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Newmont Corporation CHESS ( (AU:NEM) ) has issued an update.
Newmont Corporation has been upgraded to an A3 rating by Moody’s, reflecting positively on its financial stability and operational strength. This upgrade is likely to enhance Newmont’s industry positioning and could have favorable implications for its stakeholders, reinforcing its reputation as a leader in sustainable and responsible mining.
The most recent analyst rating on (AU:NEM) stock is a Buy with a A$121.00 price target. To see the full list of analyst forecasts on Newmont Corporation CHESS stock, see the AU:NEM Stock Forecast page.
More about Newmont Corporation CHESS
Newmont is the world’s leading gold company, also producing copper, zinc, lead, and silver. It operates in favorable mining jurisdictions across Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Known for its principled environmental, social, and governance practices, Newmont is the only gold producer listed in the S&P 500 Index and has been publicly traded since 1925.
Average Trading Volume: 514,694
Technical Sentiment Signal: Buy
Current Market Cap: A$122.2B
For detailed information about NEM stock, go to TipRanks’ Stock Analysis page.