Newmont Company (NYSE:NEM) is among the many 15 Finest Performing Silver Shares to Purchase.
In accordance with TheFly, Citi lifted Newmont Company (NYSE:NEM)’s worth purpose from $104 to $118 and saved its Purchase ranking on January 12. Up to date firm tips and commodity worth estimates are mirrored within the modification. After a notable surge, Citi declared that it’s impartial on gold costs and anticipates moderation all year long. The corporate predicts that in 2026, the typical worth of an oz. of gold can be $3,925. Moreover, Citi anticipates that the company’s attributable output in 2025 can be near the center of its steerage vary.
Raymond James upgraded their worth goal for Newmont Company (NYSE:NEM) from $99 to $111 on December 29, 2025. An Outperform ranking was reaffirmed. The corporate revised its estimates for gold costs within the fourth quarter, which led to an alteration to its valuation. The anticipated rise is according to the revised This fall projections that Raymond James included within the firm’s monetary forecast.
Newmont Company (NYSE:NEM) is likely one of the world’s greatest gold mining firms. Newmont additionally generates important quantities of copper, silver, zinc, and lead as byproducts.
Whereas we acknowledge the potential of NEM as an funding, we imagine sure AI shares provide higher upside potential and carry much less draw back threat. Should you’re in search of a particularly undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring pattern, see our free report on the greatest short-term AI inventory.
READ NEXT: 20 Finest Performing Shares in 2025 and 12 Finest Meals Shares to Purchase in 2026.
Disclosure: None. This text is initially revealed at Insider Monkey.
