Citi Maintains Newmont(NEM.US) With Buy Rating, Raises Target Price to $66
Optimistic expectations of interest rate cuts + Middle East risks, gold surged 13% in Q3, achieving its best quarterly performance in 8 years.
The gold price rose more than 13% in the third quarter, marking the best quarterly performance since the first quarter of 2016.
Newmont Corporation (NEM) Stock Slides as Market Rises: Facts to Know Before You Trade
Veritas Investment Research Upgrades Newmont(NEM.US) to Buy Rating, Raises Target Price to $65.15
Unusual Options Activity: ADP, TT and Others Attract Market Bets, ADP V/OI Ratio Reaches 156.9
EST Sep 30th Morning Delivery - In the last two hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trends.
Copper prices surpassed the $10,000 mark, with producers warning of supply shortages in the next decade.
Analysts believe that even if the price of copper rises, it may not be enough to attract sufficient investment. This is because the development cycle of new mines is usually long, sometimes even exceeding ten years.