NEWMONT CORPORATION Hits Price Target Forecast with 21.69% Profit

QuantWave, the automated forecasting platform, successfully predicted a long position for NEWMONT CORPORATION on June 27, 2025, when the stock was trading at $56.57. The forecast proved accurate as the stock reached the target price of $68.84 on August 7, 2025, resulting in a profitable return of 21.69%. This achievement highlights the efficacy of QuantWave's analytics in generating significant gains for investors.

The positive movement in NEWMONT CORPORATION's stock can be attributed to several factors, including strong financial performance, rising gold prices, and increasing demand for precious metals as a safe-haven asset. Additionally, market sentiment towards the mining sector has been favorable, further supporting the upward trajectory of the stock.

QuantWave continues to provide users with valuable insights and forecast predictions for a wide range of stocks, presenting opportunities for potential profits in the financial markets. Investors looking to capitalize on such forecasts are encouraged to explore the educational resources offered by QuantSchool, which provides a professional investment framework for leveraging the QuantWave forecasting system effectively.