The stock of Newmont Mining, the world's largest gold producer, has above-average volatility but a relatively low beta.

Name: The stock of Newmont Mining, the world's largest gold producer, has above-average volatility but a relatively low beta.
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Quizplus · Accepted Answer

This statement is true. Newmont Mining's stock has above-average volatility, meaning it experiences more price fluctuations than the average stock. However, its beta is relatively low, meaning it is less sensitive to market movements overall.

The Stock of Newmont Mining, the World's Largest Gold Producer