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

down 58.05 %

Newmont Mining Corporation (holding Company) (NEM) upgraded to Buy by UBS

Posted on: Wednesday,  Feb 4, 2009  8:25 AM ET by UBS

UBS rated Buy Newmont Mining Corporation (holding Company) (NYSE: NEM) on 02/04/2009, when the stock price was $39.81.
Since then, Newmont Mining Corporation (holding Company) has lost 58.05% as of 01/27/2016's recent price of $16.70.
If you would have followed this UBS's recommendation on NEM, you would have lost 58.05% of your investment in 2548 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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/4/2009 8:25 AM Buy
as of 12/31/2009
1 Week up  16.38 %
1 Month up  4.10 %
3 Months up  26.85 %
1 YTD up  40.26 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/22/2008 8:25 AM Hold
11/1/2007 11:25 AM Buy
49.51 62.00

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