Newmont Mining (NEM) has disclosed a new risk, in the Corporate Activity and Growth category.
The impending merger with Newcrest presents Newmont Mining with a myriad of managerial, operational, and financial challenges. The adequacy of Newmont’s systems, procedures, and controls to support the expanded operations remains uncertain, with increased costs and complexity at stake. The company’s future performance hinges on its leadership’s proficiency in navigating fluid business environments, successfully integrating with Newcrest, and enhancing its operational and financial reporting frameworks. Any shortcomings in these areas could have significant repercussions on Newmont’s post-merger success.
The average NEM stock price target is $44.13, implying 41.22% upside potential.
To learn more about Newmont Mining’s risk factors, click here.
