Key Takeaways Among its major peers, Barrick Mining Corporation (B) reported a free cash flow of $375 million for the first quarter, a nearly 12-fold year-over-year rise. The surge reflects Barrick's higher operating cash flows driven by an uptick in realized gold and copper prices. Barrick reduced net debt by 5% during the quarter, leveraging healthy free cash flow generation. Agnico Eagle Mines Limited (AEM) also generated solid first-quarter free cash flows of $594 million, up around 50% year over year, ...

智通财经7月28日电，加拿大丰业银行将纽曼矿业目标价从69美元上调至72美元。 ...

Group 1 - Morgan Stanley maintains an "overweight" rating on Newmont Corporation (NEM.US) and raises the target price to $104 [1] - Newmont's Q2 gold equivalent ounce production exceeded expectations, surpassing Morgan Stanley's forecast by 4%, driven by strong output from Cadia and Peñasquito, leading to a 14% revenue growth and a 33% increase in adjusted EBITDA [1] - The company's net debt of $1.4 billion is significantly lower than Morgan Stanley's expectation of $2.7 billion, attributed to lower-than-expected capital expenditures and the release of working capital during the quarter [1] Group 2 - Newmont announced a new $3 billion share buyback plan [1] - The attributable gold production was 8% higher than Morgan Stanley's expectations, while by-product gold equivalent ounces (GEO) were 9% lower than expected, resulting in a total gold equivalent production that was 4% above expectations [1] - The company provided guidance for Q3, expecting core production to remain flat compared to the previous quarter, with certain joint venture assets and specific mines projected to increase while others are expected to decline [1][2] Group 3 - Morgan Stanley views the current production guidance as conservative and models an annual core production of 5.7 million ounces with a total sustaining cost of $1,526 per ounce [2] - The firm remains optimistic about the outlook for gold and considers Newmont a compelling income choice in the current environment [3]

Group 1: Hong Kong Stock Market Highlights - New China Life Insurance (01336) rose over 5%, reaching a historical high, while China Life (2628.HK) increased by 4.4%, AIA (1299.HK) by 3.5%, and China Pacific Insurance (2601.HK) by nearly 2% following the release of the 2Q25 predetermined interest rate of 1.99% by the insurance industry association [1] - Heng Rui Pharmaceutical (1276.HK) opened up 10.65% after announcing a global exclusive licensing agreement with GSK for the HRS-9821 project, excluding mainland China and certain regions [1] - Guangshen Railway (00525.HK) saw a peak increase of over 9% after signing a cooperation agreement for the Guangzhou East Station renovation project, with a total investment of approximately 16.66 billion yuan [1] Group 2: Other Notable Stock Movements - MicroPort Medical (00853.HK) surged over 8% as major shareholders agreed to sell a total of 291 million shares to various buyers, including funds under Shanghai Industrial Capital [2] - China Tobacco Hong Kong (06055.HK) rose over 5% following the release of a draft management regulation for domestic duty-free tobacco products by the National Tobacco Monopoly Administration [2] - Shenghua Land (08106) saw its stock price soar over 200% after a share acquisition agreement was reached [2] - Jiufang Zhitu Holdings (09636) increased over 10% after announcing a profit forecast for the first half of the year, expecting a net profit of 830 to 870 million yuan, a turnaround from a net loss of 174 million yuan in the same period last year [2] - Lianlian Digital (02598) rose over 7% as a report highlighted the significant role of third-party payment institutions in cross-border and multi-currency settlement services [2] Group 3: Macau Gaming Sector Performance - Gaming stocks saw a general increase, with Amax Holdings (00880) up 10.39%, Melco International Development (00200) up 5.64%, and Sands China (01928) up 3.25%. UBS reported that the average daily gaming revenue in Macau for the past week was 657 million patacas, a slight decline due to typhoon impacts, but still showing a year-on-year growth of approximately 14% [3] Group 4: US Stock Market Highlights - AMD (AMD.US) rose 2.68% as it achieved a 50% market share in the server CPU market, matching Intel for the first time [4] - Newmont Corporation (NEM.US) increased by 6.89%, reporting a second-quarter earnings per share of $1.85, up from 73 cents year-on-year [5] - Berkshire Hathaway's holding Verisign (VRSN.US) rose 6.67% despite Q2 revenue falling short of market expectations, as the company raised its full-year revenue guidance [5] - Tesla (TSLA.US) increased by 3.52% with plans to launch Robotaxi services in San Francisco [6]

Financial Performance - Newmont's quarterly profits exceeded analysts' estimates [1] - Profits were boosted by higher gold prices [1] Market Dynamics - Newmont shares increased following the release of the quarterly profits [1]

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Core Viewpoint - The article discusses the current market conditions, focusing on Newmont Corporation (NEM) and broader economic indicators, highlighting potential investment strategies amid market fluctuations and government fiscal policies [15]. Group 1: Company Analysis - Newmont Corporation (NEM) has shown an upward trend in stock price this year, with a notable gap up following earnings reports [15]. - The Relative Strength Index (RSI) for NEM indicates a negative divergence, suggesting that internal momentum is slowing despite rising stock prices, which may lead to a potential pullback [15]. Group 2: Economic Indicators - Durable goods orders fell by 9.3%, better than the consensus estimate of -11%, while durable goods excluding transportation rose by 0.2%, surpassing the expected -0.2% [15]. - The S&P 500 has recently achieved the longest series of record highs since December 2024, indicating a strong market performance, although this may lead to recency bias among investors [15]. Group 3: Investment Strategies - Investors are advised to maintain a diversified portfolio, considering a traditional allocation of 60% stocks and 40% bonds, focusing on high-quality bonds with shorter durations [16]. - The article suggests that investors should hold sufficient cash to capitalize on new opportunities while adjusting hedge levels to manage risk effectively [13][10].

Core Insights - Newmont Corporation (NEM) reported significant growth in earnings and revenue for Q2 2025, with adjusted earnings per share (EPS) of $1.43, a 99% increase year-over-year, surpassing the Zacks Consensus Estimate of $1.04 [1][8] - The company's revenue reached $5.32 billion, reflecting a 20.8% increase from $4.4 billion in the prior-year quarter, driven primarily by higher realized gold prices [2][8] Financial Performance - Attributable gold production for Q2 was 1.48 million ounces, an 8.1% decrease from the previous year, but exceeded estimates of 1.42 million ounces [3] - Average realized gold prices increased by approximately 41.4% year-over-year to $3,320 per ounce, surpassing the estimate of $2,953 per ounce [3] - Costs applicable to sales (CAS) for gold were $1,215 per ounce, a 5.5% increase year-over-year, which was lower than the estimated $1,228 per ounce [4] - All-in-sustaining costs (AISC) rose around 2% year-over-year to $1,593 per ounce, missing the estimate of $1,657 per ounce [4] - The company ended the quarter with cash and cash equivalents of $6.185 billion, a 137.7% increase year-over-year, while long-term debt decreased by 17.9% to $7.132 billion [5] Future Outlook - Newmont anticipates maintaining gold production at approximately 5.9 million ounces for 2025, with projected CAS at $1,200 per ounce and AISC at $1,630 per ounce [6] Market Performance - Newmont's shares have increased by 31.7% over the past year, compared to a 43.9% rise in the industry [7]

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]