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NEWMONT CORPORATION Hits Price Target Forecast with 23.88% Profit, QuantWave's Success Continues

August 16, 2024
On June 4, 2024, QuantWave signaled a long position for NEWMONT CORPORATION's stock at $39.86, with a forecast target. The prediction proved accurate as the stock hit the target price of $49.38 on August 16, 2024, resulting in a profit of 23.88%. This success showcases the efficiency and reliability of QuantWave's analytics in predicting market movements.

Several factors contributed to the stock's movement, including positive earnings reports, increased demand for gold, and overall market trends favoring the mining sector. Investors who followed QuantWave's forecast had the opportunity to capitalize on this price movement and generate significant profits.

QuantWave's automated forecasting platform continues to provide valuable insights and predictions for various stocks, empowering users to make informed investment decisions. For those interested in a deeper understanding of QuantWave's investment strategy, QuantSchool offers professional educational resources to learn the principles behind the system and how to generate consistent income using QuantWave's forecasting capabilities.

Find out how the NEWMONT CORPORATION rate is expected to change

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Other news for NEM

NEMJune 13, 2025NEWMONT CORPORATION: QuantWave Hits Price Target Forecast with 29.38% Profit Margin Achieved  ~1 min.

QuantWave, the automated forecasting platform, successfully hit its price target forecast for NEWMONT CORPORATION on June 13, 2025....

NEMApril 16, 2025NEWMONT CORPORATION Hits Price Target Forecast with 26.64% Profit  ~1 min.

NEWMONT CORPORATION, a leading mining company, has successfully reached the price target forecast set by QuantWave on April 4, 2025. The forecast indicated a long position with a price of $43....

NEMApril 11, 2025NEWMONT CORPORATION Stock Hits Forecast Target with 25.56% Profit  ~1 min.

QuantWave, the automated forecasting platform, successfully predicted a long position for NEWMONT CORPORATION on February 24, 2025, when the stock was trading at 43.58 $....

NEMApril 11, 2025NEWMONT CORPORATION Hits Price Target Forecast with 16.07% Profit  ~1 min.

NEWMONT CORPORATION has successfully reached the price target forecast set by QuantWave, achieving a profit of 16.07%. The forecast signal was issued on March 21, 2025, at a price of 47.14 $....

NEMApril 11, 2025NEWMONT CORPORATION Hits Price Target with 24.42% Profit, Validates QuantWave Forecasting Accuracy  ~1 min.

NEWMONT CORPORATION (NEM) investors saw a profitable outcome as the stock reached the price target forecasted by QuantWave, yielding a 24.42% profit within a week....



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