NEWMONT CORPORATION Stock Hits Forecast Price Target with 19.12% Profit

NEWMONT CORPORATION has successfully achieved the price target forecast set by QuantWave, leading to a profitable outcome for investors. The forecast signal was issued on May 7, 2024, with a price of $40.32 and a predicted long direction. On July 31, 2024, the stock reached the target price of $48.03, resulting in a profit of 19.12%.

This achievement showcases the accuracy and effectiveness of QuantWave's analytics in predicting stock movements. The market analysis indicates that various factors, such as positive company earnings, industry trends, and macroeconomic conditions, may have contributed to the stock's upward movement. Investors who followed the forecast signal were able to capitalize on this opportunity and secure significant gains.

QuantWave is a leading automated forecasting platform that provides users with predictions for a wide range of stocks, offering potential profits for those who utilize its insights. For individuals seeking in-depth knowledge about investment strategies, QuantSchool provides a comprehensive professional framework for utilizing the QuantWave forecasting system effectively.

Overall, the success of NEWMONT CORPORATION in hitting the forecast price target underscores the value of QuantWave's analytics in assisting investors in making informed decisions and achieving profitable outcomes.