Newmont raised at J.P. Morgan, as further asset sales remain positive catalysts

seekingalpha11-20 03:32

Moussa81/iStock via Getty Images Newmont (NYSE:NEM) +1.6% in Tuesday's trading as J.P. Morgan upgrades shares to Overweight from Neutral, saying the $810M sale of its Musselwhite gold mine in Ontario ...

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Morgan upgrades shares to Overweight from Neutral, saying the $810M sale of its Musselwhite gold mine in Ontario ...</p>\n\n<a href=\"https://seekingalpha.com/news/4308658-newmont-raised-at-jp-morgan-as-further-asset-sales-remain-positive-catalysts\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Newmont raised at J.P. 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Morgan, as further asset sales remain positive catalysts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-20 03:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4308658-newmont-raised-at-jp-morgan-as-further-asset-sales-remain-positive-catalysts><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Moussa81/iStock via Getty Images Newmont (NYSE:NEM) +1.6% in Tuesday's trading as J.P. Morgan upgrades shares to Overweight from Neutral, saying the $810M sale of its Musselwhite gold mine in Ontario ...</p>\n\n<a href=\"https://seekingalpha.com/news/4308658-newmont-raised-at-jp-morgan-as-further-asset-sales-remain-positive-catalysts\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NEM","symbol_name":"纽曼矿业","start_time":0,"source_url":"https://seekingalpha.com/news/4308658-newmont-raised-at-jp-morgan-as-further-asset-sales-remain-positive-catalysts","article_id":"2484972981","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1007121072/image_1007121072.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484972981","pubTimestamp":1732044725,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Moussa81/iStock via Getty Images Newmont  +1.6% in Tuesday's trading as J.P. 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JPM notes Newmont  guided to new medium-term production targets of 6M oz/year of gold and 150K tons/year of copper, with Lihir and Brucejack called out specifically for downgrades in FY 2025 and an implicit downgrade for other parts of the business.","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"NEM":"纽曼矿业"},"translate_title":"纽蒙特在摩根大通融资，进一步的资产出售仍然是积极的催化剂","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NEM":0.9},"content_text":"Moussa81/iStock via Getty Images Newmont (NYSE:NEM) +1.6% in Tuesday's trading as J.P. Morgan upgrades shares to Overweight from Neutral, saying the $810M sale of its Musselwhite gold mine in Ontario came in well ahead of the bank's $485M valuation, and three remaining U.S. asset sales anticipated by the end of Q1 2025 are positive catalysts. 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