Why Newmont (NEM) Is Back In The Spotlight

Newmont (NEM) heads into its October 22 earnings release with the stock closing at US$115.59 on October 13, down 1.33% for the day and trailing the broader market. Over the past month Newmont’s share price has slipped 8.85%, even though the 90 day share price return of 21.41% and 1 year total shareholder return of 28.86% point to momentum that has built over a longer stretch, supported by a very large 3 year total shareholder return of 202.61%. Scan the gold space around Newmont by comparing...