Newmont upgraded at RBC on gold outlook, turnaround progress

3 hours ago 1
Golden background. Gold nugget. Backdrop for the project. Macro

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Newmont (NYSE:NEM) late Tuesday was upgraded to Outperform from a previous investment rating of Sector Perform by analysts at RBC Capital Markets. They cited improved gold price forecasts and early success in the miner’s operational turnaround.

Analyst Josh Wolfson said

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