NEWMONT CORPORATION Hits Price Target Forecast with 14.85% Profit

NEWMONT CORPORATION's stock has recently achieved the price target forecast set by QuantWave, resulting in a profit of 14.85%. The forecast signal was initiated on June 22, 2022, with the stock trading at 58.71 $. The predicted direction was short, and on July 14, 2022, the target price of 49.99 $ was reached. This successful forecast highlights the accuracy and effectiveness of QuantWave's analytics in predicting stock movements.

Market analysis indicates that several factors may have contributed to the stock's movement, such as changes in gold prices, market volatility, and company-specific news. The achievement of the price target reflects the depth and precision of QuantWave's forecasting algorithms, providing users with valuable insights for making informed investment decisions.

QuantWave is a leading automated forecasting platform that offers predictions for a wide range of stocks, presenting opportunities for potential profits. For those seeking to enhance their understanding of investment strategies, QuantSchool provides a comprehensive educational framework that reveals the key principles for generating consistent income using the QuantWave forecasting system.