Newmont has surged 85% year-to-date, outperforming peers and benefiting from a robust gold market and operational improvements. The company reported record Q2 free cash flow of $1.7 billion and a 25% earnings beat, highlighting financial discipline and portfolio optimization. Ongoing divestitures and focus on Tier 1 assets have expanded margins and created a higher-quality, more resilient business model.
Newmont Corporation (NEM) closed at $74.4 in the latest trading session, marking a +1.96% move from the prior day.
Newmont remains a top gold mining pick, but I am downgrading from Strong Buy to Buy after a stellar run and rising macro equity risks. Despite solid 2025 outperformance versus the S&P 500 and still attractive valuations, looming recession risk and financial market liquidity concerns warrant near-term caution. I am trimming my Newmont position, rotating capital into bullion ETFs, as mining stocks could be sold off in a broad market retreat or recession.
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.
Newmont slashes $1.4B in debt since the beginning of 2025, fueled by surging cash flow and higher gold prices.
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Newmont surges 85% YTD on gold price strength, rising earnings estimates, and solid cash flow, underscoring its growth potential.
Here is how Newmont Corporation (NEM) and Pan American Silver (PAAS) have performed compared to their sector so far this year.
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Investors should buy the world's largest gold miner to make their portfolios glitter.
Does Newmont Corporation (NEM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Recently, Zacks.com users have been paying close attention to Newmont (NEM). This makes it worthwhile to examine what the stock has in store.