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Analyst Insight: Is Newmont Mining Warming Up for a Good 2018?

Annie Gilroy
Analyst Insight: Is Newmont Mining Warming Up for a Good 2018?

Along with Agnico Eagle Mines (AEM), Newmont Mining (NEM) has a high percentage of “buy” ratings among the senior miners at 61%. Its target price implies an upside of 11.6% from its current market price of $38.3. Newmont Mining’s stock has not seen any rating change from analysts since July 2017 when Argus upgraded it from “hold” to “buy” with a target price of $43.