Newmont Corporation (NEM) showcased a solid performance with its Q3 2025 results, buoyed by rising gold prices and a boost in cash flow. The reported earnings and revenue beat estimates, even as the company's golden cross signal indicates a potential uptick. However, the stock fell despite the positive earnings as gold production dropped by 15%. The earnings call saw NEM highlight its record cash flow and strategic debt reduction. Furthermore, NEM has announced commercial production at the Ahafo North site in Ghana. Despite projecting robust free cash flow generation, NEM simultaneously warned about underwhelming per share growth. Concerns followed NEM's stock drop after the largest daily drop in gold in a decade. Unconfirmed reports meanwhile, suggested NEM considering a deal for Barrick's Nevada gold assets, signaling potential expansion. Market analysts see NEM as a strong growth and momentum stock for long-term value. Meanwhile, Bank of America lifted NEM's price target, and the golden run is projected to continue if gold prices remain high. Yet, with bearish value narrative as growth lags the broader market, some urge caution before buying into the stock.
Newmont Corporation NEM News Analytics from Fri, 02 May 2025 07:00:00 GMT to Sat, 25 Oct 2025 15:10:27 GMT -
Rating 5
- Innovation -3
- Information 5
- Rumor -4
