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NEWMONT CORPORATION Hits Forecast Target with 13.75% Profit

July 14, 2022
NEWMONT CORPORATION, a leading gold mining company, recently reached the price target as forecasted by QuantWave on 2022-06-17. The forecast indicated a short direction with a price of 57.7 $ at the signal date. On 2022-07-14, NEWMONT CORPORATION's stock price hit 49.76 $, resulting in a profitable outcome of 13.75% for investors following the forecast.

This success can be attributed to a combination of market analysis and factors influencing the stock movement. The downward trend in the gold market, along with macroeconomic conditions, likely played a role in NEWMONT CORPORATION's decline. QuantWave's analytics accurately pinpointed these trends and provided investors with valuable insights to capitalize on the market movement.

QuantWave continues to offer users access to accurate predictions for a variety of stocks, presenting lucrative opportunities for potential profits. For those interested in delving deeper into the investment strategy behind QuantWave, QuantSchool offers a comprehensive educational platform. QuantSchool equips investors with the essential tools and principles needed to generate consistent income using the QuantWave forecasting system.

With NEWMONT CORPORATION's successful forecast hit and the broader implications for QuantWave's analytics, investors can confidently rely on the platform for their investment decisions.

Find out how the NEWMONT CORPORATION rate is expected to change

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