Newmont Corporation (NEM)
Newmont Stock: Stake a Claim in the World's Largest Gold Miner
Newmont Co. NYSE: NEM is the world's largest gold mining company. The company engages in the exploration, development, and production of not only gold but also copper, silvers, zinc, lead, lithium, coal, nickel, and aggregates.
Top 2 Materials Stocks That May Crash In Q3
As of Aug 2, 2024, two stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Earnings Estimates Moving Higher for Newmont (NEM): Time to Buy?
Newmont (NEM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Newmont Corporation (NEM) Just Overtook the 20-Day Moving Average
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 (NEM) is Attracting Investor Attention: Here is What You Should Know
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.
Newmont: Buy The Dip As The Bullish Thesis Plays Out As Forecast
Newmont's Q2 results were in line with my forecast. I'm buying the dip as cash flow will increase further, NEM is still undervalued, and asset sales will act as a bullish catalyst. The shares could still drift lower before they reverse, but I still expect NEM to hit new highs for the year within the next few months.
Newmont Corporation (NEM) Q2 2024 Earnings Call Transcript
Newmont Corporation (NYSE:NEM ) Q2 2024 Earnings Conference Call July 25, 2024 11:00 AM ET Company Participants Thomas Palmer - President and CEO Natascha Viljoen - EVP and COO Karyn Ovelmen - EVP and CFO Conference Call Participants Lawson Winder - Bank of America Securities Daniel Major - UBS Tanya Jakusconek - Scotiabank Matthew Murphy - Jefferies Anita Soni - CIBC Wall Markets Bob Brackett - Bernstein Research Brian MacArthur - Raymond James Michael Parkin - National Bank Operator Good morning, and welcome to Newmont's Second Quarter 2024 Earnings Call. [Operator Instructions].
Newmont: Q2 Margins Soar On Back Of Record Gold Price
Newmont reported mediocre Q2 operating results with production dragged down by a suspension of operations at Cerro Negro and weaker output from NGM and Pueblo Viejo. Fortunately, higher metals prices (namely gold) picked up all of the slack, helping Newmont to report higher AISC margins of $785/oz and return to significant free cash flow generation. In this update, we'll dig into the Q2 results, recent developments, and whether the stock is worthy of investment ahead of further margin gains in 2025.
Mining Stock Tumbles as Oil Prices Soften
Newmont Corporation (NYSE:NEM) stock is down 3.5% to trade at $46.07 at last check, brushing off a second-quarter earnings and revenue beat as gold prices soften.
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Newmont's (NEM) Earnings and Revenues Beat Estimates in Q2
Newmont (NEM) beats respective earnings and sales estimates in the second quarter on higher gold production.
Newmont generates $594 million in free cash flow in Q2
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
