, in the 1970s when inflation averaged over 7 per cent and hit a high of 14 per cent in 1980, the U.S. dollar weakened in the months prior to the Fed pausing, then strengthened when inflation persisted.
All stocks on this list are dividend payers, which is uncommon for any of the industries in the basic materials sector. Also of note is that every analyst consensus on this list is above closing price, whereas our models are split and unlike the rest of the market, except for energy stocks, most of these companies are up over the past 12 months.is primarily a gold producer with operations in North and South America, Australia and Africa. Newmont also produces copper, silver, lead and zinc.
No. 1 out of 147 companies in the metals and mining industry. Newmont will release their 2023 guidance and longer-term outlook on Feb. 23, 2023. Our comparables, adjusted book, along with analyst targets are all above current price for NGT-T.operates in West Africa and produces 1.5 million ounces of gold annually. The company has an interesting and transparent dividend program tied both to the price of gold and their financial leverage . All of our models show further upside to its price.