Sterne Agee argues that its favorite miners - Newmont Mining (NEM), Coeur d'Alene (CDE) and Gold...

|About: Newmont Mining Corporation ... (NEM)|By:, SA News Editor

Sterne Agee argues that its favorite miners - Newmont Mining (NEM), Coeur d'Alene (CDE) and Gold Resource (GORO) - will benefit as gold hits new highs in the next 12-18 months. Continued focus on cost management and rates of return could lead to an increase in gold company operating margins, which could set the stage for re-rating of valuation multiples, the firm believes.