NEWMONT CORPORATION Stock Hits Forecast Price Target With 13.6% Profit

On 27th March 2025, QuantWave's forecasting signal for NEWMONT CORPORATION indicated a long position with the stock trading at 48.16 $. Fast forward to 11th April 2025, and the stock successfully reached the forecasted target price of 54.71 $, delivering a profit of 13.6% to investors. This achievement highlights the effectiveness of QuantWave's analytics in predicting stock movements with precision.

Market analysis suggests that NEWMONT CORPORATION benefited from rising gold prices and increased demand for safe-haven assets during the forecast period. Additionally, positive earnings reports and strong financial performance also contributed to the stock's upward trajectory. The successful prediction of NEWMONT CORPORATION's price movement underscores QuantWave's ability to provide accurate and timely forecasts for investors.

QuantWave, an automated forecasting platform, offers users the opportunity to access predictions for a wide range of stocks, presenting potential opportunities for profits. For investors looking to enhance their understanding of QuantWave's investment strategy, exploring the educational resources of QuantSchool is recommended. QuantSchool provides a comprehensive professional investment framework, revealing key principles for generating consistent income using the QuantWave forecasting system.