Previous close | 38.60 |
Open | 40.33 |
Bid | 43.21 x 1100 |
Ask | 43.44 x 800 |
Day's range | 39.98 - 43.91 |
52-week range | 29.42 - 50.18 |
Volume | |
Avg. volume | 14,911,427 |
Market cap | 50.043B |
Beta (5Y monthly) | 0.54 |
PE ratio (TTM) | N/A |
EPS (TTM) | -3.00 |
Earnings date | 18 July 2024 - 22 July 2024 |
Forward dividend & yield | 1.00 (2.59%) |
Ex-dividend date | 04 Mar 2024 |
1y target est | 63.00 |
Newmont's (NEM) first-quarter earnings and revenues exceed expectations, driven by increased production and higher realized gold prices.
Robust Operational Performance and Strategic Asset Monetization Highlight the Quarter
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.