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Let's Preview Newmont's Q2 Earnings
NEMNewmont(NEM) Seeking Alpha·2024-07-23 13:41
draganab/iStock via Getty Images My Coverage History & Thesis I first wrote about Newmont Corporation (NYSE:NEM) in early April 2024, giving the company a “Buy” rating. At that time, I observed a logically approaching bullish catalyst in the form of a strong report for Q1 with good guidance from management. This was due to the growth of most commodities prices, particularly gold (XAUUSD:CUR), which constitutes the lion's share of the company's operations. I also assumed that Newmont stock was undervalue ...