Newmont Mining upgraded to Sector Performer from Underperformer at CIBC CIBC upgraded Newmont Mining to Sector Performer citing valuation and higher confidence in the company's 2014 outlook following its Q1 results. CIBC raised its price target for shares to $33 from $27.
News For NEM From The Last 14 Days
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Goldcorp showed interest in Newmont Ghana mines, Bloomberg says Goldcorp (GG) showed interest in potentially buying gold mines in Africa from Newmont Mining (NEM) while the latter was in merger talks with Barrick Gold (ABX) earlier this year, said Bloomberg, citing people familiar with the situation. Reference Link