Newmont

Shares of Newmont Goldcorp rose to a record high of $134.93 but, according to InvestingPro, still trade below a fair value of $146.94. Year-to-date the stock has delivered a total return of 87.4% and is viewed as financially strong with a Piotroski score of 9 and a PEG of 0.38. For Q2 Newmont reported adjusted earnings of $2.10 per share on revenue of $6.12 billion, however it slightly missed consensus expectations; Raymond James raised its price target to $140 while Argus cut its target to $110. » Altro su de.investing.com

Newmont realized an average gold price of $4,414/oz in Q2 while attributable production fell to 1.29 million ounces, giving the company strong commodity-price leverage but less support from output growth. The miner generated $2.2 billion of free cash flow, holds $9.0 billion cash and $13.0 billion liquidity, and has $4.3 billion left on its $6.0 billion buyback authorization, supporting capital returns. Rising AISC, higher royalties, diesel and sustaining capital needs—plus sensitivity of costs to oil and royalties—mean higher prices will be partly absorbed unless Newmont controls costs and delivers production execution. » Altro su finance.yahoo.com

Newmont and Barrick reached a strategic agreement that brings previously excluded properties, such as the Fourmile deposit, into the Nevada Gold Mines joint venture. Newmont generated a record free cash flow of $2.2 billion in Q2 2026, enabling large shareholder distributions. The company also benefits from strong precious metal prices and rising copper demand driven by the energy transition. » Altro su finanzen.net