Jefferies Starts Newmont Mining Corp. (NEM) at Hold
Tweet
Share
E-mailGet Alerts NEM Hot Sheet
Price: $117.76 +3.13%
Rating Summary:
20 Buy, 10 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
20 Buy, 10 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Jefferies initiates coverage on Newmont Mining Corp. (NYSE: NEM) with a Hold. PT $64.
The firm notes "While NEM's multiple has compressed, we believe a much lower multiple is appropriate given NEM's high risk, higher costs, and short reserve life."
For more ratings news on Newmont Mining Corp. click here and for the rating history of Newmont Mining Corp. click here.
Shares of Newmont Mining Corp. closed at $64.47 yesterday.
The firm notes "While NEM's multiple has compressed, we believe a much lower multiple is appropriate given NEM's high risk, higher costs, and short reserve life."
For more ratings news on Newmont Mining Corp. click here and for the rating history of Newmont Mining Corp. click here.
Shares of Newmont Mining Corp. closed at $64.47 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Headwater Gold Signs New Earn-In Agreement with Newmont on the Jupiter Project, Nevada
- Headwater Gold signs Newmont earn-in deal on Nevada Jupiter Project
- BMO Capital Starts Energy Fuels (UUUU) at Outperform
Create E-mail Alert Related Categories
New CoverageRelated Entities
Jefferies & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
