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NEWMONT CORPORATION Hits Price Target Forecast with 21.47% Profit

Published on July 31, 2024
NEWMONT CORPORATION has successfully met the price target forecast set by QuantWave, resulting in a significant profit of 21.47%. The forecast signal was generated on April 30, 2024, with the price at 39.54$. The predicted direction was long, and on July 31, 2024, the stock reached the target price of 48.03$. This achievement highlights the accuracy and effectiveness of QuantWave's analytics in predicting stock movements.

The stock performance of NEWMONT CORPORATION can be attributed to various factors, including positive earnings reports, strong market sentiment towards the mining sector, and global economic trends affecting commodity prices. Investors who followed QuantWave's forecast would have benefited from the profitable opportunity presented by NEWMONT CORPORATION's stock movement.

QuantWave offers users access to predictions for a wide range of stocks, providing potential opportunities for profits. For those interested in delving deeper into QuantWave's investment strategy, exploring the educational resources of QuantSchool is recommended. QuantSchool offers a comprehensive professional investment framework that reveals key principles for generating consistent income using the QuantWave forecasting system.

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