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

Rating:
Hold NEM
up 11.03 %

Newmont Mining Corporation (holding Company) (NEM) downgraded to Hold by Stifel Nicolaus

Posted on: Wednesday,  Feb 1, 2012  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Hold Newmont Mining Corporation (holding Company) (NYSE: NEM) on 02/01/2012. Previously Stifel Nicolaus rated Buy Newmont Mining Corporation (holding Company) (NYSE:
NEM) on 08/10/2011., when the stock price was $55.53. Since then, Newmont Mining Corporation (holding Company) has gained 11.04% as of 02/01/2012's recent price of $61.66.
If you would have followed the previous Stifel Nicolaus's recommendation on NEM, you would have gained 11.03% of your investment in 175 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.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/1/2012 8:25 AM Hold
None
61.66
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  2.74 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/10/2011 8:25 AM Buy
None
55.53 76.00
9/28/2010 8:25 AM Hold
None
62.01

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