Q: Hi! I just read that Newmont is delisting from TSX. I own this in a non-registered account. What happens to the shares, and do I need to sell and then rebuy on the US exchange? Thank you!
Q: I have two small holdings in the materials sector, EQX (1% of portfolio) and NGT (1.5% of portfolio). I am thinking of consolidating them. NGT is the larger company by far, and has faced some negative investor sentiment recently, but to my knowledge, remains profitable and should perform better in the next several quarters. EQX has had better recent momentum, but is much smaller than NGT. This would be for a longer-term hold.
An alternative strategy would be to sell both and purchase another gold mining company with these funds.
I would appreciate any thoughts or insights you would be willing to share. Thanks so much, and I look forward to your reply.
An alternative strategy would be to sell both and purchase another gold mining company with these funds.
I would appreciate any thoughts or insights you would be willing to share. Thanks so much, and I look forward to your reply.
Q: Record(?) or near-record free cash flow of $760M, $2B in additional buybacks announced. Bought back ~$750M of stock since Feb 2024 (~2% of shares outstanding). Gold currently ~$300/oz higher than their average selling price in Q3 of $2518. Surely slightly higher costs aren't that important in the context of the gold price being so strong and the large buybacks.
The old adage is to date the mining companies and marry the royalty companies. Is now a good entry to start dating Newmont?
The old adage is to date the mining companies and marry the royalty companies. Is now a good entry to start dating Newmont?