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 ...