Newmont $NEW gets OW rating from JPMorgan
📌p/t $57.31, 6.44% upside
📌strong FCF from current #gold price to fund 2% #dividend
📌JPM sees gold going higher and NEW benefiting near-term
📌each $100/oz move in gold has ~$6 impact on stock

#mining #stocks #bonds #investments https://t.co/WFLIegKO34