Wed 1/5/2011 6:11 AM – AFTER YESTERDAY’S DECLINE OF 3.32%, NEWMONT MINING OFFERS INVESTORS BETTER VALUE (NEM)

Jan 05, 2011 (SmarTrend(R) News Watch via COMTEX) — Newmont Mining (NYSE:NEM) traded in a range yesterday that spanned from a low of $58.25 to a high of $60.26. Yesterday, the shares fell 3.32%, which took the trading range below the 3-day low of $60.90 on volume of 12 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean revision.

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