Newmont Corporation (NEM)
| Previous close | 38.60 |
| Open | 40.33 |
| Bid | 40.93 x 1200 |
| Ask | 40.89 x 1100 |
| Day's range | 39.99 - 41.22 |
| 52-week range | 29.42 - 50.18 |
| Volume | |
| Avg. volume | 14,474,470 |
| Market cap | 46.792B |
| Beta (5Y monthly) | 0.54 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -3.00 |
| Earnings date | 25 Apr 2024 |
| Forward dividend & yield | 1.00 (2.59%) |
| Ex-dividend date | 04 Mar 2024 |
| 1y target est | 63.00 |
- GuruFocus.com
Newmont Corp (NEM) Q1 2024 Earnings: Aligns with EPS Projections, Surpasses Revenue Forecasts
Robust Operational Performance and Strategic Asset Monetization Highlight the Quarter
- Reuters
UPDATE 2-Newmont beats quarterly profit, production estimates on Newcrest assets boost
Newmont Corp beat Wall Street estimates for first-quarter profit on Thursday, as the world's largest gold miner benefited from strong production and higher sales. Quarterly attributable gold production in the quarter rose to 1.7 million ounces from 1.3 million ounces a year earlier, boosted through sites acquired following its acquisition of Australia's Newcrest A$26.2 billion ($17.06 billion) in November. On an adjusted basis, the Denver, Colorado-based Newmont posted a net income of 55 cents per share for the quarter ended March 31, compared with the average analyst estimate of 36 cents per share, according to LSEG data.
ReutersNewmont beats quarterly profit, production estimates on Newcrest assets boost
Quarterly attributable gold production in the quarter rose to 1.7 million ounces from 1.3 million ounces a year earlier, boosted through sites acquired following its acquisition of Australia's Newcrest A$26.2 billion ($17.06 billion) in November. On an adjusted basis, the Denver, Colorado-based Newmont posted a net income of 55 cents per share for the quarter ended March 31, compared with the average analyst estimate of 36 cents per share, according to LSEG data. The company saw higher average gold price at $2,090 per ounce in the January-March quarter from $1,906 a year earlier, as spot prices of the precious metal rose about 8.2%.
