Newmont to Repurchase up to $1 Billion of Stock - ngt.to will up??

swing123 wrote: ↑ will it mean that its stock will go up in next year??

Pros and cons of stock buyback at Investopedia.

As Newmont's production is 95% gold, and stock price is 60% positively correlated to price of gold, I'd say that whatever gold does will determine the rise and fall of Newmont price.