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NEWMONT CORPORATION Stock Hits Price Target Forecast with 24.42% Profit Margin

April 11, 2025
NEWMONT CORPORATION stock recently reached the price target forecast set by QuantWave, resulting in a significant profit margin of 24.42%. The forecast signal was issued on April 4, 2025, with the stock trading at 44.18 $. The predicted direction was long, and by April 11, 2025, the stock price had surged to 54.97 $, meeting the target.

Several factors contributed to this success, including positive market sentiment towards the mining sector, improved gold prices, and the company's strong financial performance. NEWMONT CORPORATION's solid fundamentals and strategic initiatives have also played a key role in boosting investor confidence and driving the stock price higher.

This achievement underscores the accuracy and effectiveness of QuantWave's forecasting algorithm in identifying profitable trading opportunities. QuantWave's automated forecasting platform provides users with valuable insights and predictions for a wide range of stocks, offering lucrative prospects for investors. For those interested in delving deeper into the investment strategy behind QuantWave, QuantSchool offers educational resources and professional guidance on leveraging the forecasting system to generate consistent income.

Find out how the NEWMONT CORPORATION rate is expected to change

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