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What Could Drive Newmont Mining’s Stock Performance in Q4 2018?

Annie Gilroy
What Could Drive Newmont Mining’s Stock Performance in Q4 2018?

Newmont Mining (NEM) stock has declined ~14.4% year-to-date—most of these losses occurred after its second-quarter earnings. While its earnings were a beat on market expectations, the overall sentiment in the precious metals and mining space was negative.