Newmont is the largest listed gold producer in the world and for us it’s acting as an excellent roadmap for the sector, and miners in general. While consolidation of recent strong gains looks likely we’re still looking for the US$135bn giant to punch to new highs in the coming months.
- We can see Newmont breaking above US$140 before we all start singing Auld Lang Syne – at least +10% higher.
MM is bullish towards Newmont into Christmas
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