Newmont shares took off Friday after the gold mining giant posted quarterly profits that topped analysts' estimates, boosted by higher gold prices. https://t.co/or6H58Ngir ...

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To gain an edge, this is what you need to know today.Necessary AntidotePlease click here for an enlarged chart of gold miner Newmont Corporation NEM.Note the following:This article is about the big picture, not an individual stock.  The chart of NEM is being used to illustrate the point.The chart shows the rise in NEM so far this year. The chart shows the upward trendline in NEM stock.The chart shows the gap up on earnings.The chart shows negative divergence in RSI.  This indicates internal momentum is slow ...

Key Takeaways NEM posted Q2 adjusted EPS of $1.43, up 99% year over year and above the $1.04 consensus estimate.Revenue rose 20.8% to $5.32B on a 41% jump in realized gold prices.NEM's AISC rose 2% to $1,593/oz, while cash surged 138% and debt fell 18% year over year.Newmont Corporation (NEM) reported second-quarter 2025 earnings from continuing operations of $1.85 per share compared with 73 cents in the year-ago quarter.Barring one-time items, adjusted earnings were $1.43 per share, up from 72 cents report ...

I am happy that I bought shares of Newmont Corporation (NYSE: NEM ) just before the New Year 2025 because this investment returned me more than 60% since late December . As a leading gold producer, Newmont capitalizesComing from an IT background, I have dived into the U.S. stock market seven years ago by managing portfolio of my family. Starting managing real money has been challenging for the first time, but long hours of mastering fundamental analysis of public companies paid off and now I feel very confi ...

Core Insights - Newmont Corporation reported a revenue of $5.32 billion for the quarter ended June 2025, marking a 20.8% increase year-over-year and a surprise of +16.03% over the Zacks Consensus Estimate of $4.58 billion [1] - The earnings per share (EPS) for the quarter was $1.43, significantly higher than the $0.72 reported in the same quarter last year, resulting in an EPS surprise of +37.5% compared to the consensus estimate of $1.04 [1] Financial Performance Metrics - Newmont's stock has returned +5.8% over the past month, slightly outperforming the Zacks S&P 500 composite's +5.7% change, and currently holds a Zacks Rank 2 (Buy) [3] - Attributable Gold Production from Yanacocha was 131.00 Koz, exceeding the two-analyst average estimate of 112.26 Koz [4] - Consolidated silver production was reported at 8,000.00 Koz, surpassing the average estimate of 7,064.04 Koz [4] Geographic Revenue Breakdown - Revenue from Nevada Gold Mines was $783 million, exceeding the estimated $747.19 million, representing a +39.1% change year-over-year [4] - Peñasquito generated $815 million in revenue, significantly higher than the estimated $699.12 million, reflecting a +125.8% year-over-year increase [4] - Merian's revenue was reported at $223 million, compared to the average estimate of $153.38 million, indicating a +114.4% change year-over-year [4] - Cerro Negro's revenue reached $112 million, surpassing the estimated $92.4 million, with a +12% change year-over-year [4] - Yanacocha's revenue was $446 million, exceeding the average estimate of $244.48 million, representing a remarkable +237.9% change year-over-year [4] - Lihir's revenue was $517 million, compared to the average estimate of $478.17 million [4] - Tanami's revenue was $297 million, exceeding the estimated $262.73 million, with a +21.7% change year-over-year [4] - Ahafo generated $657 million in revenue, surpassing the average estimate of $528.69 million, reflecting a +149.8% year-over-year change [4]

