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

Rating:
Neutral NEM
down 54.37 %

Newmont Mining Corporation (holding Company) (NEM) downgraded to Neutral by JP Morgan

Posted on: Tuesday,  Feb 4, 2014  8:25 AM ET by JP Morgan

JP Morgan rated Neutral Newmont Mining Corporation (holding Company) (NYSE: NEM) on 02/04/2014. Previously JP Morgan rated Overweight Newmont Mining Corporation (holding Company) (NYSE:
NEM) on 06/03/2009., when the stock price was $46.42. Since then, Newmont Mining Corporation (holding Company) has lost 54.37% as of 02/04/2014's recent price of $21.18.
If you would have followed the previous JP Morgan's recommendation on NEM, you would have lost 54.37% of your investment in 1707 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.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/4/2014 8:25 AM Hold
None
21.18
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD down  -8.03 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/3/2009 8:25 AM Buy
None
46.42
3/2/2009 8:25 AM Hold
None
37.88
10/30/2008 8:25 AM Buy
None
27.83

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