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

Rating:
Underweight
NEM
up 244.85 %

Newmont Mining Corporation (holding Company) (NEM) rated Underweight with price target $48 by Barclays Capital

Posted on: Tuesday,  Mar 1, 2011  12:25 PM ET by Barclays Capital

Barclays Capital rated Underweight Newmont Mining Corporation (holding Company) (NYSE: NEM) on 03/01/2011. Previously Barclays Capital rated Underweight Newmont Mining Corporation (holding Company) (NYSE:
NEM) on 01/07/2011., when the stock price was $57.59. Since then, Newmont Mining Corporation (holding Company) has lost 71.00% as of 01/27/2016's recent price of $16.70.
If you would have followed the previous Barclays Capital's recommendation on NEM, you would have gained 244.85% of your investment in 1846 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.

Barclays Capital has assembled a world-class, award-winning team of analysts covering, credit, commodities, economics, emerging markets, equities, fixed income, foreign exchange and market strategy. We provide in-depth analysis of companies and macro coverage across asset classes, markets and the world’s economies. We have a highly quantitative approach and our research is underpinned by sophisticated analytics. Combined, these provide clients with the tools and insights necessary for successful risk management and financing. Our research teams are based in many of the world’s major financial centres providing our clients with a globally integrated perspective across products and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/1/2011 12:25 PM Sell
None
56.06 48.00
as of 12/30/2011
1 Week up  3.02 %
1 Month up  12.87 %
3 Months up  4.67 %
1 YTD down  -7.04 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/7/2011 1:25 PM Sell
None
57.59 50.00

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