News Focus
News Focus
Followers 1733
Posts 210210
Boards Moderated 11
Alias Born 01/02/2008

Re: AugustaFriends post# 370441

Monday, 07/25/2016 11:35:45 AM

Monday, July 25, 2016 11:35:45 AM

Post# of 720898
NEM Charts Newmont Mining (NEM) has 37% “buy” ratings and 53% “hold” ratings. While its ratings have remained more or less constant since the start of 2016, its target price was revised upward by 73% to $40.

NEM In recent news, Newmont sold its stake in its Batu Hijau mine in Indonesia. Mackie Research commented, saying, “NEM remains the premier ‘go-to’ gold name in the US, which, along with decreasing debt and a more stable asset portfolio, has led us to increase our multiple to 1.5x (from 1.2x). After accounting for the sale of the Indonesian assets, our NAV/sh declines to $30.41 from $31.38 previously. As a result of our new multiple, our target increases to $45.00/sh.”


Note 1: Please alert the board of any stock crossing the 20,50,20dma’s on daily or weekly chart.
(link back for more charts)
Just replace the ticker with your TICKER
http://stockcharts.com/h-sc/ui?s=NEM&p=D&yr=0&mn=3&dy=0&id=p11960084343




Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today