Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

Newmont Goldcorp Corp (NEM)

Currency in USD
After Hours

NEM Comments

Things have been going badly at Newmont, but managment is guiding positive saying things will INFLECT. If they choke in the next earnings release near the end of MAY sell everything.
I don't know why it got to 70 - 80 per share in the first place.... But 36 or 40 in 12 months I think is plausable
also we need to keep in mind that people get a higher interest rate return today. but once the interest rate normalizes, the charm for high dividend stocks will return
Does anyone know why the common equity in this stock has fallen from about 21 or 22B in 2021 to 19.5 Billion currently? Is this because of the Newcrest acquisition?
When is the bleeding going to stop?
well as of today... closed at 30.90 trading at 1.68x book value. BUT, profitable companies never trade at 1x book value. Soo... I don't know where the bottom is but my guess is your close to it.
One of the major reasons for drop is also that most investors can't differentiate between one time impairment costs and it's impact on the NI vs operational loss.
Even if the price drops to 1700, which I don't think will happen, to be honest. Their AISC is only $1440. so they would still be profitable. I think this is more about the market sentiment people gaining back the trust/confidence on company.
best sell
I never thought we would see $32 too. I hope it does not go below $30 (which you never know) but if it does, I would most likely buy a lot more.
I got in at $37, thinking this would stabilize and I would get paid on the dividend. I assumed the poor performance declining revenues and common equity was somehow related to the NEwcrest merger... I plan to give them 1 or 2 quarters to get this turned around.
I am stuck as sell. over exposed to say the least. my average is $39 and I am still in the mindset of averaging it around $25, which I think would hold. Because the only biggest support after that is $16. The company is doing okay, not great, not bad to be honest. But my problem is I don't see any reason for it to rocket again unless some great news comes in.. and 24's projection is not great either
Tough call here.... honestly. I plan to sell an little bit on strength. Market probably does not like the merger risk, stock might underperform for 1-2 years. But I hope it goes up
time to buy
NAK is the biggest sleeping giant. US largest proven reserves. Long term hold only.
Does anyone know why 79 million shares crossed at the close? Total shares today were 98 million, with average daily volume currently at 19 million.
Trading idea - Entry point has to be over 36.4/61.80%
Final dip before glory?
Get ready….
Trading idea - Entry point has to be over 44/61.80%
8 more days for a big drop on missed earnings
Earning are due in July boy!!!
Back to the sqrt(1)
Closed all the gaps.
The party is on…
to all those they gave me the thumbs down where you at???
watch the pullback to the 20-day exponential moving average and then buy
Run bears run :)…
You are correct
Run bears run :)…
ex-dividend tomorrow
Sales season is over. Bears run…
Bears will be slaughtered…
Fly me to the moon
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.