Newmont (NEM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Newmont Corporation (NEM) closed at $115.59 in the latest trading session, marking a -1.33% move from the prior day.
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In the latest trading session, Newmont Corporation (NEM) closed at $113.54, marking a -2.45% move from the previous day.
Recently, Zacks.com users have been paying close attention to Newmont (NEM). This makes it worthwhile to examine what the stock has in store.
Newmont (NEM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Newmont NYSE: NEM said it is focused on converting a constructive gold market, operational improvements and portfolio investments into sustainable per-share value, as the company reported record free cash flow during the first half of 2026.
Newmont Corporation (NEM) Presents at Mining Forum Americas 2026 Transcript
Newmont is rated Buy, downgraded from Strong Buy, as gold and mining stocks remain fundamentally supported despite recent headwinds. NEM's Q2 results showed lower realized gold prices and higher AISC, leading to annualized FCF and EBITDA estimates of ~$10.6B and $18B, below prior projections. Despite a hawkish Fed and higher oil prices, structural drivers like fiscal deficits and long-term rates support gold's resilience and NEM's investment case.
Gold and interest rates tend to move in opposite directions. Higher interest rates are bullish for the dollar, raising the appeal of yield-bearing assets like bonds, making gold, which pays no yield, less attractive.
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, XETRA:NMM) remains UBS's preferred large-cap gold miner, with the bank citing clarity on capital returns and a path to growing production per share. The key overhang on Newmont's investment case, a potential large payment to Barrick to equalize ownership of the Fourmile project in their Nevada joint venture, was resolved in August, the analysts noted.
In the latest trading session, Newmont Corporation (NEM) closed at $121.76, marking a -1.96% move from the previous day.