Newmont Stock Loses 27% in 3 Months: Should You Buy Now?
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Newmont Corporation's stock has declined by 27% over the past three months due to higher production costs, leading to its underperformance.
January 09, 2025 | 3:15 pm
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Newmont Corporation's stock has dropped 27% in the last three months, largely due to increased production costs affecting its performance.
The significant drop in Newmont's stock price is directly linked to higher production costs, which have negatively impacted its financial performance. This suggests a bearish short-term outlook unless cost issues are addressed.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100