The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
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?
While a rising gold price can lift all miners, the ability to translate that revenue into a powerful balance sheet and direct shareholder returns is a true test of leadership. Newmont Corporation NYSE: NEM, the world's largest gold producer, recently demonstrated how this is done.
Orosur Mining Inc (AIM:OMI, TSX-V:OMI) told investors that Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM) has now sold off its shareholding in the company, as part of a wider disposal strategy by the North American gold miner. Newmont sold its 9.40% holding to several institutional long-term investors, fetching C$0.19 per share.
TRMK, NEM and PFS made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 31, 2025.
NEM trims Q2 AISC by 4%, but rising capital spending may challenge its cost edge in the coming quarters.
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Newmont (NEM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
NEM posts record $1.7B Q2 free cash flow, but looming headwinds raise questions about sustaining the momentum.
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM) delivered a very strong quarter, according to analysts at Jefferies who raised their price target on the stock citing beats across production, earnings and free cash flow. The analysts raised their price target to $73 from $68, implying upside of 19% from current levels.
Newmont (NEM) shares jumped Friday after the gold mining giant posted quarterly earnings that topped expectations, with a boost from soaring gold prices. It also announced a new share repurchase program.
NEM beats Q2 estimates with higher gold prices, driving a 21% revenue jump and nearly doubling adjusted EPS.