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Gold prices have been rising, but gold miners have not seen the same increase in their share prices.
Newmont Corporation has potential for at least a 24% upside at current gold prices.
The upcoming Q1'24 earnings release and potential increase in guidance could serve as an upside trigger for Newmont.
Gold has been on a serious rise lately, with prices breaching the US$2,400/oz mark. However, gold miners have been trailing behind with the market yet to close this divergence....