Research · Jun 12, 2026
NEM Stock: Gold 6-Month Low and Newmont Mining Reset
Newmont operating leverage 2-3x gold spot. 8-12% spot decline produces 22-28% equity drop. Q1 net cash $3.3B supports cycle.
NYSE · Financial Services · Financial - Capital Markets · US
Research · Jun 12, 2026
Newmont operating leverage 2-3x gold spot. 8-12% spot decline produces 22-28% equity drop. Q1 net cash $3.3B supports cycle.
Research · Apr 10, 2026
Sudan-UAE rift slashes gold exports, risking global supply tightness and lifting U.S. assets: GLD up 21% in 6 months, NEM's Africa ops poised for price tailwinds, GOLD's dealer model thrives on volatility. Bullish on scarcity premium.