When gold prices rise, so does the urge to merge. That old mining truth may be back in play, as UBS reckons the sector could be heading towards another bout of deal-making; this time between its biggest names, Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM) and Barrick Gold Corp. (TSX:ABX, NYSE:GOLD).
Investors interested in Mining - Gold stocks are likely familiar with Newmont Corporation (NEM) and Agnico Eagle Mines (AEM). But which of these two stocks presents investors with the better value opportunity right now?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
This isn't the time for investors to buy the dip, with geopolitical risks fading and bullion still up 53% for the year.
Major U.S. equities indexes climbed to all-time highs in intraday trading Monday amid growing optimism the U.S. and China could strike a trade deal. The Dow, Nasdaq, and S&P 500 all set fresh records.
Zacks.com users have recently been watching Newmont (NEM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
It's a surprise that gold prices are still sliding since the latest U.S. inflation report came in cooler than expected.
Newmont posted solid Q3'25 results, but long-term per-share growth metrics continue to lag peers, with free cash flow per share up just ~30% since 2010 ($1,200/oz gold price). Meanwhile, although Newmont has deleveraged at breakneck speed in 2025, it won't have the same tailwind of considerable asset sales and will see lower output at higher costs in 2026. Following a ~170% rally off its lows, NEM printed technical sell signals earlier this month above $90.00/share, I see a risk of a deeper correction & prefer other names currently.
NEM posts strong Q3 results as higher gold prices lift revenues nearly 20% and earnings more than double year over year.
Newmont Corporation (NEM) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, NEM broke through the 20-day moving average, which suggests a short-term bullish trend.
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM), the world's largest gold miner, reported stronger third-quarter results on Thursday evening as higher bullion prices lifted profit and free cash flow. Net income doubled from a year earlier to $1.8 billion, while adjusted profit rose to $1.9 billion, or $1.71 per share, beating estimates.
Newmont Corporation (NYSE:NEM ) Q3 2025 Earnings Call October 23, 2025 5:30 PM EDT Company Participants Neil Backhouse - Group Head of Investor Relations Tom Palmer - CEO & Director Natascha Viljoen - President & COO Conference Call Participants Daniel Major - UBS Investment Bank, Research Division Matthew Murphy - BMO Capital Markets Equity Research Joshua Wolfson - RBC Capital Markets, Research Division Lawson Winder - BofA Securities, Research Division Anita Soni - CIBC Capital Markets, Research Division Tanya Jakusconek - Scotiabank Global Banking and Markets, Research Division Fahad Tariq - Jefferies LLC, Research Division Daniel Morgan - Barrenjoey Markets Pty Limited, Research Division Hugo Nicolaci - Goldman Sachs Group, Inc., Research Division Ralph Profiti - Stifel Nicolaus Canada Inc., Research Division Presentation Operator Hello, and welcome to Newmont's Third Quarter 2025 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.