Newmont Corporation (NEM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this gold and copper miner have returned +4.3% over the past month versus the Zacks S&P 500 composite's +4.3% change. The Zacks Mining - Miscellaneous industry, to which Newmont belongs, has gained 3.9% over this period. Now the key question is: Where could the stock be headed in t ...

Newmont Corporation (NEM) closed the most recent trading day at $41.98, moving +1.82% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.7% for the day. Meanwhile, the Dow experienced a rise of 0.01%, and the technology-dominated Nasdaq saw an increase of 1.1%. The gold and copper miner's stock has dropped by 5.02% in the past month, falling short of the Basic Materials sector's gain of 3.13% and the S&P 500's gain of 4.03%. Investors will be eagerly watching for ...

Newmont (NEM), a gold, silver and copper mining giant recently added to IBD Leaderboard, also pays a healthy dividend of around 3.32% annualized. Savvy investors can further enhance the return from NEM stock though the use of covered calls. X According to Dow Jones Data, gold futures on Monday climbed 0.9% and made a new high of $2,433.90 an ounce. NEM Stock Today: The Trade Setup A covered call involves buying 100 shares of the underlying stock and simultaneously selling a call option against those shares. ...

Loading... Loading... To gain an edge, this is what you need to know today. Metals Break Out Please click here for an enlarged chart of silver ETF iShares Silver Trust SLV. Note the following: The chart is a monthly chart of silver to give you the long term perspective. The chart shows that silver has broken out on a monthly basis. The chart shows RSI is reaching an overbought level. The historical pattern is that when RSI on a monthly chart reaches an overbought level, often a pullback occurs, followed by ...

From a technical perspective, Newmont Corporation (NEM) is looking like an interesting pick, as it just reached a key level of support. NEM's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world. Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves ...

Newmont Corporation (NEM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this gold and copper miner have returned +10.5% over the past month versus the Zacks S&P 500 composite's +2% change. The Zacks Mining - Miscellaneous industry, to which Newmont belongs, has gained 0.8% over this period. Now the key question is: Where could the stock be headed in the near term? W ...

Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Is Newmont Corporation (NEM) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question. Newmont Corporation is one of 240 companies in the Basic Materials group. The Basic Materials group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 ...

Investors might want to bet on Newmont Corporation (NEM) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this gold and copper miner, should get reflected in its stock price. After all, empirical research shows a strong correl ...

Investors are continuously searching for undervalued asset classes and investment ideas. This translates into a quick money flow between asset classes and stocks toward value. A simple strategy for capital preservation and healthy returns is to wait patiently to invest in undervalued ideas. This column focuses on undervalued blue- chip stocks likely to turn red-hot in the coming quarters. I have focused on precious metals, commodities and the energy sector to identify undervalued blue-chip ideas. The reason ...

J Studios My Thesis Judging by the way the price of gold has been behaving lately, I think the valuation of Newmont Corporation (NYSE:NEM) stock is moving further and further away from its fair value. As one of the largest gold mining companies in the world, I don't think Newmont should be trading at the current discount for too long - a continuation of the recent uptrend is most likely ahead of us. My Reasoning I recently read a new newsletter from the activist gold hedge fund Crescat Capital. It states th ...