Newmont Corporation (NYSE:NEM): A Leading Gold Mining Company with a Bright Future

Citigroup maintains a "Buy" rating for Newmont Corporation (NYSE:NEM), raising its price target from $104 to $118, indicating confidence in the company's growth potential.Newmont is considered a top gold pick for 2026, trading at a 20-25% discount compared to peers, highlighting its undervaluation and strong growth prospects.The bullish outlook for gold, coupled with Newmont's projected 2026 price-to-earnings ratio of 14.1x and a price/earnings to growth ratio of 0.30x, positions it to outperform the sector ...