Positiv
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Seeking Alpha
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vor 3 Monaten
It's time to upgrade Newmont Corporation to Buy, a golden opportunity for us to turn bullish amid the selloff. NEM trades at an 11.5x forward P/E, well below its 5-year average of 16.6x, with margins expected to stay elevated barring a sharp unexpected collapse of gold prices. Production growth projects are scheduled through 2027–2029, supporting higher sales volumes and potential for NEM multi...