Newmont Corporation (NEM) Provides Update Following Seismic Event

Newmont Corporation (NYSE:NEM) is one of the best non-tech stocks to buy according to analysts. Newmont Corporation (NYSE:NEM) provided an update on June 21 following a seismic event that occurred on Friday, June 19, near its Cadia operations in New South Wales. It reported that all underground personnel were returned to the surface at the time of the seismic event safely, with no reported injuries and no recorded damage to infrastructure. It added that the underground and aboveground inspections were completed, with operations resuming over the weekend following a staged restart. Newmont Corporation (NYSE:NEM) also stated that the safety and well-being of its workforce remains its top priority.

In a separate development, Newmont Corporation (NYSE:NEM) received a rating update from CIBC on June 1, with the firm lowering the price target on the stock to $175 from $176 and maintaining an Outperformer rating on the shares after incorporating the stronger-than-expected Q1 results and updating the firm's model for higher expected costs and for the second half cadence and outlook.

Newmont Corporation (NYSE:NEM) explores and acquires gold properties containing copper, silver, lead, zinc

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/newmont-corporation-nem-provides-following-164530451.html)