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

Rating:
Buy NEM
down 70.29 %

Newmont Mining Corporation (holding Company) (NEM) rated Buy

Posted on: Monday,  Jan 14, 2008  11:53 AM ET by The street 10 Gold Stocks for 2008

The street 10 Gold Stocks for 2008 rated Buy Newmont Mining Corporation (holding Company) (NYSE: NEM) on 01/14/2008, when the stock price
was $56.22. Since then, Newmont Mining Corporation (holding Company) has lost 70.30% as of 01/27/2016's recent price of $16.70.
If you would have followed this The street 10 Gold Stocks for 2008's recommendation on NEM, you would have lost 70.29% of your investment in 2935 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.

Gold is not just an anti-U.S. dollar story and could rally against all currencies regardless of what the U.S. Dollar Index does this year, much like it did in 2005. Iamgold (symbol IMG on the Toronto exchange) is also recommended in the list.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/14/2008 4:00 AM Buy
1 year
56.22
as of 12/24/2008
1 Week up  8.25 %
1 Month down  -5.90 %
3 Months down  -7.08 %
1 YTD down  -20.77 %

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