More Upside To Newmont Stock?
1. Newmont's recovery in 2025 is fueled by record gold prices. 2. Gold prices exceeded $3,300, boosting profitability and cash flow. 3. Current valuation suggests stability amid uncertainties in earnings sustainability. 4. Strong balance sheet supports reinvestments and shareholder returns. 5. Potential for a 15-20% price re-rating if gold stays above $3,500.