Summary
- A friendly reminder that Newmont will be reporting FQ3'22 earnings in October 2022.
- Mr. Market is obviously predicting another drastic fall in gold prices, from $1.8K in July to an average of $1.55K through FY2025.
- Nevertheless, investors who add NEM at the mid-$30s will be scoring excellent dividend yields of over 6%, assuming that its payout of $2.2 holds.
- With NEM guiding an 8M production annually through 2040s, the time to load up on this gold mine is almost here.
For further details see:
Newmont: Do Not Miss This 8 Million Ounce Of Gold Mine