Newmont Corporation (NEM) is considered one of the Most Undervalued Stocks to Buy Right Now, with BofA raising its price target to $118. Despite a challenging macro backdrop due to China’s slowing commodity demand, a rebound in demand in the US and Europe could offset this. In Q3 2025, Newmont saw a 4% decrease in attributable gold production, but higher sales compared to the previous year. The company’s net income declined mainly due to a gain on the sale of assets held for sale. Newmont is engaged in the production and exploration of gold properties.

Read more at Yahoo Finance: BofA Raises PT on Newmont (NEM) Stock