Newmont is still mining the right commodities - Blogging Stocks

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Newmont is still mining the right commodities
Sep 29, 2009 02:00 PM UTC

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Symbol	Sentiment	Start	Return	Closed
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Filed under: Newmont Mining (NEM), Stocks to Buy

Newmont Mining's (NYSE: NEM) stock continues to meander, despite an average, higher price for gold so far in 2009. The primary culprit? An average, lower price for copper.

Still, with a likely FY2009 revenue gain of 6-7%, I'm Reiterating my Buy rating for the company, first recommended on June 3, 2009 at a price of $46.42.

Continue reading Newmont is still mining the right commodities

Newmont is still mining the right commodities originally appeared on BloggingStocks on Tue, 29 Sep 2009 09:00:00 EST. Please see our terms for use of feeds.

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