Newmont

Newmont reported adjusted earnings of $2.20 per share in the third quarter, well above expectations, and a net profit of $2.5 billion. The realized gold price was $4,317 per ounce, $97 below the prior quarter, and production fell to 1.30 million ounces (-8%). Free cash flow rose to $1.9 billion, AISC were $1,454 per ounce; for 2026 Newmont confirms a production target of 5.3 million ounces but lowers its cost guidance to $1,520. Analysts are divided, while the current gold price of around $4,000 is below the planning assumption of $4,500 and could therefore put pressure on revenue and earnings going forward. » Więcej na finanzen.net

Newmont reported adjusted earnings of $2.20 per share in the third quarter (expectation $1.95) and revenue of $6.36 billion. Free cash flow was $1.9 billion and cash on hand totaled $8.8 billion at quarter‑end. Production was about 1.3 million ounces of gold, and all‑in sustaining costs were $1,454 per ounce. After hours the stock rose about 1 percent. » Więcej na deraktionaer.de

Gold and silver remain under pressure as US yields, the upcoming Fed meeting and the midterm elections make investors cautious. Newmont will publish third-quarter results on Thursday; the consensus is $1.95 earnings per share, so a weaker gold price is likely to weigh on the result. Attention focuses on whether Newmont confirms its production and cost guidance, in particular the AISC calculation of $1,680 per ounce for the current year. » Więcej na deraktionaer.de