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Stocklytics Platform
BETA
Instrument logo  NEM

Newmont Goldcorp Corp

NEM
59 / 100
S&P500
$31.94arrow_drop_up2.20%$0.69

Financial Forecast

AI Price Prediction

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Analyst Ratings

Analyst ratings for this stock instrument are based on analysts' assumptions and should not be solely relied upon for financial decisions.

Newmont Goldcorp Corp (NEM) Stocklytics Forecast

Newmont Goldcorp Corp (NEM) is a leading gold mining company that operates in multiple regions around the world. With a strong track record of success and a commitment to responsible mining practices, NEM has established itself as a reliable and profitable investment option for shareholders. The company's stock price has experienced steady growth over the years and shows promising potential for the future. According to analysts' predictions, NEM's stock price is expected to continue its upward trend, reaching new highs in the coming years. In fact, by 2023, the stock price forecast suggests a substantial increase, making it an attractive investment opportunity.

With the advancements in artificial intelligence and machine learning, predicting stock prices has become more accurate and reliable. AI-based algorithms analyze various factors such as market trends, historical data, and company performance to generate precise predictions for NEM's stock price. These machine learning predictions are highly valuable for investors looking to make informed decisions about their investment portfolio. When considering the price target for NEM, analysts project a positive outlook, with an expected growth trajectory over the next few years. Based on current trends and market conditions, NEM's stock is considered a good buy for investors seeking long-term gains.

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Frequently Asked Questions

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What is the analyst price prediction for Newmont Goldcorp Corp (NEM) stock?

Analysts have set a target price of $53.86 for Newmont Goldcorp Corp (NEM), based on forecasts from 29 analysts. The predicted price range extends from a high of $67 to a low of $38. This represents a potential increase of up to 124.38% and a decrease of 27.26% from the current price of $29.86. These forecasts are as of 2022 Sep 06.

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What are the analyst ratings for Newmont Goldcorp Corp (NEM) stock?

Currently, there are no analyst ratings available for Newmont Goldcorp Corp (NEM), possibly due to insufficient coverage or recent updates.

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What is the AI price prediction for Newmont Goldcorp Corp (NEM) stock?

The AI price prediction model, leveraging machine-learning techniques, forecasts that Newmont Goldcorp Corp (NEM) stock could reach $33.08 by 2024 Feb 29. This prediction indicates a potential price change of 10.79%. The forecast has a lifetime of 30 days, culminating on the target date provided. The prediction was made on 2024 Feb 01.

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