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

Rating:
Market Perform
NEM
down 19.98 %

Newmont Mining Corporation (holding Company) (NEM) downgraded to Market Perform by BMO Capital Markets

Posted on: Monday,  Jul 15, 2013  12:25 PM ET by BMO Capital Markets

BMO Capital Markets rated Market Perform Newmont Mining Corporation (holding Company) (NYSE: NEM) on 07/15/2013. Previously BMO Capital Markets rated Outperform Newmont Mining Corporation (holding
Company) (NYSE: NEM) on 04/15/2013., when the stock price was $34.23. Since then, Newmont Mining Corporation (holding Company) has lost 19.98% as of 07/15/2013's recent price of $27.39.
If you would have followed the previous BMO Capital Markets's recommendation on NEM, you would have lost 19.98% of your investment in 91 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.

The U.S. Equity Research team comprises over 25 analysts located in New York, Atlanta, Boston, Denver, Houston and Los Angeles. We cover more than 375 stocks and also provide equity strategy, quantitative analysis and portfolio management services to our clients. Our goal is to identify the best sectors to invest in, and the best stocks within those sectors, in order to help our clients maximize their portfolio returns. Our award-winning analysts provide research that is informative, perceptive and actionable.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/15/2013 12:25 PM Hold
None
27.39
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD down  -41.02 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/15/2013 1:25 PM Buy
None
34.23 55.00
1/23/2008 10:25 AM Buy
None
52.30 65.00
9/12/2007 1:25 PM Hold
None
45.15 46.00

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