AarreRinne Last month, I discussed why Newmont (NYSE:NEM)(TSX:NGT:CA) was one of my top gold stocks for this gold bull market. The summary thesis was as follows: Poor Performance Resulted In Big Discount NEM had been the worst-performing senior gold producer over the prior few years and one of the poorest-performing mining stocks overall. Highest Quality And Most Diverse Portfolio In the Sector Newmont is by far the largest gold producer in the world and has the highest-quality portfolio of assets in the s ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________to__________ Commission File Number: 001-31240 NEWMONT CORPORATION (Exact name of registrant as specified in its charter) Delaware ...

Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...

NYSE: NEM, ASX: NEM, TSX: NGT, PNGX: NEM Exhibit 99.1 Newmont Reports Second Quarter 2024 Results DENVER, July 24, 2024 – Newmont Corporation (NYSE: NEM, ASX: NEM, TSX: NGT, PNGX: NEM) (Newmont or the Company) today announced second quarter 2024 results and declared a second quarter dividend of $0.25 per share. "Newmont delivered a solid second quarter, producing 2.1 million gold equivalent ounces and generating $594 million in free cash flow," said Tom Palmer, Newmont's President and Chief Executive Office ...

draganab/iStock via Getty Images My Coverage History & Thesis I first wrote about Newmont Corporation (NYSE:NEM) in early April 2024, giving the company a “Buy” rating. At that time, I observed a logically approaching bullish catalyst in the form of a strong report for Q1 with good guidance from management. This was due to the growth of most commodities prices, particularly gold (XAUUSD:CUR), which constitutes the lion's share of the company's operations. I also assumed that Newmont stock was undervalue ...

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 our Basic Materials group, which includes 238 different companies and currently sits at #8 in the Zacks Sector Rank. The Zacks Secto ...

Newmont Corporation (NEM) is slated to come up with second-quarter 2024 results after the closing bell on Jul 24. The mining giant is expected to have benefited from higher gold prices and increased production volumes in the quarter.The Zacks Consensus Estimate for second-quarter 2024 earnings has been revised 6% upward in the past 60 days. The consensus estimate for earnings is pegged at 53 cents per share, suggesting a 60.6% year-over-year rise. The Zacks Consensus Estimate for revenues currently stands a ...

UKRAINE - 2021/06/21: In this photo illustration, a Newmont Mining Corporation logo seen displayed ... [+] on a smartphone. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesNewmont Corporation (NYSE: NEM), one of the world’s largest gold miners, is expected to publish its Q2 2024 results on July 25, reporting on a quarter that saw strong gold prices. We expect revenue to come in at close to $5.70 billion for the quarter, slightly ahead of ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Newmont Corporation (NEM) .Newmont currently has an average brokerage recommendation (ABR) of 1 ...

Newmont Corporation (NEM) closed at $47.51 in the latest trading session, marking a -1.57% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.78%. Elsewhere, the Dow lost 1.29%, while the tech-heavy Nasdaq lost 0.7%.The the stock of gold and copper miner has risen by 15.51% in the past month, leading the Basic Materials sector's gain of 1.42% and the S&P 500's gain of 2.14%.The investment community will be paying close attention to the earnings performance of Newmont Cor ...