Core Viewpoint - Inflection Resources Ltd. has successfully acquired a 100% interest in a portfolio of copper-gold projects located in the Northern Territory and New South Wales, Australia from Newmont Corporation [1] Group 1: Acquisition Details - The acquisition was made pursuant to an Agreement announced on June 16, 2025, which includes milestone payments, royalties, and the issuance of 1,250,000 common shares of Inflection to an affiliate of Newmont [2]

Group 1 - Newmont Mining Corporation is set to announce its earnings on July 24, 2025, with a consensus estimate of approximately $1.01 per share and projected revenue growth of nearly 9% year-over-year due to higher average gold prices [2] - The company's current market capitalization is $66 billion, with revenue over the past twelve months reaching $20 billion, operating profits of $7.0 billion, and net income of $5.1 billion [3] - Historical earnings data indicates that in the last five years, Newmont has recorded 16 earnings data points, with only 4 positive one-day returns, resulting in a 25% occurrence rate of positive returns [6] Group 2 - The median of the 4 positive one-day returns is 1.3%, while the median of the 12 negative returns is -4.4%, indicating a tendency towards negative performance post-earnings [6] - A strategy to analyze the correlation between short-term and medium-term returns following earnings can be employed, particularly if the 1D and 5D returns show high correlation [7] - The Trefis High Quality portfolio has outperformed the S&P 500, achieving returns exceeding 91% since its inception, providing an alternative for investors seeking less volatility [4][8]

Core Viewpoint - Newmont Corporation's shares have increased by 39.2% over the past six months, driven by rising gold prices amid trade and geopolitical uncertainties, outperforming both the Zacks Mining – Gold industry and the S&P 500 [1][6]. Performance Summary - NEM stock has outperformed the Zacks Mining – Gold industry's increase of 38.5% and the S&P 500's rise of 3.9% [1]. - Compared to peers, Barrick Mining Corporation, Agnico Eagle Mines Limited, and Kinross Gold Corporation have gained 30.1%, 39.5%, and 49.7%, respectively, over the same period [1]. Technical Indicators - Technical indicators show bullish momentum for NEM, with the stock trading above its 50-day and 200-day simple moving averages (SMA), indicating a long-term uptrend [4][5]. Financial Health - Newmont recorded $1.2 billion in free cash flow in Q1 2025, reflecting strong financial health that supports growth initiatives [6]. - The company has a liquidity position of $8.8 billion, including approximately $4.7 billion in cash and cash equivalents, and operating cash flow from continuing operations increased by roughly 162% year-over-year to around $2 billion in Q1 [12]. Growth Projects - Newmont is 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 [9]. - The acquisition of Newcrest Mining Limited has created a strong portfolio with a multi-decade production profile, expected to deliver significant value and synergies, achieving $500 million in annual run-rate synergies post-acquisition [10]. Strategic Divestitures - Newmont has divested non-core businesses to focus on Tier 1 assets, completing a divestiture program in April 2025 that is expected to generate $3 billion in after-tax cash proceeds [11]. - Recent sales of shares in Greatland Resources Limited and Discovery Silver Corp are projected to yield around $470 million after taxes and commissions [11]. Gold Price Dynamics - Gold prices have increased by approximately 27% this year, reaching a record high of $3,500 per ounce on April 22, 2025, driven by trade tensions and central bank purchases [13][15]. - Current gold prices are hovering above $3,300 per ounce, supported by safe-haven demand amid geopolitical uncertainties [15]. Dividend and Earnings Outlook - NEM offers a dividend yield of 1.7% with a payout ratio of 24%, indicating a sustainable dividend backed by strong cash flows [16]. - Earnings estimates for 2025 have been revised upward, with a Zacks Consensus Estimate suggesting a year-over-year growth of 31.3% [17]. Valuation Metrics - Newmont is trading at a forward price/earnings ratio of 12.24X, slightly below the industry average of 12.45X, indicating a competitive valuation [19]. Investment Case - Newmont presents a compelling investment opportunity due to its robust growth projects, strong financial health, and rising earnings estimates, making it a prudent choice for investors looking to capitalize on favorable gold market conditions [23].

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]

Key Takeaways NEM sold equity stakes in Greatland and Discovery for $470M in after-tax cash proceeds. The deals support NEM's 2025 divestiture strategy focused on non-core asset monetization. Proceeds will help NEM strengthen its balance sheet and boost shareholder returns.Newmont Corporation (NEM) has executed agreements to sell its shares in Greatland Resources Limited and Discovery Silver Corp, for total cash proceeds of around $470 million after taxes and commissions.This move aligns with Newmont’s Fe ...

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 ...