Newmont's price might not have gone anywhere in the past couple of months, but there's a good reason it can, even after the stock's robust YTD gains. Gold price, for one, is firmly on the upward trajectory after a small wobble following hopes of improved economic prospects because of US-China talks. The company's Q1 2025 earnings also surprised significantly to the upside, leaving room for more...
It is rare to buy an investment that is both deeply discounted and enjoying strong momentum. However, we share two such opportunities right now. We share why we think they are still undervalued and have significantly further to run.
Newmont (NYSE:NEM)'s stock has experienced quite a bit of volatility this year. It began the year on a weak note, primarily impacted by declining gold prices and concerns regarding costs and production delays.
Gold mining stocks, offering dividends and leveraged exposure to price surges, provide superior returns compared to physical bullion investments.
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