Newmont Mining Stock News

DENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, ASX: NEM, TSX: NGT, PNGX: NEM) (Newmont or the Company) announced today that it has commenced offers (each, a “Tender Offer” and, collectively, the “Tender Offers”) to purchase for cash up to $2,000 million aggregate principal amount (the “Aggregate Cap”) of its outstanding series of notes listed in the table below (collectively, the “Not...

Div idend stocks ha ve long been a mainstay for investors focused on reliable returns and consistent income.

Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM) delivered a very strong quarter, according to analysts at Jefferies who raised their price target on the stock citing beats across production, earnings and free cash flow. The analysts raised their price target to $73 from $68, implying upside of 19% from current levels.

Newmont (NEM) shares jumped Friday after the gold mining giant posted quarterly earnings that topped expectations, with a boost from soaring gold prices. It also announced a new share repurchase program.

The outlook remains bullish as Newmont capitalizes on record gold prices and robust demand amid ongoing global uncertainty. Q2 earnings beat expectations with strong revenue and EPS growth, driven by high gold prices and disciplined cost management. Valuation remains attractive, with forward P/E ratios well below sector averages and consensus price targets offering solid upside.

Stock futures are little changed after the Nasdaq and S&P 500 hit record highs yesterday; U.S. regulators cleared Paramount's (PARA) merger with Skydance Media; Intel (INTC) shares are plunging after the chipmaker posted a surprise loss; Deckers Outdoor (DECK) is rising after the footwear maker reported a jump in revenue; and miner Newmont (NEM) reported rising profits with higher gold prices. ...

Newmont Corporation (NYSE:NEM ) Q2 2025 Earnings Conference Call July 24, 2025 5:30 PM ET Company Participants Natascha Viljoen - President & COO Thomas Ronald Palmer - CEO & Director Conference Call Participants Anita Soni - CIBC Capital Markets, Research Division Daniel Morgan - Barrenjoey Markets Pty Limited, Research Division Daniel Edward Major - UBS Investment Bank, Research Division Faha...

Neils 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.