Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Newmont Corporation due to a class action complaint alleging breaches of fiduciary duties by the board of directors [1][2] Summary by Relevant Sections Class Action Complaint - The complaint was filed on January 31, 2025, covering a Class Period from February 22, 2024, to October 23, 2024 [1] - Allegations include that defendants made false or misleading statements regarding Newmont's revenue outlook and production capabilities, creating a false impression of reliability [2] Investigation Details - The investigation focuses on whether the board of directors failed to fulfill their fiduciary responsibilities to the company [1] - The complaint claims that the defendants provided materially flawed statements of confidence and growth projections that did not consider critical variables [2]

Core Viewpoint - Newmont Corporation (NEM) is experiencing solid improvements in earnings estimates, which may lead to continued positive stock momentum [1][2]. Earnings Estimate Revisions - Analysts show growing optimism regarding Newmont's earnings prospects, reflected in upward revisions of earnings estimates, which correlate strongly with stock price movements [2]. - The current-quarter earnings estimate is $0.84 per share, a 52.73% increase from the previous year, with a 14.48% rise in consensus estimates over the last 30 days [5]. - For the full year, Newmont is expected to earn $3.83 per share, marking a year-over-year increase of 10.06%, with a 15.35% boost in consensus estimates over the past month [6][7]. Zacks Rank and Performance - Newmont has achieved a Zacks Rank 2 (Buy), indicating promising estimate revisions that suggest potential for further stock price appreciation [8]. - Historically, stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have significantly outperformed the S&P 500 [8]. Investment Outlook - The stock has increased by 16.6% over the past four weeks due to strong estimate revisions, suggesting that there may still be upside potential for investors [9].

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Newmont Corporation (NEM) currently holding a Momentum Style Score of A [2] - Style Scores complement the Zacks Rank, which has a strong track record of outperforming the market; NEM has a Zacks Rank of 2 (Buy) [3] Group 2: Newmont Corporation Performance - NEM shares have increased by 24.42% over the past week, outperforming the Zacks Mining - Gold industry, which rose by 14.44% [5] - Over the past quarter, NEM shares have risen by 34.24%, and over the last year, they have gained 45.1%, while the S&P 500 has moved -10.88% and 5.91%, respectively [6] - The average 20-day trading volume for NEM is 15,714,830 shares, indicating a bullish sign with rising stock prices [7] Group 3: Earnings Outlook - Recent earnings estimate revisions for NEM show 4 estimates moving higher and 1 lower, increasing the consensus estimate from $3.48 to $3.83 over the past 60 days [9] - For the next fiscal year, there have been 2 upward revisions and 2 downward revisions in earnings estimates [9] Group 4: Conclusion - Given the strong performance metrics and positive earnings outlook, NEM is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a promising pick for investors [11]

Core Viewpoint - Newmont Corporation (NEM) is currently viewed as a superior value option compared to Triple Flag Precious Metals (TFPM) based on various valuation metrics and earnings outlook [1][7]. Valuation Metrics - NEM has a forward P/E ratio of 14.60, while TFPM has a forward P/E of 29.68 [5]. - NEM's PEG ratio is 1.02, indicating a favorable earnings growth outlook compared to TFPM's PEG ratio of 1.16 [5]. - NEM's P/B ratio stands at 2.12, compared to TFPM's P/B of 2.56, suggesting NEM is more undervalued relative to its book value [6]. Earnings Outlook - NEM has a Zacks Rank of 2 (Buy), indicating an improving earnings outlook, while TFPM has a Zacks Rank of 3 (Hold) [3][7]. - The Zacks Rank emphasizes stocks with positive revisions to earnings estimates, which supports NEM's favorable position [3]. Value Grades - NEM has been assigned a Value grade of B, while TFPM has a Value grade of D, further highlighting NEM's stronger valuation profile [6].

Core Viewpoint - Newmont Corporation (NEM) is showing potential as a bullish investment opportunity due to a recent technical indicator known as a "golden cross" and positive earnings outlook [1][4]. Technical Analysis - NEM's 50-day simple moving average has crossed above its 200-day simple moving average, indicating a "golden cross" which often signifies a potential bullish breakout [1][2]. - A golden cross typically follows a downtrend, where the stock's shorter moving average crosses above the longer moving average, leading to a trend reversal and subsequent price increase [2][3]. Performance Metrics - Over the past four weeks, NEM has experienced a price increase of 16.6% [4]. - The stock currently holds a 2 (Buy) rating on the Zacks Rank, suggesting it may be poised for further breakout [4]. Earnings Outlook - The earnings outlook for NEM is positive, with no earnings estimates decreasing in the past two months, while there have been four upward revisions [4]. - The Zacks Consensus Estimate for NEM has also increased, reinforcing the bullish sentiment around the stock [4][5].

The upcoming report from Newmont Corporation (NEM) is expected to reveal quarterly earnings of $0.84 per share, indicating an increase of 52.7% compared to the year-ago period. Analysts forecast revenues of $4.54 billion, representing an increase of 13% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 14.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to ...

