NEM remains hamstrung by higher production costs, which has contributed to its underperformance.

Dividend stocks boomed from early July 2024 to late November 2024. However, since then, they have pulled back sharply. I discuss the bad news that may continue weighing on many dividend stocks.

31.Dec.2023 - 31.Dec.2024 228 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.

I discussed NEM's merits as a 'Once in a generation buy' last March. The stock surged by 75% following that article until late October 2024. However, it has recently dropped by over 33%.

Zacks.com users have recently been watching Newmont (NEM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

In December, we welcomed 29 new analysts to Seeking Alpha and in this article we are showcasing their stock picks and investment strategies. Five buy picks are highlighted on Viasat, Newmont, NeuroOne Medical, X-Fab Silicon Foundries, and ArcerlorMittal. Analysts' recommendations range from Strong Buy to Strong Sell, covering diverse sectors such as healthcare, technology, energy, and consumer goods.

Newmont: This Is How We Are Betting On Gold

In the latest trading session, Newmont Corporation (NEM) closed at $38.11, marking a -0.68% move from the previous day.

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.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Newmont Corporation is a 'Strong Buy' due to its dominant position in gold mining and solid copper exposure, with favorable price forecasts for both metals. The company benefits from operational efficiency, prudent capital allocation, and a strategic portfolio, including the transformative acquisition of Newcrest Mining. Newmont's valuation is attractive, with a forecasted P/E ratio decline and a DCF model suggesting a fair share price of $43.25, indicating 13% upside potential.

Recently, Zacks.com users have been paying close attention to Newmont (NEM). This makes it worthwhile to examine what the stock has in store.

2024 is going out with a bang as mystery drones, Federal Reserve hawkishness, and quantum stocks dominate headlines. It's time to look towards 2025 after another banner year for stocks. Here are four stocks in timely, tremendous industries to keep on your radar.

DENVER--(BUSINESS WIRE)--Newmont Files Early Warning Report.

The Federal Reserve just cut rates but reduced the outlook for future rate cuts. This sent the market tumbling lower. However, I believe this is a huge gift to dividend investors.

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MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Newmont (NEM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM) has let go of nearly a dozen managers as part of a major corporate restructuring effort, according to Bloomberg. The layoffs include a member of its executive team, Bloomberg reported.

While NEM's robust portfolio of projects and a healthy growth trajectory paint a promising picture, its high production costs warrant caution.

NEM expects gross proceeds of up to $275 million, including a cash consideration of $100 million due at closure.

DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) announced today that it has agreed to sell its Cripple Creek & Victor (“CC&V”) operation in Colorado, USA, to SSR Mining Inc. (“SSR”) for up to $275 million in cash consideration. Upon closing the announced transactions, Newmont will have delivered up to $3.9 billion in gross proceeds from non-core asset divestitures and investment sales.1 The transaction is expected to c.

Newmont has underperformed due to operational challenges, but improving efficiency and divesting non-core assets present a significant investment opportunity. Despite high All-in Sustaining Costs (AISC) of $1,600/oz in Q3 2024, Newmont is focused on increasing margins through key project ramp-ups. Barrick and AEM reported lower AISCs, highlighting NEM's current inefficiencies but also its potential for margin improvement.

Since running into $2,700 in October, gold prices  have cooled off, consolidating below this mark, though still elevated compared to the last 12 months.

Newmont (NEM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Newmont Corporation's price decline is an opportunity to buy the otherwise strong stock at a discount. While earnings might have fallen short of expectations in Q3 2024, on their own they are robust, and the outlook for the company and gold prices is positive too. NEM's market multiples indicate the possibility of a doubling in price in 2025, though risks to gold prices should be taken into account as well.

Newmont Corporation's recent asset divestitures, including the Eleonore mine sale, are part of a strategy to optimize its portfolio and strengthen its capital position. Despite rising operational costs, Newmont's strong cash flow and revenue growth, driven by high gold prices, make it a compelling buy at the current price. Newmont's valuation metrics, including a low P/E and P/CF ratio, suggest the stock is undervalued, presenting a buying opportunity for value-oriented investors.

NEM believes that Dhilmar, which has extensive experience in gold and copper mining, will be an excellent steward of the asset.

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.

I love stocks that pay big dividends and buy back a lot of stock. I share some dividend stocks that meet these criteria. I detail why they are compelling buys right now.

Here is how Newmont Corporation (NEM) and Agnico Eagle Mines (AEM) have performed compared to their sector so far this year.

Investors with an interest in Mining - Gold stocks have likely encountered both Newmont Corporation (NEM) and Alamos Gold (AGI). But which of these two stocks presents investors with the better value opportunity right now?

NEM continues to use free cash flow from operations and divestiture proceeds to increase long-term value for shareholders.

Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM)'s Musselwhite gold mine sale to Orla Mining is set to open the door for further share buybacks, Jefferies analysts believe. The $810 million sale of the Ontario mine was unveiled on Monday under a wider effort to divest away from non-core assets.

Newmont (NEM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Five stocks currently available at attractive valuations after sizeable corrections in prices are: PFE, NEM, UBER, ADBE, QCOM.

Newmont (NEM) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Vancouver, British Columbia--(Newsfile Corp. - November 13, 2024) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to announce planning of a winter 2025 drill program at the Deux Orignaux prospect, and that Newmont Corporation ("Newmont") has provided Notice (as defined below), pursuant to the Venture Agreement between Newmont and the Company dated September 4, 2024 (the "Venture Agreement"), to enter Phase 2 of the earn-in agreement to potentially earn an additional 29% participating interest (the "Phase 2 Earn-In") in the Chebistuan project (the "Project"), located in Quebec.

Amazon, KLA, Newmont, Uber Technologies and S&P Global are included in this Analyst Blog.

We have narrowed our search to five large-cap momentum stocks. These are: AMZN, NEM, KLAC, UBER, SPGI.

Newmont is significantly undervalued, on the latest selloff to $45 per share, given the logic of substantial 2025 gold gains on a looming dollar devaluation. Extensive gold reserves, low production costs, a strong balance sheet and high dividend yield are well worth the price of admission. The company's forward P/E ratio is historically very low, suggesting a 50% discount to its potential long-term value, with a target price range of $90-$100 per share in 18 to 24 months.

With a robust portfolio of projects and a healthy growth trajectory, NEM presents a solid investment case for those looking to capitalize on the gold rally.

Barclays raised the firm's price target on Nemetschek to EUR 125 from EUR 108 and keeps an Overweight rating on the shares.

Zacks.com users have recently been watching Newmont (NEM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Newmont Corporation (NYSE: NEM), the world's largest gold miner, has seen its stock underperform over the last month, falling by 13% compared to the S&P 500 which was up 1.5%. The decline in stock prices has been primarily due to the stellar performance being expected due to rising demand of gold, amidst uncertainties surrounding the U.S. Presidential elections.

DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (together with its affiliates, “Newmont” or the “Company”) announced today that Newcrest Canada Holdings Inc. (the “Vendor”), a wholly-owned subsidiary of Newmont, sold all 14,674,056 common shares of Azucar Minerals Ltd. (“Azucar”) held by the Vendor to Almadex Minerals Ltd. (“Almadex”) and certain directors and officers of Azucar (collectively with Almadex, the “Purchasers”), for an aggregate purchase pric.

Rising costs are preventing this mining company from cashing in on rising gold prices.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Investors looking for stocks in the Mining - Gold sector might want to consider either Newmont Corporation (NEM) or Alamos Gold (AGI). But which of these two companies is the best option for those looking for undervalued stocks?