Newmont Mining Has the Right Commodities

Filed under: Newmont Mining (NEM), Stocks to Buy

Newmont Mining (NEM), which I first wrote about here on June 3, 2009 at a price of $46.42, still looks like it has the right stuff for future gains.



And that right stuff is: gold and copper. Newmont just posted Q4 EPS of $1.13, well above the First Call Q4 EPS estimate of 79 cents, on higher production volumes and better prices.

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Newmont Mining Has the Right Commodities originally appeared on BloggingStocks on Fri, 26 Feb 2010 18:00:00 EST. Please see our terms for use of feeds.

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