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Newmont Mining: Two minerals for the expansion - gold and copper
Jun 03, 2009 10:50 PM UTC

Joseph Lazzaro

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Symbol	Sentiment	Start	Return	Closed
NEM		06/03/09	+37.18%	10/01/10

Via BloggingStocks:

Filed under: Commodities, Stocks to Buy

Newmont Mining (NYSE: NEM) is one of plays that was perhaps bid-up prematurely by Wall Street, and as a result the party has already begun. Nevertheless, the view from view argues that the mining company's upside and the stock's recent pull-back warrant adding shares at this stage. Here's why:

In general, analysts expect a 5-7% sales gain in FY2009, aided by higher average prices for gold, which should offset lower prices for copper.

Continue reading Newmont Mining: Two minerals for the expansion - gold and copper

Newmont Mining: Two minerals for the expansion - gold and copper originally appeared on BloggingStocks on Wed, 03 Jun 2009 17:50:00 EST. Please see our terms for use of feeds.

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