Core Insights - Newmont Corporation (NEM.US) has achieved significant progress in cost control, resulting in better-than-expected earnings performance amid rising precious metal prices [1][2] - The company reported Q2 revenue of $5.32 billion, a year-over-year increase of 20.9%, exceeding market expectations by $400 million [1] - Non-GAAP earnings per share for Q2 reached $1.43, surpassing market expectations by $0.27 [1] Financial Performance - Net profit surged from $838 million in the same period last year to $2.06 billion this quarter [2] - The average gold price for the quarter was $3,320 per ounce, a 41% increase compared to $2,347 per ounce in the same quarter of 2024 [2] - The all-in sustaining cost for gold production decreased by approximately 4% to $1,593 per ounce, better than analyst expectations [2] Operational Highlights - The cost reduction is attributed to decreased operating expenses, particularly from two mines in Australia and the Lihir mine in Papua New Guinea [2] - Gold production decreased by 4% year-over-year to 1.48 million ounces due to the divestment of non-core assets following the $17.1 billion acquisition of Newcrest Mining [2] Market Context - The demand for safe-haven assets has surged due to global trade uncertainties and conflicts in Ukraine and the Middle East, contributing to a cumulative gold price increase of over 25% this year [3] - Newmont announced a $3 billion stock buyback program and confirmed its annual production target of 5.9 million ounces remains unchanged [3]

Financial Data and Key Metrics Changes - Newmont reported strong financial results in Q2 2025, with cash flow from operations reaching $24.4 billion and a record quarterly free cash flow of $1.7 billion, of which over $1.5 billion (90%) was generated by core managed operations [8][21][23] - The company generated $2.4 billion in adjusted EBITDA and reported an adjusted net income of $1.43 per share, with significant adjustments related to asset divestments and market gains [20][21] - Gold all-in sustaining costs for the quarter were $15.93 per ounce on a co-product basis, slightly below full-year guidance, while on a by-product basis, costs were $13.75 per ounce [18][19] Business Line Data and Key Metrics Changes - Newmont produced 1.5 million ounces of gold and 36,000 tonnes of copper, aligning with full-year guidance [6][7] - Production from Cadia exceeded expectations due to higher-grade ore, while Penasquito's production is expected to shift from gold to a higher proportion of silver, lead, and zinc in Q4 [11][12] - Lihir showed steady production but is expected to decline in the second half due to processing lower-grade material [12][14] Market Data and Key Metrics Changes - The company expects to generate approximately $3 billion in after-tax cash proceeds from its divestment program in 2025, with $470 million expected from recent asset sales [8][22] - Newmont's cash balance at the end of Q2 was $6.2 billion, significantly above the target of $3 billion, and the company retired $372 million of debt [21][22] Company Strategy and Development Direction - Newmont's strategic priorities include strengthening safety culture, stabilizing operations, and executing capital returns, with a focus on internal capital allocation rather than acquisitions [5][9][28] - The company is committed to returning capital to shareholders through dividends and share repurchases, with an additional $3 billion share repurchase program approved [9][23] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the recent incident at Red Chris but emphasized strong operational performance and commitment to safety [5][24] - The company remains on track to meet its 2025 guidance, with expectations for steady production and cash flow in the second half of the year [21][23] Other Important Information - The company is actively working on optimizing operations across its portfolio, focusing on cost discipline and productivity enhancements [14][15][66] - Management highlighted the importance of ongoing projects, including the Ahafo North and Tanami expansions, and the need for careful planning and execution [16][70] Q&A Session Summary Question: Capital allocation priorities regarding acquisitions - Management stated that the focus is on internal capital allocation, primarily buying back Newmont stock, rather than pursuing acquisitions [26][28] Question: Management changes and succession planning - Management expressed confidence in the existing finance team and highlighted the promotion of Natasha Viljoen to President as part of ongoing leadership development [30][34] Question: Cash flow outlook and working capital impacts - Management indicated that free cash flow generation is expected to remain steady, with increased sustaining capital and reclamation spending impacting cash flow in the second half [36][38] Question: Production expectations for Cadia and Penasquito - Management explained that production is expected to decline due to lower grades in the second half, with a natural progression in mining sequences [44][46] Question: Improvements at Lihir and future CapEx - Management noted significant improvements in productivity at Lihir and emphasized the importance of ongoing capital spending to enhance operations [53][55] Question: Trends in underlying cost structure and inflation - Management reported that costs are in line with expectations, with no significant inflationary impacts observed [63][66] Question: Production guidance and adjustments - Management clarified that production guidance remains cautious, with a focus on meeting expectations while accounting for potential risks in the second half [72][74] Question: Updates on Tanami and Ahafo projects - Management confirmed that risks associated with the Tanami shaft works have been mitigated and that Ahafo North is on track for commissioning [78][80] Question: Status of non-core asset positions - Management indicated that positions in Greatland Gold and Orla are considered non-core and may be divested in the future [94][96]

