Core Insights - Newmont Corporation (NEM) has sold shares in Greatland Resources Limited and Discovery Silver Corp for approximately $470 million after taxes and commissions, simplifying its investment portfolio and generating additional cash [1] - The company completed its non-core divestiture program in April 2025, expecting to generate $3 billion in after-tax cash proceeds from its divestiture program, which will support its capital allocation strategy [2][8] - Newmont's asset streamlining aims to concentrate capital on high-return, long-life assets, resulting in a $1 billion reduction in gross debt and a record first-quarter free cash flow of $1.2 billion [3] Financial Performance - Newmont's shares have increased by 57% year to date, outperforming the Zacks Mining – Gold industry's rise of 50.5%, largely due to a rally in gold prices [7] - The Zacks Consensus Estimate for NEM's earnings in 2025 and 2026 indicates a year-over-year rise of 31.3% and 6.7%, respectively, with EPS estimates trending higher over the past 60 days [10] Strategic Focus - The divestments allow Newmont to invest in key growth projects such as Tanami Expansion 2 in Australia, Ahafo North expansion in Ghana, and Cadia Panel Caves in Australia, aimed at boosting production capacity and extending mine life [4][8] - Newmont is well-positioned to meet its 2025 targets, continuing to deliver robust free cash flow from its high-quality, long-life asset portfolio [4] Competitive Landscape - Other companies in the industry, such as Barrick Mining Corporation and Kinross Gold Corporation, have also streamlined their portfolios by divesting non-core assets to focus on high-quality projects [5][6]

Core Insights - Newmont Corporation (NEM) has executed agreements to sell its shares in Greatland Resources Limited and Discovery Silver Corp, generating total cash proceeds of approximately $470 million after taxes and commissions [1][10] - This divestiture aligns with Newmont's strategy announced in February 2024 to focus on high-quality, core assets, simplifying its investment portfolio while enhancing cash flow [2][10] - Newmont is positioned to meet its 2025 targets, expecting to generate $3 billion in after-tax cash proceeds from its divestiture program, which will support its capital allocation strategy [3] Divestiture Details - Newmont agreed to sell half of its shares in Greatland in June 2025, with a remaining equity stake of about 9.9% post-sale [4] - The sale of Discovery shares will occur in two phases in May and July 2025, as part of the consideration for the divestment of the Porcupine mine [5] Financial Performance - Newmont's shares have increased by 18.9% over the past year, compared to a 32% rise in the industry [6] - The company anticipates gold production of approximately 5.9 million ounces for 2025, with costs applicable to sales (CAS) projected at $1,200 per ounce and all-in-sustaining costs (AISC) at $1,630 per ounce [7]

Core Insights - Earnings season is a critical period for market participants as companies disclose their financial performance, impacting stock prices and providing insights into economic trends [1][2][15] Group 1: Company Performance - Earnings reports reveal essential information such as revenues, expenses, and profits, which are crucial for assessing a company's financial health [3][15] - Palantir (PLTR) raised its revenue growth guidance for the current year, leading to a significant increase in its share price, reflecting strong demand driven by the AI sector [3][4] - Netflix (NFLX) experienced a surge in its stock price after reporting impressive subscriber metrics and a 25% growth in EPS, supported by a 12% increase in sales [7][15] Group 2: Market Trends - Earnings season provides a broader view of economic trends; for instance, disappointing results from retail companies may indicate a slowing consumer market, while strong earnings could suggest economic stability [9][15] - Newmont (NEM), a major gold producer, benefited from rising gold prices, with an average price of $2,643 per ounce, up from $2,004 the previous year, and reported record free cash flow of $1.6 billion [10][11]

Newmont's CFO Karyn Ovelmen suddenly resigned from the gold mining giant. https://t.co/o2VSeOTmKn ...

The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Newmont Corporation (NEM) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.Newmont Corporation is a member of the Basic Materials sector. This group includes 238 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Secto ...

Company Performance - Newmont Corporation (NEM) closed at $60.82, marking a +1.15% move from the prior day, outperforming the S&P 500 which gained 0.14% [1] - Over the past month, shares of Newmont gained 3.85%, outpacing the Basic Materials sector's gain of 2.46% but lagging the S&P 500's gain of 3.97% [1] Upcoming Earnings - The upcoming earnings release is expected on July 24, 2025, with a forecasted EPS of $1.01, indicating a 40.28% increase from the same quarter last year [2] - Revenue is predicted to be $4.62 billion, reflecting a 4.9% increase compared to the same quarter of the previous year [2] Annual Estimates - For the annual period, earnings are anticipated to be $4.57 per share and revenue at $19.28 billion, signifying increases of +31.32% and +3.19% respectively from the last year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Newmont are important as they indicate changing business trends, with upward revisions reflecting analysts' positive outlook on the company's operations [4] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [6] - Newmont currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate moving 9.29% higher over the past month [6] Valuation Metrics - Newmont is trading at a Forward P/E ratio of 13.16, which aligns with its industry's Forward P/E of 13.16 [7] - The company has a PEG ratio of 0.68, compared to the Mining - Gold industry's average PEG ratio of 0.56 [7] Industry Ranking - The Mining - Gold industry is part of the Basic Materials sector and currently holds a Zacks Industry Rank of 13, placing it within the top 6% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Samuel Smith has a diverse background that includes being lead analyst and Vice President at several highly regarded dividend stock research firms and running his own dividend investing YouTube channel. He is a Professional Engineer and Project Management Professional and holds a B.S. in Civil Engineering & Mathematics from the United States Military Academy at West Point and has a Masters in Engineering from Texas A&M with a focus on applied mathematics and machine learning.Samuel leads the High Yield Inve ...

