Newmont Corp-CDI’s (NEM) fell -5% yesterday and looks set to open lower today as the world’s largest gold producer hovers around its 3-year low. This is another stock that looks capable of spiking down to fresh, recent lows or around ~10% lower.
- We can see Newmont Corp (NEM US) testing $33 over the coming months, which is not ideal for Newcrest investors who didn’t sell into the takeover.
MM is neutral toward NEM
Add To Hit List
