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Gold/Mining/Energy : Newmont Mining

NEM 80.99

-1.6%

Oct 31 3:59 PM EDT

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From: sammy™ -_-	3/28/2007 10:13:05 PM
	of 27

Newmont downgraded by HSBC By Todd Flagg 28 Mar 2007 at 04:06 PM Shares of Newmont [NYSE: NEM] dropped as an analyst with HSBC downgraded the rating of the company. Because of production declines ahead and few growth drivers on the horizon, HSBC reduced the rating of the company from “overweight” to “neutral.” Newmont gave up $1.01, or 2.3%, to close at $42.72 on the New York Stock Exchange. The stock has traded between $39.84 and $59.70 in the past 52 weeks and is down about 13% in the same period. resourceinvestor.com

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