Palantir a high-risk investment with ’a one-of-a-kind growth and margin model’
Newmont Goldcorp Corp’s stock reached a 52-week high, hitting 61.17 USD, with InvestingPro data showing an impressive 62.5% year-to-date return and a strong financial health score rated as "GREAT." This milestone reflects a significant upward trajectory for the company, which has seen its stock price increase by 29.91% over the past year. The recent high underscores investor confidence in Newmont Goldcorp’s performance and future prospects, supported by management’s aggressive share buybacks and an impressive 55-year track record of consistent dividend payments. According to InvestingPro analysis, the stock appears undervalued at current levels, suggesting potential for further gains. This achievement places Newmont Goldcorp in a strong position within the industry, as it capitalizes on favorable market conditions and strategic initiatives that have contributed to its growth. InvestingPro subscribers can access 10+ additional exclusive insights and a comprehensive Pro Research Report that provides deep-dive analysis of the company’s fundamentals and growth prospects.
In other recent news, Newmont Corporation has seen significant developments following the unexpected resignation of its Chief Financial Officer, Karyn F. Ovelmen, effective July 11, 2025. The company clarified that Ovelmen’s departure was not due to any disagreements over Newmont’s operations or financial practices. Peter Wexler has been appointed as the interim CFO while continuing his role as Chief Legal Officer. Stifel has initiated coverage of Newmont with a Buy rating, highlighting the company’s strong position as the largest gold producer and its operational stability after acquiring Newcrest. Meanwhile, Goldman Sachs has downgraded Newmont to Neutral, citing fair valuations compared to its peers. Raymond (NSE:RYMD) James has also adjusted its outlook, raising the price target to $67 while maintaining an Outperform rating, taking into account second-quarter commodity prices and asset sales. These recent developments indicate a period of transition and recalibration for Newmont.
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