Now let's talk about a stock that I've talked about a lot in relation to the gold mining sector, which is Newmont. We have seen good growth across the sector over the past fifty-two weeks.
This stock rose by nearly 70%. So, what are your expectations regarding Newmont?
Ah, yes. I mean, I like the technical setup of this stock. I would be interested to know how Rick views this as well. But for me, the fact that he has lost some of his gains now makes it seem that he is ready to regain some of that upward momentum.
We have a challenge ahead of us when we look at it from a technical point of view, which is the double top he recorded in January and February that he has not been able to surpass.
But I think if he succeeds in that, there will be opportunities for further gains. Also, I want to point out, Marley, something that I think will really help this stock move forward, and that is focusing on copper as well.
Certainly, it is viewed as a gold mining company, but I think it is also heavily involved in copper exploration, and I believe that will continue to help the stock in the future.