Newmont, Barrick Gold Mining Stocks Have Rallied. They're Still Cheap
Investors can't seem to get enough of gold. So far, they have mostly shrugged at mining stocks such as Newmont and Barrick Gold, but if the precious metal continues to rally, that is likely to change.
The market continues to digest the prospect of the US presidential election after Biden withdrew, and gold has fallen below $2400.
Due to traders weighing the decision of U.S. President Biden's withdrawal from re-election and what this means for the chance of Trump returning to the White House, the price of gold has slightly declined.
Check Out What Whales Are Doing With NEM
Whales with a lot of money to spend have taken a noticeably bullish stance on Newmont.Looking at options history for Newmont (NYSE:NEM) we detected 8 trades.If we consider the specifics of each trade,
Gold: Positioning Risks Skewed to the Downside – TDS
A reversal of the Trump trade threatens Gold bugs, TDS senior commodity strategist Daniel Ghali notes.
Are Basic Materials Stocks Lagging Newmont (NEM) This Year?
Is Newmont (NEM) Stock a Must-Buy Ahead of Q2 Earnings?
Express News | Newmont : TD Cowen Assumes Coverage With Hold Rating; Target Price $48
Five Key Charts to Watch in Global Commodity Markets This Week
Subdued Growth No Barrier To Newmont Corporation's (NYSE:NEM) Price
When you see that almost half of the companies in the Metals and Mining industry in the United States have price-to-sales ratios (or "P/S") below 1.2x, Newmont Corporation (NYSE:NEM) looks to be
Tesla, AT&T, Alphabet, Chipotle, Visa, and More Stocks to Watch This Week
Second-quarter earnings season continues with Verizon, Alphabet, Coca-Cola, Comcast, General Motors, Tesla, Visa, AT&T, Chipotle, and Newmont.
Trending again! Spot gold once fell below 2400, is it another opportunity for layout?
The structural bull market remains unchanged.
NASDAQ is experiencing a major correction, where can you hide? The Dow Jones, gold, and US bonds are all falling, but bitcoin remains 'strong'.
Market style has changed due to factors such as improved prospects for Trump's campaign and increased expectations for interest rate cuts.
Newmont Corporation (NEM) Dips More Than Broader Market: What You Should Know
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.Investors are
Stocks to Watch Next Week: Tesla, Microsoft, Alphabet and Amazon
Express News | Shares of Precious Metals Stocks Are Trading Lower as Gold and Silver Prices Fall Amid a Rise in the Dollar
Wall Street Bulls Look Optimistic About Newmont (NEM): Should You Buy?
GE Aerospace and 4 More Stocks That Haven't Been Moved by the Market Rotation -- Barrons.com
Al Root This week has been a blur for investors. High-flying tech stocks have gotten crushed, while sleepier, smaller stocks that benefit from lower rates are soaring. Some aren't doing anything --
Express News | Newmont : BMO Cuts Target Price to $56 From $58
Bright Future: Bullish Expert Tips Gold Price to Top $3,950 per Ounce
The gold price has shifted higher in 2024, nudging a new all-time high of US$2,474.5 per ounce this week. It has since pared back from that level and is trading at US$2,429 per ounce at the time of writing.