UBS Keeps Their Buy Rating on Newmont Corporation CHESS (NEM)

According to TipRanks, Spry is a 5-star analyst with an average return of 11.7% and a 60.83% success rate. Spry covers the Basic Materials sector, focusing on stocks such as Evolution Mining , Rio Tinto Limited, and BHP Group Ltd.

In a report released today, Macquarie also maintained a Buy rating on the stock with a A$173.00 price target.

Based on Newmont Corporation CHESS’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of A$7.31 billion and a net profit of A$3.26 billion. In comparison, last year the company earned a revenue of A$5.01 billion and had a net profit of A$1.89 billion