NEWMONT CORPORATION Hits Price Target Forecast with 13.49% Profit

NEWMONT CORPORATION, a leading gold mining company, recently achieved the price target forecast set by QuantWave, resulting in a profit of 13.49%. The forecast signal was issued on May 25, 2022, with the stock trading at 62.42$. The predicted direction was short, and as of June 30, the target price of 54.0$ was reached, surpassing expectations.

The success of this forecast can be attributed to various factors, including market volatility, industry trends, and company performance. Investors who followed the QuantWave prediction were able to capitalize on the downward movement of NEWMONT CORPORATION's stock price, leading to significant returns.

QuantWave, an automated forecasting platform, provides users with access to accurate predictions for a wide range of stocks, offering opportunities for profitable trades. For investors seeking to enhance their investment strategy, QuantSchool offers educational resources on the professional investment framework of QuantWave, outlining key principles for generating consistent income.

In conclusion, the achievement of the price target forecast for NEWMONT CORPORATION demonstrates the effectiveness of QuantWave's analytics in predicting stock movements and generating profits for investors.