETFsTotal Assets (AUM) ~ $330.7 B USD Toronto, Ontario--(Newsfile Corp. - January 8, 2025) - Total assets for the World's 228 Metal & Mining ETFs finished 2024 at USD $330.7 B. This is an increase of +13.1% from the 2023-year end close of USD $292.4 B. This growth in Metal & Mining ETF assets was driven principally by gains in Gold Metal ETFs which still make up more than ~70% of all Metal & Mining ETF assets wor ...
Newmont Stock: A 'Once-In-A-Generation' Buy 2.0
Seeking Alpha· 2025-01-08 12:05
Last March, I wrote an article titled Newmont Stock: A 'Once-In-A-Generation' Buy, where I quoted Newmont (NYSE: NEM ) (TSX: NGT:CA ) CEO's statement at the time that the stock was:If you want access to our Portfolios that have crushed the market since inception and all our current Top Picks, join us for a 2-week free trial at High Yield Investor.We are the fastest growing high yield-seeking investment service on Seeking Alpha with a perfect 5/5 rating from 180 reviews.Our members are profiting from our hig ...
Newmont: This Is How We Are Betting On Gold
Seeking Alpha· 2025-01-06 17:04
Take advantage of the currently offered discount on annual memberships and give CIP a try. The offer comes with a 11 month money guarantee , for first time members.Conservative Income Portfolio targets the best value stocks with the highest margins of safety. The volatility of these investments is further lowered using the best priced options. Our Enhanced Equity Income Solutions Portfolio is designed to reduce volatility while generating 7-9% yields.We have generally not exhibited much love for the gold mi ...
Gold Mining Leaders Barrick, Newmont Sink Deeper As Death Cross Looms
Benzinga· 2024-12-27 16:24
The glitter of gold is losing its luster for two mining giants, Barrick Gold Corp GOLD and Newmont Corp NEM, as both stocks have hit a technical Death Cross—a bearish signal when the 50-day moving average falls below the 200-day moving average. For those betting on these miners to sparkle, the charts suggest the treasure hunt may be on pause.Barrick Gold Stock: Treading Below The Glitter Line Chart created using Benzinga ProBarrick Gold’s stock is down 11.97% year-to-date, with its recent performance offeri ...
Newmont: A Safe Bet For My Growth-Heavy Portfolio
Seeking Alpha· 2024-12-26 14:30
After the strong AI-driven bull run in growth stocks which lasted for almost two years, I seek for stocks to increase exposure to safer assets. The world's largest gold miner, Newmont Corporation (NYSE: NEM ), looks likeComing from an IT background, I have dived into the U.S. stock market seven years ago by managing portfolio of my family. Starting managing real money has been challenging for the first time, but long hours of mastering fundamental analysis of public companies paid off and now I feel very co ...
纽蒙特:百年黄金龙头矿企,整合资源专注一级资产
海通国际· 2024-12-20 06:59
| --- | --- | --- | --- | |--------------------------------------------------------------------------------------|------------|---------|--------------| | | | | | | Haitong International Equity Research Ratings Distribution, as of September 30, 2024 | | | | | | Outperform | Neutral | Underperform | | | | (hold) | | | HTI Equity Research Coverage 91.8% 7.8% 0.4% | | | | | IB clients* 3.5% 4.4% 0.0% | | | | | *Percentage of investment banking clients in each rating category. | | | | BUY, Neutral, and SELL in ...
Newmont: 3 Reasons For Upside After Overcorrection
Seeking Alpha· 2024-11-29 15:01
Since I last wrote about the gold miner Newmont Corporation (NYSE: NEM ) in September, its price is down by over 20%. This has made a huge difference to its relative performance among the biggest five gold miners by market capitalisation. In September, itManika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy. ...
Newmont Corporation: Valuation Is Now More Attractive
Seeking Alpha· 2024-11-28 09:16
The world’s largest gold miner, Newmont Corporation (NYSE: NEM ) (TSX: NGT:CA ) has recently been under the spotlight for selling its Eleonore mine in Quebec for $795 million. NEM considers this move a part of its broader portfolio optimisation strategy, whichI am a financial writer with a degree in Finance. In my five-year career, I have worked with two financial companies. I keep a close eye on Energy, Banking, and Tech stocks. My main focus is fundamental analysis and looking at the long-term position of ...
Newmont Announces Sale of Eleonore for $795 Million in Cash
ZACKS· 2024-11-27 12:55
Newmont Corporation (NEM) has agreed to sell its Eleonore operation in Northern Quebec, Canada, to Dhilmar Ltd for $795 million in cash. The divestment is expected to close in the first quarter of 2025, subject to certain conditions. Upon closure of the transaction, Newmont will have received up to $3.6 billion in gross proceeds from non-core asset divestitures and investment sales. Dhilmar has extensive experience in gold and copper mining, and NEM believes the former will be an excellent steward of the as ...
Newmont to Divest Musselwhite Operation for Up to $850 Million
ZACKS· 2024-11-20 12:56
Newmont Corporation (NEM) has agreed to sell its Musselwhite operation in Ontario, Canada, to Orla Mining Ltd for up to $850 million in total consideration. According to the terms of the agreement, Newmont would get $810 million in cash at closing, plus up to $40 million in contingent payments. The acquisition is expected to be completed in the first quarter of 2025, pending certain conditions being met. Upon completion of the announced agreements, Newmont will have exceeded its goal of generating more than ...