From Yahoo Finance: 2025-06-06 17:21:00

Newmont Corporation (NEM) has a bullish thesis, with shares trading at $52.72. They produced 7 million ounces of gold in 2024 with industry-leading cost discipline. The company also contributes significant volumes of copper, silver, and zinc, diversifying earnings. NEM owns the largest share of Tier 1 gold mines globally, ensuring long-term cash flow durability. They have proven gold reserves of 134.1 million ounces and are committed to environmental sustainability.

Despite potential, NEM is not among the 30 Most Popular Stocks Among Hedge Funds. 65 hedge fund portfolios held NEM at the end of the first quarter. However, AI stocks are seen as holding greater promise for higher returns with limited downside risk. For an extremely cheap AI stock that benefits from Trump tariffs and onshoring, check out the free report on the best short-term AI stock.



Read more at Yahoo Finance: Newmont Corporation (NEM): A Bull Case Theory