Newmont: I Am Adding This 3% Yielding Miner To My Portfolio
Newmont(NEM) Seeking Alpha·2024-03-18 17:20
NordrodenNewmont Corporation (NYSE:NEM) is one of the leading companies in the gold production industry. It is included in the S&P 500, carrying a market cap of ~$39 billion and, most importantly, a top-class portfolio of gold and copper. To put this into perspective, NEM has a 30% larger gold reserve resource base than its closest competitor. Similarly, it has a 40% larger copper reserve resource base than the nearest gold producing peer. What is interesting about NEM is that the company possesses the ...