Financial Data and Key Metrics Changes - Newmont reported strong financial results in Q2 2025, with cash flow from operations reaching $24.4 billion and a record quarterly free cash flow of $1.7 billion, of which over $1.5 billion (90%) was generated by core managed operations [6][20][23] - The company generated $2.4 billion in adjusted EBITDA and reported an adjusted net income of $1.43 per share, with significant adjustments related to asset divestments and market gains [19][20] - Gold all-in sustaining costs for the quarter were $15.93 per ounce on a co-product basis, slightly below full-year guidance, while on a by-product basis, costs were $13.75 per ounce [18][19] Business Line Data and Key Metrics Changes - Newmont produced 1.5 million ounces of gold and 36,000 tonnes of copper in Q2 2025, aligning with full-year guidance [5][6] - Production from Cadia exceeded expectations due to higher-grade ore, while Penasquito's production is expected to shift from gold to a higher proportion of silver, lead, and zinc in Q4 [10][11] - Lihir showed steady production, but a decline is anticipated in the second half due to processing lower-grade material [12][13] Market Data and Key Metrics Changes - The company expects to generate approximately $3 billion in after-tax cash proceeds from its divestment program in 2025, with $470 million expected from recent asset sales [6][22] - Newmont's cash balance at the end of Q2 was $6.2 billion, significantly above the target of $3 billion [21] Company Strategy and Development Direction - Newmont's strategic priorities include strengthening safety culture, stabilizing operations, and executing capital returns to shareholders [4][6] - The company is focusing on internal capital allocation, primarily through share buybacks, rather than pursuing acquisitions [27][28] - The company is committed to maintaining a strong balance sheet while funding cash-generative organic projects and returning capital to shareholders [20][21] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the recent incidents at Red Chris but emphasized strong operational performance and commitment to safety [4][24] - The company remains on track to meet its 2025 guidance, with expectations of steady production and cash flow in the second half of the year [20][23] - Management expressed confidence in the ongoing optimization of operations and the potential for future growth through organic projects [10][66] Other Important Information - Newmont has retired $372 million of debt and returned over $1 billion to shareholders through dividends and share repurchases [7][22] - An additional $3 billion share repurchase program has been approved, doubling the total authorization to $6 billion [8][23] Q&A Session Summary Question: Capital allocation priorities regarding acquisitions - Management stated that the focus is on internal capital allocation, particularly share buybacks, rather than pursuing acquisitions [27][28] Question: Management changes and succession planning - Management confirmed that the interim CFO is capable and that the company is focused on leadership development, with no immediate concerns regarding succession [30][34] Question: Cash flow outlook and working capital impacts - Management indicated that free cash flow generation will remain steady, with expected increases in sustaining capital and reclamation spending impacting cash flow in the second half [36][39] Question: Production guidance and expectations for Cadia and Penasquito - Management explained that production is expected to decline in the second half due to lower grades, but they remain cautious and on track to meet guidance [71][72] Question: Updates on Tanami and Ahafo projects - Management confirmed that risks associated with the Tanami shaft works have been mitigated and that Ahafo North is on track for commissioning [75][78] Question: Status of non-core asset positions - Management categorized positions in Greatland Gold and Orla as non-core, indicating a focus on simplifying the portfolio [91] Question: Productivity improvements across the portfolio - Management highlighted opportunities for productivity enhancements at various assets, particularly at Lihir and Cerro Negro [96]

Newmont Corporation (NEM) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +37.50%. A quarter ago, it was expected that this gold and copper miner would post earnings of $0.84 per share when it actually produced earnings of $1.25, delivering a surprise of +48.81%.Over the last four qua ...