For Immediate ReleaseChicago, IL – October 10, 2024 – Today, Zacks Equity Research Newmont (NEM) , Agnico Eagle Mines (AEM) , Barrick Gold Corp. (GOL), IAMGOLD (IAG) and Idaho Strategic Resources (IDR) .Industry: GoldLink: https://www.zacks.com/commentary/2348505/buy-these-5-gold-stocks-to-capitalize-on-solid-industry-trendsThe prospects for the Zacks Mining - Gold industry look bright, backed by the 27% gain seen in gold prices so far this year. The bullion is expected to end the year at around $3,000 an o ...

Investors looking for stocks in the Mining - Gold sector might want to consider either Newmont Corporation (NEM) or Alamos Gold (AGI) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that tar ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The Zac ...

Newmont Corporation (NEM) recently announced that it has reached a definitive agreement to sell its Akyem operation in Ghana to Zijin Mining Group Co., Ltd. for up to $1 billion in cash. The sale is part of Newmont's continuous commitment to divest non-core businesses as it shifts its strategic focus to Tier 1 assets.The agreement states that Newmont will get $900 million in cash upon closing. Pending the fulfillment of certain conditions, a further $100 million is likely to be received.The transaction's pr ...

Newmont Corporation’s (NEM) shares have shot up 33.6% in the past six months, outperforming the Zacks Mining – Gold industry’s rise of 16.6%. A surge in gold prices driven by monetary policy easing and heightened geopolitical tensions has contributed to the run-up in NEM’s shares.The stock is currently trading at a roughly 6% discount to its 52-week high of $56.30, reached on Sept. 25, 2024. Technical indicators show that NEM has been trading above the 50-day simple moving average (SMA) since July 3, 2024. ...

Newmont Corporation (NEM) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.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 correlation between trends in earnings ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks G ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Newmont Corporation (NEM) , which belongs to the Zacks Mining - Gold industry.When looking at the last two reports, this gold and copper miner has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 46.50%, on average, in the last two quarters.For the most recent quarter, Newmont was expected to post earnings of $0.5 ...

Newmont Corporation (NYSE: NEM ), the biggest gold miner by market capitalization (MCAP), has had a good 2024 at the stock markets so far, with 30% price increase. With the rising price of gold, this was to be expected, but even then, NEM stands out as itsManika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores. ...