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NEM
Forbes
3 mins

Newmont Stock May Still Have Room To Run

1. NEM shows strong margins with Q3 gold prices at $3,539. 2. Company has nearly zero net debt of $12 million. 3. Record $4.5 billion free cash flow boosts momentum. 4. Stock increased 123% annually despite Q3 production decline. 5. Historically vulnerable to significant market declines and volatility.

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FAQ

Why Bullish?

NEM's strong fundamentals and momentum indicate potential for continued growth, similar to previous post-recovery phases in its stock.

How important is it?

The article highlights strong performance metrics for NEM, affecting investor confidence and stock price direction.

Why Short Term?

Recent trends and cash flow suggest immediate positive sentiment but risks remain in volatile markets.

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