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Newmont Mining Corporation (holding Company) (NEM) [hlAlert]

Rating:
Underperform
NEM
up 79.70 %

Newmont Mining Corporation (holding Company) (NEM) rated Underperform by Jefferies

Posted on: Tuesday,  Jul 2, 2013  8:25 AM ET by Jefferies

Jefferies rated Underperform Newmont Mining Corporation (holding Company) (NYSE: NEM) on 07/02/2013, when the stock price was $30.01.
Since then, Newmont Mining Corporation (holding Company) has lost 44.35% as of 01/27/2016's recent price of $16.70.
If you would have followed this Jefferies's recommendation on NEM, you would have gained 79.7% of your investment in 939 days.

Newmont Mining Corp. is engaged in the production of gold, the exploration for gold and the acquisition and development of gold properties worldwide. The company produces gold from mines in Nevada and California, and, outside of the United States, from operations in Peru, Indonesia, Mexico and Uzbekistan.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/2/2013 8:25 AM Sell
None
30.01
as of 12/13/2013
1 Week down  -1.12 %
1 Month up  14.72 %
3 Months up  17.44 %
1 YTD up  22.42 %

(*) Stock Price at the time of the recommendation.
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