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✍️  Newmont Corporation, a gold and precious metals miner, is considered one of the most undervalued long-term stocks to buy according to hedge funds.
👉 Newmont Corporation is considered one of the most undervalued long-term stocks to buy according to hedge funds
👉 Canaccord upgraded Newmont Corporation to a "Buy" rating with a price target of $86
👉 Newmont Corporation produced 1.5 million attributable gold ounces and generated quarterly FCF of $1.7 billion
👉 Newmont's FCF rose 42% from the prior quarter
👉 The company expects to receive over $3.0 billion in after-tax cash proceeds from its divestiture program this year

#business
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