Valuation and Stock Performance - Newmont Corporation (NEM) is currently trading at a forward price/earnings ratio of 14.75X, which is approximately 12.1% lower than the Zacks Mining – Gold industry's average of 16.78X, indicating an attractive valuation [1] - NEM's stock has gained 45.1% over the past year, underperforming the industry average increase of 52.4% but outperforming the S&P 500's rise of 8.1% [15] Technical Indicators - Technical indicators show bullish momentum for NEM, as it has surpassed its 50-day simple moving average (SMA) and is trading above its 200-day SMA, suggesting a positive trend [2][4] Growth Projects and Acquisitions - Newmont is actively investing in growth projects such as the Tanami Expansion 2 in Australia and the Ahafo North expansion in Ghana, which are expected to enhance production capacity and extend mine life [6] - The acquisition of Newcrest Mining Limited has resulted in a robust portfolio with a multi-decade production profile, generating $500 million in annual run-rate synergies [8] Divestitures and Financial Health - Newmont has divested several non-core assets, generating total after-tax cash proceeds of approximately $2.55 billion from recent sales, contributing to a total expected gross proceeds of $4.3 billion from all disclosed divestitures [9] - The company reported a strong liquidity position of $7.7 billion at the end of 2024, with operating cash flow from continuing operations reaching $6.3 billion, a significant increase from $2.8 billion in 2023 [10] Gold Price Trends - Gold prices have increased by approximately 27% over the past year, driven by strong demand from central banks and geopolitical tensions, which is expected to positively impact Newmont's profitability [11][12] Earnings Estimates - Newmont's earnings estimates for 2025 have been revised upward, with the Zacks Consensus Estimate for 2025 earnings currently at $3.83, reflecting an expected year-over-year growth of 10.1% [14] Dividend and Shareholder Returns - NEM offers a dividend yield of 1.8% with a payout ratio of 29%, indicating a sustainable dividend backed by strong cash flows [13]

Core Insights - Newmont Corporation has completed the sale of its Akyem operation in Ghana and Porcupine operation in Canada, marking the end of its strategic divestiture program initiated in February 2024 [1] - The total gross proceeds from these divestitures are expected to reach up to $4.3 billion, with $3.8 billion from non-core asset sales and $527 million from other investments [2] - Following the sale of the Porcupine operation, Newmont acquired approximately 15% of Discovery Silver Corp's common shares, totaling 119,716,667 shares [3] - Newmont plans to periodically review its investment in Discovery and may adjust its holdings based on market conditions and other factors [4] - Newmont's shares have increased by 45.1% over the past year, compared to a 53.3% rise in the industry [6]

Group 1: Market Overview - The market has experienced sharp volatility recently, but not all stocks have been negatively impacted, with UnitedHealth (UNH), Newmont (NEM), and Sprouts Farmers Market (SFM) showing positive gains [1][8]. Group 2: Newmont (NEM) - Newmont is one of the largest gold producers globally, with active mines in Nevada, Peru, Australia, and Ghana, benefiting from a surge in gold prices, resulting in a nearly 50% year-to-date performance increase [4]. - The average gold price per ounce reached $2,643, up from $2,004 in the same period last year, contributing to a record free cash flow of $1.6 billion [5]. - Analysts have raised their EPS expectations for Newmont, reflecting a bullish near-term outlook [7]. Group 3: UnitedHealth (UNH) - UnitedHealth provides a comprehensive range of health benefits, with its Optum segment leveraging data and technology to enhance care delivery and health outcomes [9]. - The company is expected to report a 5% year-over-year EPS growth on 11% higher sales, having exceeded EPS estimates in the last 20 quarterly releases [10][11]. - UnitedHealth's domestic operations provide a buffer against tariff concerns [11]. Group 4: Sprouts Farmers Market (SFM) - SFM has shown strong performance, exceeding consensus EPS and sales expectations for the last ten quarters, with a stock increase of nearly 160% over the past year [12]. - The company reported $2.0 billion in sales, reflecting a 17% year-over-year growth, indicating strong demand [14]. - SFM holds a Zacks Rank 1 (Strong Buy), with a notably bullish EPS outlook [15]. Group 5: Conclusion - Despite ongoing market volatility and tariff headlines, UnitedHealth, Newmont, and Sprouts Farmers Market have all demonstrated upward momentum and possess bullish near-term EPS outlooks [16].

Group 1: Gold Market Overview - Gold has been one of the best-performing assets over the last 12 months, increasing by approximately 29% [1] - The price of gold has climbed an average of 9.7% over the last 25 years, although it underperforms compared to the SPY ETF's 27% annual return [2] - Gold serves as a hedge against inflation, maintaining its value during economic uncertainty [2] Group 2: Gold Mining Stocks - Newmont Corporation, the world's largest gold miner, has a current stock price of $56.57 with a 12-month price forecast of $54.55, indicating a potential downside of 3.57% [5] - Newmont's revenue and earnings saw significant year-over-year growth in 2024, benefiting from rising gold prices, with expectations for continued performance in 2025 [6] - Freeport-McMoRan, while not primarily a gold miner, has gold accounting for about 14% of its revenue, with a current stock price of $33.33 and a 12-month price forecast of $48.39, suggesting a 45.20% upside [7][8] - Barrick Gold, another major player, has a current stock price of $20.91 and a 12-month price forecast of $24.21, indicating a 15.77% upside, with significant exposure to gold [11][12]