Core Viewpoint - Newmont Corporation (NEM) is showing potential for investment due to its recent technical indicators and positive earnings revisions [1][3]. Technical Analysis - NEM has recently reached a key level of support and has overtaken the 20-day moving average, indicating a short-term bullish trend [1]. - The stock price has been moving higher over the past four weeks, increasing by 10.2% [2]. Earnings Estimates - There have been four upward revisions for NEM's earnings estimates for the current fiscal year, with no downward revisions, leading to a positive consensus estimate [3]. - The combination of positive earnings revisions and technical indicators suggests that NEM may continue to see gains in the near future [3].

Key Points - The article highlights significant stock movements in the Hong Kong and US markets, with various companies experiencing notable gains and losses due to recent developments and announcements [1][2][3][4][5] Hong Kong Market Highlights - China Rare Earth Holdings (03788) surged nearly 20%, with a year-to-date increase of 320%, as the company proposed a spin-off of its gold segment for independent listing on the Hong Kong Stock Exchange [1] - Innovent Biologics (09969) rose nearly 4% after announcing the clinical approval of its new ADC innovative drug ICP-B794 [1] - North Sea Kangcheng - B (01228) increased over 50%, with its stock price doubling in three days, marking it as a rare disease stock in the Hong Kong market [1] - Hong Kong Travel (00308) saw a rise of over 24%, achieving a year-to-date stock price doubling, driven by market speculation on stablecoin cross-border payment scenarios [1] - CSPC Pharmaceutical Group (01093) gained nearly 3% after receiving drug registration approval for Mesalazine enteric-coated tablets, enhancing its product line in the immune system treatment sector [1] - Ruian Real Estate (00272) rose over 4%, with a cumulative contract property sales amount for the first six months increasing by 457% year-on-year [1] - Cornerstone Pharmaceuticals - B (02616) increased over 3%, planning to raise HKD 467 million for clinical research on CS2009 [1] - Q Technology (01478) rose over 7%, with mobile camera module sales of 32.648 million units in June, a year-on-year increase of 1.5% [1] - Dekang Agriculture and Animal Husbandry (02419) increased by 6%, with a new cycle logic continuing to strengthen, and Tianfeng Securities set a target price of HKD 154 [1] - Contemporary Amperex Technology (03750) rose over 3%, reaching a new high since its listing, following a deepened strategic cooperation agreement with Geely Automobile [2] - Gaming stocks continued to rise, with Wynn Macau (01128) up 6.49%, New World Development (00200) up 6.15%, and others showing similar gains [2] - Gold stocks faced declines, with Golden Resources (GORO.US) dropping nearly 10% and others following suit [4] US Market Highlights - Stablecoin concept stocks continued to rise, with Tiger Brokers (TIGR.US) increasing over 8% [4] - Trump Media & Technology Group (DJT.US) rose over 2% as the company seeks SEC approval for a blue-chip cryptocurrency ETF [4] - Wolfspeed (WOLF.US) continued to rise, with stock prices increasing over 9% [4] - Intel (INTC.US) rose over 7% after announcing company-wide layoffs [4] - JD.com (JD.US) increased over 2% as it launched its "Double Hundred Plan" for its delivery service [4]

Investment Rating - The report provides a "Buy" rating for companies IGO, NST, NEM, CMM, BGL, VAU, WGX, and PNR, while recommending a "Sell" rating for MIN and RRL [4]. Core Insights - The report highlights the potential upside for various companies based on their current pricing and NAV valuations, with IGO showing a 2% downside to its price target and NST having a 14% upside [4]. - The report emphasizes the strong performance of gold and lithium sectors, with specific companies positioned favorably for growth [4][8]. Company Summaries - **IGO**: Rated "Buy" with a market cap of US$2.1 billion, current price A$4.32, and a 12-month price target of A$5.03, indicating a 2% downside [4]. - **NST**: Rated "Buy" with a market cap of US$17.4 billion, current price A$18.56, and a 12-month price target of A$22.53, indicating a 14% upside [4]. - **NEM**: Rated "Buy" with a market cap of US$66.7 billion, current price A$90.58, and a 12-month price target of A$98.83, indicating a 7% upside [4]. - **CMM**: Rated "Buy" with a market cap of US$2.7 billion, current price A$9.44, and a 12-month price target of A$10.09, indicating a 6% upside [4]. - **BGL**: Rated "Buy" with a market cap of US$0.9 billion, current price A$0.93, and a 12-month price target of A$0.97, indicating a 29% upside [4]. - **MIN**: Rated "Sell" with a market cap of US$3.2 billion, current price A$24.44, and a 12-month price target of A$20.30, indicating an 18% downside [4]. - **RRL**: Rated "Sell" with a market cap of US$2.2 billion, current price A$4.53, and a 12-month price target of A$4.24, indicating a 1% downside [4]. Commodity & FX Forecasts - The report includes forecasts for various commodities, with gold expected to reach US$3,503 per ounce in Q4 2025 and lithium carbonate projected at US$8,005 per ton in 2025 [8]. - Nickel prices are forecasted to stabilize around US$7.17 per pound in Q4 2025, while copper is expected to be around US$4.52 per pound [8].