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Newmont Mining’s Valuation Multiple: More Upside Potential?

Annie Gilroy
Newmont Mining’s Valuation Multiple: More Upside Potential?

Can Newmont Mining Outperform Its Peers in 2019?(Continued from Prior Part)Newmont Mining’s higher valuation Among senior gold miners (GDX), Newmont Mining (NEM) has the second-highest forward enterprise value-to-EBITDA multiple of 8.1x. The