Newmont Mining (NEM.US) takes off with the rise in gold prices, but is met with a reality check from Macquarie.

Wisdom Financial App learned that due to the price of gold breaking through $3500 per ounce, reaching a historic high, the stock price of Newmont Mining (NEM.US) has also risen. However, Macquarie has downgraded the rating of the mining company from "outperform the market" to "neutral" and lowered the target price to $72, citing a 25% increase in the company's stock price since the end of June.