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Newmont Corporation (NEM) Is a Trending Stock: Facts to Know Before Betting on It

Zacks Investment Research·
Newmont Corporation (NEM) Is a Trending Stock: Facts to Know Before Betting on It

Newmont Corporation (NEM), a gold and copper miner, has declined 9.6% over the past month, underperforming the S&P 500. The company shows strong earnings growth expectations (+31.9% for current fiscal year) and revenue growth forecasts (+14.5% for current fiscal year), with a history of beating EPS estimates. However, it carries a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the broader market. The stock trades at a valuation discount to peers (Value Style Score: B).

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