NEWMONT CORPORATION Stock Hits Price Target with 21.47% Profit - QuantWave Forecast Success

NEWMONT CORPORATION has recently achieved its price target forecast as predicted by QuantWave, resulting in a profit of 21.47%. The forecast signal was generated on April 30, 2024, with the stock price at 39.73 $ and a long direction predicted. The target price of 48.26 $ was reached on July 31, 2024, aligning perfectly with the forecast. This successful forecast demonstrates the accuracy and reliability of QuantWave's analytics in guiding investment decisions.

The market analysis indicates that several factors contributed to NEWMONT CORPORATION's stock movement, including positive earnings reports, favorable economic conditions, and increased investor confidence in the company's performance. The achievement of the price target showcases the effectiveness of QuantWave's forecasting algorithm in identifying profitable trading opportunities for investors.

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