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Newmont: Keep Calm And Let The Dividends Flow

Mar. 04, 2022 7:00 AM ETNewmont Corporation (NEM), NGT:CA14 Comments


  • NEM is a global miner with top-tier assets.
  • NEM has Baa1 (Stable) credit rating and has a well-balanced capital allocation strategy.
  • NEM has plenty of reserves and a strong exploration program, which combines with its improving efficiencies to offer a strong profitability outlook over the next decade and beyond.
  • NEM's current valuation hinges heavily on the outlook for gold.
  • We believe current macroeconomic forces are very bullish for gold.
  • Looking for a portfolio of ideas like this one? Members of High Yield Investor get exclusive access to our model portfolio. Learn More »

American gold coin treasure hoard of the rare USA double eagle 20 dollar bullion currency

TonyBaggett/iStock via Getty Images

Newmont Corporation (NYSE:NEM) is a U.S.-based global mining business with top-tier assets in North America, South America, Australia, and Africa.

While precious metals miners have a notorious reputation for being value destroyers and some think that

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This article was written by

Samuel Smith profile picture
Become a “High Yield Investor” with our 8% Yielding Portfolio.

Samuel Smith is Vice President at Leonberg Capital and manages the High Yield Investor Seeking Alpha Marketplace Service.

Samuel is a Professional Engineer and Project Management Professional by training and holds a B.S. in Civil Engineering and Mathematics from the United States Military Academy at West Point and a Masters in Engineering from Texas A&M with a focus on Computational Engineering and Mathematics. He is a former Army officer, land development project engineer, and lead investment analyst at Sure Dividend.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of GOLD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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