Newmont Corporation (NEM)
Newmont: Improved Free Cash Flow Generation On The Back Of Record Gold Prices
Newmont Corporation had a satisfactory Q3 2024 operationally, though partially dragged down by another relatively soft quarter at NGM and a slower than planned ramp-up at PV 14MTPa Expansion. Meanwhile, costs rose sharply year-over-year to $1,611/oz with a $30/oz+ impact from higher gold prices (royalties), but the record gold price fortunately picked up all the slack. In this update, we'll dig into the Q3 '24 results, recent developments, and whether NEM is an attractive investment at current levels.
Newmont Stock Is Dropping. Here's Why.
The gold miner's third-quarter report came up short on earnings and sales.
Newmont's Earnings Miss, Revenues Surpass Estimates in Q3
Higher average realized gold prices and sales volumes aid NEM's third-quarter performance.
Newmont Corporation (NEM) Q3 Earnings Lag Estimates
Newmont Corporation (NEM) came out with quarterly earnings of $0.81 per share, missing the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.36 per share a year ago.
Wall Street Bulls Look Optimistic About Newmont (NEM): Should You Buy?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Is Newmont Stock a Smart Buy Before Q3 Earnings Release?
NEM is expected to have benefited from increased production volumes, lower unit costs and higher gold prices in the third quarter.
Here is Why Growth Investors Should Buy Newmont (NEM) Now
Newmont (NEM) could produce exceptional returns because of its solid growth attributes.
What Makes Newmont Corporation (NEM) a Strong Momentum Stock: Buy Now?
Does Newmont Corporation (NEM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Newmont Corporation (NEM) Earnings Expected to Grow: Should You Buy?
Newmont (NEM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Newmont Partners MKS PAMP to Offer Traceable Gold Bar to Consumers
NEM and MKS PAMP collaborate to deliver traceable gold bar to consumers as a way to honor their long-standing collaboration.
Newmont Corporation (NEM) Rises As Market Takes a Dip: Key Facts
The latest trading day saw Newmont Corporation (NEM) settling at $55.68, representing a +1.57% change from its previous close.
Newmont Corporation (NEM) Rises Higher Than Market: Key Facts
Newmont Corporation (NEM) reachead $54.82 at the closing of the latest trading day, reflecting a +0.96% change compared to its last close.
