Is Newmont (NEM) Offering Value After Recent Share Price Pullback

  • If you are wondering whether Newmont is priced attractively today, the recent share moves and current valuation metrics give you plenty to think about.
  • The stock last closed at US$112.35, with a 7 day return of a 9.6% decline, contrasted against gains of 12.5% over 30 days, 11.0% year to date, 167.5% over 1 year and 144.4% over 3 years.
  • Recent coverage of Newmont has focused on how investors are reassessing large gold producers and their role in portfolios, which helps frame these strong multi year returns. Broader commentary on the gold sector and capital allocation decisions at major miners has also kept attention on how companies like Newmont are being valued against their assets and cash flow potential.
  • On our checks, Newmont…

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