Analysts Rate Newmont Strong Buy on 18x Forward Earnings and 0.32 PEG

NEMNEM

Newmont Corp trades at 18x forward earnings with a 0.32x PEG despite record free cash flow and recent new mine launches, prompting a Strong Buy rating by analysts. Operational improvements have cut G&A expenses by 15%, fueling margin expansion, while shares rose 2.23% to a new 52-week high.

1. Newmont’s Undervalued Opportunity

Sources

BSZ