Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
Gold prices and NEM’s stock prices are correlated strongly.
In the first quarter of 2023, NEM’s average realized gold price was $1906 per ounce, which increased 8.4% QoQ and 1.0% YoY.
Thus, NEM’s cash flow from operation can increase, making the company able to carry out its expanding projects and increase dividends.