Gold Miner Newmont Continues to Shine

Image Source: Newmont Corporation – First Quarter of 2020 Earnings IR Presentation By Callum Turcan On May 5, the gold miner Newmont Corporation (NEM) reported first quarter 2020 earnings that missed both consensus top- and bottom-line estimates which prompted shares to sell off modestly during the normal trading session that day, though shares of NEM have been on an epic bull run since the start of 2020. We continue to like Newmont as an idea in our Dividend Growth Newsletter portfolio with shares of NEM up ~48% as of this writing since joining the portfolio on January 13, 2020 (link here), before taking dividend considerations into account, while the S&P 500 (SPY) is down ~13% during this period before taking … Read more