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Barchart
Barchart
Sohini Mondal

Is Newmont Stock Outperforming the Dow?

Valued at a market cap of $83.2 billion, Newmont Corporation (NEM) is one of the world’s largest gold producers. The company operates across North America, South America, Australia, and Africa, with fully owned mines such as Tanami in Australia and Ahafo and Akyem in Ghana. 

Companies valued at $10 billion or more are generally considered "large-cap" stocks, and Newmont fits this criterion perfectly. In addition to gold, Newmont explores for copper, silver, zinc, lead, and other metals, with a global presence spanning the U.S., Canada, Mexico, Peru, Argentina, Chile, and beyond.

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