Newmont Corporation (NEM) faces a
class action lawsuit for alleged securities fraud, which is likely concerning for investors. However, the gold giant continues to perform well, with its
stock gaining despite market dips, and its Q4 net income soaring to
US$1,403 million. The company's
strong earnings reflect its business strength. It has gained 28% year-to-date, leaving investors wondering how to navigate the situation. Some analysts consider NEM one of the top undervalued
mining stocks and the best for
gold, zinc, and silver. The company also offers
dividends, making it attractive to investors. Despite these positives, some express skepticism about mining stocks, distinguishing between an affinity for gold but not for miners. There is also speculation that the NYSE:NEM could drop by over 35%. In other news, a former Newmont executive was appointed to a USA energy council, potentially implicating future developments for the company.
Newmont Corporation NEM News Analytics from Thu, 27 Feb 2025 02:27:26 GMT to Sat, 22 Mar 2025 18:30:25 GMT -
Rating 2
- Innovation -5
- Information 1
- Rumor -8
