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Enter Symbol:
Rating: NEM
Outperform $30
down 54.00 %

Newmont Mining Corporation (holding Company) (NYSE: NEM) reiterated to Outperform with price target $30 by Credit Suisse

Tuesday,  Jun 23, 2015  10:25 AM ET by Kristen Bailey

The Credit Suisse advised against investing in this stock and the price has fallen for a loss. The price fell from $53.33 on 11/24/2009 to $24.34 on 06/23/2015. Credit Suisse reiterated Newmont Mining Corporation
(holding Company) (NYSE: NEM) to Outperform with price target $30 with today's price of $24.34. Credit Suisse rated Newmont Mining Corporation (holding Company) (NYSE: NEM) to Outperform with price target $65 on 11/24/2009, when the price was $53.33. Newmont Mining Corporation (holding Company)'s stock price lost 54% since then.
By following the previous Credit Suisse's recommendation on NEM, you would have lost 54% in 2037 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.

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