Newmont Stock Down 25% - Adding To The YT Portfolio (GOLD ALL-WEATHER STRATEGY)

TL;DR

Adding to Newmont stock position due to market conditions and dividend yield.

Transcript

good day fellow investors new month stock is part of our youtube portfolio it's time to increase the position because the gold stock is down so we bought it not even a month a month and something ago a lot down and it's time to add let's first check the stock price so over the last six months newmont has fallen 50 this is it with gold miners and th... Read More

Key Insights

• 🧘 Newmont's stock position is being increased due to market conditions and falling stock price.
• 🏅 Discussions on Newmont's dividend policies and impact of gold prices on profitability.
• 🥶 Insights into Newmont's earnings, free cash flows, and inflation-related cost escalation.
• 🛟 Newmont's stability as a gold producer with diversified assets and reserves.
• 💦 UBS suggests deep value opportunity in Newmont stock after recent drops.
• 🌍 Interactive Brokers is recommended for trading and investing in international markets.
• 🧘 Portfolio strategy involves gradually adding to Newmont stock position based on market conditions.

Questions & Answers

Q: Why is it time to increase the position in Newmont stock?

It's due to the significant drop in the stock price over the last six months, presenting an opportunity to add before potential recovery.

Q: How does Newmont handle dividend yield and what impact does it have on stock valuation?

Newmont aims to maintain a high dividend yield, but if gold prices drop, the dividend may be cut, affecting stock valuation.

Q: What factors contribute to the volatility of gold miners' stocks like Newmont?

Gold miners' stocks are volatile due to fluctuations in gold prices, impacting their profit margins and ultimately the stock price.

Q: How does Newmont manage inflation and rising costs in its mining operations?

Newmont faces challenges from higher labor costs, materials prices, and diesel costs, but it continues to focus on profitability and sustaining the dividend yield.

Summary & Key Takeaways

• Newmont stock has fallen 50% in the last six months, prompting an increase in the portfolio position.

• Discussion on Newmont's all-weather gold exposure portfolio and volatility in gold prices.

• Insights into Newmont's earnings, dividend concerns, free cash flows, and inflation impact.