Newmont Corporation

NEM

US6516391066

Gold

Market Closed - Nyse Other stock markets 04:00:02 2024-05-03 pm EDT			5-day change	1st Jan Change
40.66 ^USD	-0.95%		-4.84%	-1.76%

May. 03	Strong copper price reviving Peru's mining mojo, minister says	RE
May. 03	National Bank Adjusts Price Target on Newmont to CA$67 From CA$68	MT

Newmont Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024

April 25, 2024 at 07:01 am EDT

Newmont Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 4,023 million compared to USD 2,679 million a year ago. Net income was USD 170 million compared to USD 351 million a year ago.

Basic earnings per share from continuing operations was USD 0.15 compared to USD 0.42 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to USD 0.42 a year ago. Basic earnings per share was USD 0.15 compared to USD 0.44 a year ago.

Diluted earnings per share was USD 0.15 compared to USD 0.44 a year ago.

Latest news about Newmont Corporation

Strong copper price reviving Peru's mining mojo, minister says	May. 03	RE
National Bank Adjusts Price Target on Newmont to CA$67 From CA$68	May. 03	MT
Gold Stocks: National's Barrick Target Unchanged at C$28 while Its Newmont Target Moves Down to C$67 From $68; Keeps Sector Performs On Both Names	May. 02	MT
Gold Stocks: National Updated Its Barrick and Newmont Models to include Barrick's Q1 Results and "Tweaks" Made at the NGM and PV JVs	May. 02	MT
Gold Stocks: Estimates Revisions for Barrick and Newmont at National Bank Post Q1 2024 Earnings	May. 02	MT
BMO Capital Adjusts Price Target on Newmont to $54 From $56	May. 02	MT
The anomaly behind gold	May. 02
Newmont's Rating Downgraded to Sector Perform; Price Target Cut to C$68 on Valuation	May. 01	MT
National Bank Financial Downgrades Newmont to Sector Perform From Outperform, Adjusts PT to $49.44 From $50.44	May. 01	MT
Boom Logistics Wins AU$60 Million Contract with Newmont Mining	Apr. 30	MT
A flurry of corporate results ahead of the Fed's rate decision	Apr. 30
Macquarie Adjusts Newmont Price Target to $46 From $45	Apr. 29	MT
Newmont Maintained at Sector Perform by RBC Following Q1 Results; Price Target Kept at US$40.00	Apr. 26	MT
Scotiabank Adjusts Newmont's Price Target to $46.50 From $43.50	Apr. 26	MT
BMO Capital Adjusts Newmont Price Target to $56 From $55	Apr. 26	MT
TD Cowen Adjusts Price Target on Newmont to $48 From $43	Apr. 26	MT
Meta Selloff, GDP Data Drag Equity Markets Lower	Apr. 25	MT
Wall Street stocks fall as weak GDP growth spreads rate-cut gloom	Apr. 25	RE
Newmont Rallies After Better-Than-Expected Q1 Results; Settles Credit Facility for $330 Million	Apr. 25	MT
Wall St loses over 1% amid fading rate-cut hopes	Apr. 25	RE
Global markets live: Ford, Dow, American Airlines, Comcast, Apple, IBM, Cisco...	Apr. 25
Transcript : Newmont Corporation, Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
The specter of stagflation rears its ugly head again	Apr. 25
Top deals in the global mining sector	Apr. 25	RE
Newmont Up 4.3% in Premarket Trade as Q1 Adjusted Profit Almost Doubles, Topping Estimates	Apr. 25	MT

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Company Profile

Newmont Corporation is one of the world's leading gold mine exploration and operation companies. Net sales break down by family of products as follows: - gold (86.3%): 5.9 million ounces sold in 2021; - silver (5.3%): 32.2 million ounces sold; - zinc (4.6%): 196.4 million kg sold; - copper (2.4%): 31.3 million kilos sold; - lead (1.4%): 78.5 million kg sold. At the end of 2021, the group had 12 production sites located in North America (5), South America (3), Australia (2) and Africa (2). Net sales are dsitributed geographically as follows: the United States (0.5%), the United Kingdom (68.8%), South Korea (13.6%), Mexico (5.3%), Japan (3.2%), Germany (2.3%), Switzerland (2.2%), Philippines (2.2%) and other (1.9%).

Sector

Gold

Calendar

2024-06-03 - Ex-dividend day

Related indices

S&P 500

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Ratings for Newmont Corporation

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

40.66 USD

Average target price

46.63 USD

Spread / Average Target

+14.67%

Consensus

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Company calendar

Sector Gold Mining

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Gold Mining