Newmont beats Q1 earnings and revenue estimates as soaring gold prices drive strong year-over-year growth despite lower production.
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.
The PHLX Gold/Silver Sector (^XAU) is nursing a roughly 3% pullback this week as the safe-haven bid that powered bullion to record territory fades.
Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, XETRA:NMM) shares rose nearly 3% on Friday after the world's largest gold miner posted stronger-than-expected first-quarter earnings and free cash flow, helped by higher gold prices, stronger production and lower costs. The company also said it had exhausted its previous $6 billion share repurchase authorization and approved an additional $6 billion buyback program, underscoring confidence in cash generation despite cost pressures tied to higher oil prices and increased royalties in Ghana.
The headline numbers for Newmont (NEM) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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.
Beyond analysts' top-and-bottom-line estimates for Newmont (NEM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2026.
B and NEM navigate volatile gold prices with strong project pipelines and cash flows, even as rising costs and weaker output pressure near-term performance.
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.
Newmont Corporation (NYSE:NEM) just received a sobering reality check from Wall Street.
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.
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.