A Look Into Newmont Inc's Price Over Earnings
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Newmont Inc. (NYSE:NEM) stock is currently priced at $99.76, reflecting a 5.69% decrease. Despite this, the stock has increased by 10.26% over the past month and 168.03% over the past year. The company's P/E ratio is lower than the industry average of 39.67, suggesting it may be undervalued. However, a lower P/E can also indicate limited growth expectations. Investors should consider the P/E ratio alongside other financial metrics and qualitative factors for informed decisions.
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