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

down 69.84 %

Newmont Mining Corporation (holding Company) (NEM) rated Outperform with price target $30 by Credit Suisse

Posted on: Tuesday,  Jun 23, 2015  10:25 AM ET by Credit Suisse

Credit Suisse rated Outperform Newmont Mining Corporation (holding Company) (NYSE: NEM) on 06/23/2015. Previously Credit Suisse rated Buy Newmont Mining Corporation (holding Company) (NYSE:
NEM) on 11/08/2007., when the stock price was $55.38. Since then, Newmont Mining Corporation (holding Company) has lost 69.84% as of 01/27/2016's recent price of $16.70.
If you would have followed the previous Credit Suisse's recommendation on NEM, you would have lost 69.84% of your investment in 3002 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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/23/2015 10:25 AM Buy
24.34 30.00
as of 8/27/2015
1 Week down  -9.97 %
1 Month down  -30.79 %
3 Months down  -38.60 %
1 YTD down  -27.48 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/24/2009 9:25 AM Buy
53.33 65.00
2/20/2009 8:25 AM Buy
43.88 50.00
11/8/2007 9:25 AM Buy
55.38 70.00

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